Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2013-09-16 | Thomas K. Equels, Esq., 61, has been a Director since 2008 and presently serves as our Executive Vice Chairman, Secretary and General Counsel. ... The Compensation Committee in light of pre-established individual, along with position appropriate Company-wide goals (A. through O. as disclosed above) and objectives, undertook a weighted-average evaluation of the performance of each key executive in order to determine respective annual incentive opportunities considering base salary and fees, short and long-term incentive opportunity and any special/supplemental benefits or payments. Based upon all of the foregoing, the Committee determined that the following 2012 Performance Bonuses were granted and paid in 2012 to the following NEO at the rate of 25% of their respective 2012 year-end base compensation: Thomas Equels (Executive Vice Chairman, Secretary & General Counsel) for $129,500; ... Summary Compensation Table ... Thomas K. Equels General Counsel 2012 Salary/Fees $694,068 Bonus $1,288,693 All Other Compensation $188,696 Total $2,171,457 ... In June 2012, each Director was granted an Option to purchase 100,000 shares of Company common stock with an exercise price equal to 110% of the final closing price of the Company's common stock on the NYSE MKT LLC as of June 5, 2012 ($0.26), that will vest one year after issuance, contain a cashless exercise provision, have a ten year term and were issued from the Company's 2009 Equity Incentive Plan. |
| 2014-10-10 | T. Equels, Executive Vice Chairman & Secretary - Director Compensation - 2013 - Fees Earned or Paid in Cash: 179,766; Option Awards: 28,515; Total: 208,281 |
| 2015-07-07 | Thomas Equels, Executive Vice Chairman & Secretary, Director Compensation - 2014 table shows $182,462 fees earned or paid in cash and total $182,462. He is Executive Vice Chairman, Secretary and General Counsel. |
| 2015-08-10 | Director Compensation - 2014 table shows T. Equels, Executive Vice Chairman & Secretary, 182,462 fees earned or paid in cash and total 182,462. |
Data sourced from SEC filings. Last updated: 2026-02-03