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PAGE
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2022 Proxy Statement Summary
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| | | | [•] | | |
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年会问答
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| | | | [•] | | |
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征集背景
|
| | | | [•] | | |
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Proposal 1 — Election of Directors
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| | | | [•] | | |
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任期至2025年的董事选举提名
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| | | | [•] | | |
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任期将于2023年到期的现任董事
|
| | | | [•] | | |
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任期将于2024年到期的现任董事
|
| | | | [•] | | |
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提案2 - 批准选择独立注册会计师事务所
|
| | | | [•] | | |
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董事会会议和董事会委员会
|
| | | | [•] | | |
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Corporate Governance
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| | | | [•] | | |
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非员工董事薪酬
|
| | | | [•] | | |
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投票证券及其主要持有人
|
| | | | [•] | | |
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高管薪酬
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| | | | [•] | | |
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某些关系和相关交易
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| | | | [•] | | |
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董事会审计委员会报告
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| | | | [•] | | |
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与独立注册会计师事务所的关系
|
| | | | [•] | | |
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拖欠第16(A)条报告
|
| | | | [•] | | |
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其他信息
|
| | | | [•] | | |
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附录A - 有关征集参与者的其他信息
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| | | | [•] | | |
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附录B - 非公认会计准则财务信息
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| | | | [•] | | |
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Date and Time:
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| | [•], 2022, at [•]上午中部时间 | |
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Place:
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4620 E. 53rd Street, Room 120, Davenport, Iowa 52807
如果我们出于对新冠肺炎的担忧或其他原因,决定以远程通信的方式召开年会,我们将提前宣布这一决定,并提供如何参与公司发布的新闻稿的详细信息。我们还将向美国证券交易委员会(“美国证券交易委员会”)提交最终的额外征集材料,宣布年会将以远程通信的方式独家举行。
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Record Date:
|
| | [•], 2022 (the “Record Date”) | |
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Proxy Materials:
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2022年股东周年大会通知、本委托书、随附的白色委托卡和公司年报将于记录日期左右首先发送给登记在册的股东[•], 2022.
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Proposals:
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Unanimous Board
Recommendation: |
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For more detail,
see page: |
|
提案1 - 选举三名董事,每人任期三年 | | |
FOR ALL
|
| |
[•]
|
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提案2 - 批准BDO美国公司入选 | | |
FOR
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[•]
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| By Phone | | | By Internet | |
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拨打白色代理卡或白色投票说明表上的号码并按照简单的语音提示进行投票。
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按照白色代理卡或白色投票指导表上的说明操作。
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| By Mail | | | In Person | |
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如果您通过邮寄方式索取代理材料的打印副本,您将收到一张白色代理卡,您可以通过填写白色代理卡并将其放在随附的邮资已付信封中返回来投票。
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出席年会并亲自投票。如果您持有“街名”的任何股份,除非您携带持有您股份的组织的合法代表,否则您不能亲自投票。
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关于年会代理材料供应的重要通知:
公司的委托书、白代理卡表格和2021年年度报告Form 10-K可在[•] |
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| | |
Audit
Committee(1) |
| |
Executive
Committee |
| |
ECC(1)
|
| |
NCGC(1)
|
| ||||||||||||
Steven C. Fletcher
|
| | | | 会员 | | | | | | — | | | | | | 会员 | | | | | | 会员 | | |
Margaret R. Liberman
|
| | | | — | | | | | | — | | | | | | — | | | | | | 会员 | | |
Mary E. Junck
|
| | | | — | | | | | | 主席 | | | | | | — | | | | | | — | | |
Brent M. Magid
|
| | | | 主席 | | | | | | — | | | | | | 会员 | | | | | | — | | |
Herbert W. Moloney III
|
| | | | 会员 | | | | | | 会员 | | | | | | 主席 | | | | | | 会员 | | |
Kevin D. Mowbray
|
| | | | — | | | | | | 会员 | | | | | | — | | | | | | — | | |
David T. Pearson
|
| | | | 会员 | | | | | | — | | | | | | — | | | | | | — | | |
Gregory P. Schermer
|
| | | | — | | | | | | — | | | | | | — | | | | | | 主席 | | |
(Dollars)
|
| |
Fees Earned
or Paid in Cash(1) |
| |
Value of
Stock Awards(3) |
| |
Total
|
| |||||||||
Richard R. Cole (2)
|
| | | | 18,333 | | | | | | — | | | | | | 18,333 | | |
Steven C. Fletcher
|
| | | | 100,000 | | | | | | 50,000 | | | | | | 150,000 | | |
Margaret R. Liberman
|
| | | | 100,000 | | | | | | 50,000 | | | | | | 150,000 | | |
Brent M. Magid
|
| | | | 115,000 | | | | | | 50,000 | | | | | | 165,000 | | |
William E. Mayer (2)
|
| | | | 16,667 | | | | | | — | | | | | | 16,667 | | |
Herbert W. Moloney III
|
| | | | 135,000 | | | | | | 50,000 | | | | | | 185,000 | | |
David T. Pearson
|
| | | | 100,000 | | | | | | 50,000 | | | | | | 150,000 | | |
Gregory P. Schermer
|
| | | | 108,333 | | | | | | 50,000 | | | | | | 158,333 | | |
Mary E. Junck
|
| | | | 250,000 | | | | | | 150,000 | | | | | | 400,000 | | |
受益人姓名和地址
|
| | | | |
Title of Class
|
| |
Shares of
Common Stock |
| |
Percent of
Class |
| ||||||
Cannell Capital, LLC(1) | | |
245 Meriwether Circle,
Alta, WY 83414 |
| |
Common Stock
|
| | | | 483,267 | | | | | | 8.23% | | |
Praetorian Capital Management LLC(2) | | |
330 Mangrove Thicket Blvd.,
Ponte Vedra,FL 32081 |
| |
Common Stock
|
| | | | 430,000 | | | | | | 7.32% | | |
战略投资机会有限责任公司(3)
|
| |
5990 Washington St.,
Denver, CO 80202 |
| |
Common Stock
|
| | | | 371,117 | | | | | | 6.32% | | |
Beneficial Owner(1)
|
| |
Shares of
Common Stock |
| |
Percent of
Class |
| ||||||
Ray G. Farris(2)
|
| | | | 22,716 | | | | | | * | | |
Steven C. Fletcher
|
| | | | 6,804 | | | | | | * | | |
Mary E. Junck(3)
|
| | | | 175,664 | | | | | | 3.0% | | |
Margaret R. Liberman
|
| | | | 5,804 | | | | | | * | | |
Brent M. Magid
|
| | | | 14,641 | | | | | | | | |
Timothy R. Millage
|
| | | | 21,817 | | | | | | | | |
Kevin D. Mowbray(2)
|
| | | | 110,316 | | | | | | 1.9% | | |
Herbert W. Moloney III
|
| | | | 15,978 | | | | | | * | | |
David T. Pearson
|
| | | | 4,804 | | | | | | * | | |
Gregory P. Schermer(4)
|
| | | | 140,781 | | | | | | 2.4% | | |
所有现任董事和高管(15人)(2)(3)(4)(5)
|
| | | | 602,443 | | | | | | 10.2% | | |
Plan Category
|
| |
Number of Securities to be
Issued Upon Exercise of Outstanding Options, Warrants and Rights (A)(1) |
| |
Weighted Average
Exercise Price of Outstanding Options, Warrants and Rights (Dollars) (B) |
| |
Number of Securities
Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Shares in column A)(2)(3) |
| |||||||||
股东批准的股权薪酬计划
|
| | | | 35,735 | | | | | | 11.40 | | | | | | 332,360 | | |
| Kevin D. Mowbray | | | 总裁兼首席执行官 | |
| Timothy R. Millage | | | 副总裁兼首席财务官兼财务主管 | |
| Ray G. Farris | | | 副总裁 -广告 | |
Name
|
| |
拟担任的职务或职位
|
| |
传记信息
|
|
Kevin D. Mowbray
|
| | 总裁兼首席执行官 | | |
莫布雷先生现年60岁,自2016年2月以来一直担任总裁兼首席执行官。在此之前,莫布雷先生于2015年4月至2016年2月担任执行副总裁兼首席运营官,于2013年5月至2015年4月担任副总裁兼首席运营官,于2006年至2013年5月担任《圣路易斯邮报》出版人,并于2004年至2013年5月担任 出版公司副总裁。莫布雷先生于1986年加入公司,曾在公司的销售、营销和报纸管理部门担任过多个职位,包括销售和营销副总裁以及密苏里人报的总经理。
|
|
Timothy R. Millage
|
| | 副总裁 -首席财务官兼财务主管 | | |
米拉奇先生,40岁,自2018年8月以来一直担任副总裁、首席财务官和财务主管。米拉奇先生于2012年至2018年担任本公司的公司控制人。在加入本公司之前,米拉奇先生曾在德勤律师事务所担任审计经理,并为多个行业的跨国客户工作过。
|
|
Nathan E. Bekke | | | 运营副总裁;负责消费者销售和营销的 副总裁 | | |
贝克先生现年52岁,自2015年2月以来一直担任 -消费者销售和营销副总裁。在此之前,贝克曾在2003年至2015年2月担任公司旗下报纸《卡斯珀星际论坛报》(Casper Star-Tribune)的出版人。贝克先生于1988年加入公司,并在公司的销售和营销职能部门担任过多个职位,包括担任比林斯公报和海伦娜独立唱片公司的销售和营销总监。
|
|
Ray G. Farris | | | 运营副总裁; 副总裁-广告 | | |
法里斯先生现年65岁,自2018年12月起担任 集团出版商副总裁。此前,Farris先生于2013年5月至2018年12月担任《圣路易斯邮报》总裁兼出版人,于2010年8月至2013年5月担任《圣路易斯邮报》总经理兼销售副总裁,于2006年10月至2010年8月担任《圣路易斯邮报》分类广告副总裁。
|
|
Astrid J. Garcia | | | 副总裁-人力资源和法律 | | |
加西亚女士现年71岁,自2013年以来一直担任 -人力资源和法律部副总裁。此前,加西亚曾在2006年12月至2013年期间担任《圣路易斯邮报》人力资源和运营副总裁。在加入本公司之前,加西亚女士曾担任出版业多家公司的高级人力资源专业人士和法律顾问。
|
|
Name
|
| |
拟担任的职务或职位
|
| |
传记信息
|
|
Joseph J. Battistoni
|
| | 副总裁-本地广告 | | |
巴蒂斯托尼先生现年39岁,自2020年1月以来一直担任 -本地广告副总裁。在此之前,Battistoni先生于2015年11月至2020年1月在《西北印第安纳时报》担任总经理兼销售和营销副总裁。Battistoni先生于2014年3月加入公司,担任泰晤士报数字总监。在加入公司之前,Battistoni先生受雇于论坛媒体公司,担任各种领导职位,涉及提供数字服务和目标媒体。
|
|
(Dollars)
|
| |
Total Accounting
Value of 2021 Grants |
| |
Accounting Charge
Recorded in 2021 for 2021 Grants |
| |
Accounting Charge
Recorded in 2021 for 2020, 2019, and 2018 Grants |
| |
Accounting Charge
to be Recorded in 2022-2024 for 2021 Grants |
| ||||||||||||
Kevin D. Mowbray
|
| | | | 168,000 | | | | | | 44,333 | | | | | | 271,500 | | | | | | 123,667 | | |
Timothy R. Millage
|
| | | | 56,000 | | | | | | 14,778 | | | | | | 55,111 | | | | | | 41,222 | | |
Ray G. Farris
|
| | | | 48,783 | | | | | | 12,873 | | | | | | 68,467 | | | | | | 35,910 | | |
(Dollars)
|
| |
Year
|
| |
Salary
|
| |
Stock
Awards(1) |
| |
Option
Awards (1) |
| |
Non-Equity
Incentive Plan Compensation(2) |
| |
All
Other Compensation(3)(4) |
| |
Total
|
| |||||||||||||||||||||
Kevin D. Mowbray
总裁兼首席执行官 |
| | | | 2021 | | | | | | 900,000 | | | | | | 168,000 | | | | | | — | | | | | | 1,083,595 | | | | | | 23,017 | | | | | | 2,174,611 | | |
| | | 2020 | | | | | | 837,692 | | | | | | 324,000 | | | | | | — | | | | | | — | | | | | | 16,823 | | | | | | 1,178,515 | | | ||
Timothy R. Millage
副总裁兼首席财务 Officer and Treasurer |
| | | | 2021 | | | | | | 450,000 | | | | | | 56,000 | | | | | | — | | | | | | 270,899 | | | | | | 12,829 | | | | | | 789,728 | | |
| | | 2020 | | | | | | 390,000 | | | | | | 87,480 | | | | | | — | | | | | | — | | | | | | 10,302 | | | | | | 487,782 | | | ||
Ray G. Farris
广告部副总裁 |
| | | | 2021 | | | | | | 490,000 | | | | | | 48,782 | | | | | | — | | | | | | 294,979 | | | | | | 11,676 | | | | | | 845,437 | | |
| | | 2020 | | | | | | 456,077 | | | | | | 55,080 | | | | | | — | | | | | | — | | | | | | 14,518 | | | | | | 525,675 | | |
(Dollars, Except Share Data)
|
| |
2021 Grant Date
|
| |
All Other Stock
Awards: Number of Shares of Stock |
| |
2021 Grant Date
Fair Value of Stock Awards |
| |||||||||
Kevin D. Mowbray
|
| | | | 12/11/2020 | | | | | | 15,000 | | | | | | 168,000 | | |
Timothy R. Millage
|
| | | | 12/11/2020 | | | | | | 5,000 | | | | | | 56,000 | | |
Ray G. Farris
|
| | | | 12/11/2020 | | | | | | 4,356 | | | | | | 48,783 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
受限普通股奖励
|
| |||||||||
| | |
Number of Securities
基础未行使期权 |
| |
Option Awards
|
| |
Number of
Shares of Stock That Have Not Vested |
| |
Market
Value of Shares of Stock That Have Not Vested |
| ||||||||||||||||||||||||
(Dollars, Except Share Data)
|
| |
Exercisable(1)
|
| |
Unexercisable(2)
|
| |
Exercise
Price |
| |
Expiration
Date |
| ||||||||||||||||||||||||
Kevin D. Mowbray | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2021 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 15,000 | | | | | | 356,100 | | |
2020 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | | 474,800 | | |
2019 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 22,500 | | | | | | 534,150 | | |
2012 Options
|
| | | | 8,000 | | | | | | — | | | | | | 11.30 | | | | | | 4/30/2022 | | | | | | | | | | | | | | |
Timothy R. Millage | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2021 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,000 | | | | | | 118,700 | | |
2020 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,400 | | | | | | 128,196 | | |
2019 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,780 | | | | | | 65,997 | | |
Ray G. Farris | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2021 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,356 | | | | | | 103,402 | | |
2020 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,400 | | | | | | 80,716 | | |
2019 Stock Award
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,150 | | | | | | 74,781 | | |
| | |
受限普通股
|
| |||||||||
(Dollars, Except Share Data)
|
| |
Number of
Shares Acquired on Vesting |
| |
Value Realized on
Vesting |
| ||||||
Kevin D. Mowbray
|
| | | | 22,500 | | | | | | 559,125 | | |
Timothy R. Millage
|
| | | | 2,780 | | | | | | 69,083 | | |
Ray G. Farris
|
| | | | 3,150 | | | | | | 78,278 | | |
(Dollars)
|
| |
NEO
Contributions(1) |
| |
Company
Contributions(2) |
| |
Aggregate
Earnings(3) |
| |
Distributions
|
| |
Aggregate
Balance at September 30, 2021(4) |
| |||||||||||||||
Kevin D. Mowbray
|
| | | | 43,041 | | | | | | 17,217 | | | | | | 67 | | | | | | — | | | | | | 484,237 | | |
Timothy R. Millage
|
| | | | 17,753 | | | | | | 7,029 | | | | | | 7,236 | | | | | | 2,962 | | | | | | 56,133 | | |
Ray G. Farris
|
| | | | 14,691 | | | | | | 5,876 | | | | | | 2,027 | | | | | | — | | | | | | 190,605 | | |
| CEO | | | 3倍年度基本工资和近期最高年度奖金 | |
| Vice Presidents | | | 1倍年度基本工资和近期最高年度奖金 | |
(Dollars)
|
| |
Estimated Net Present
Value of Change of Control Severance and Benefits |
| |||
Kevin D. Mowbray
|
| | | | 6,450,008 | | |
Timothy R. Millage
|
| | | | 1,011,447 | | |
Ray G. Farris
|
| | | | 1,090,793 | | |
(Dollars)
|
| |
2021
|
| |
2020
|
| ||||||
Audit fees
|
| | | | 1,650,000 | | | | | | 2,194,290 | | |
Audit-related fees
|
| | | | — | | | | | | — | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | — | | | | | | — | | |
| | | | | 1,650,000 | | | | | | 2,194,290 | | |
Name
|
| |
主营业务名称
|
| |
主要业务地址
|
|
Steven C. Fletcher | | | Explorer Parent LLC | | | 加利福尼亚州伯灵格姆机场大道533号,Suite400,邮编:94010 | |
Mary E. Junck | | | 李氏企业股份有限公司 | | |
4600 E. 53rd Street
Davenport, Iowa 52807 |
|
Margaret R. Liberman | | | Sirius XM Holdings Inc. | | |
1221 Avenue of the Americas
35th Floor New York, New York 10020 |
|
Brent M. Magid | | | Frank N.Magid Associates,Inc. | | |
诺曼代尔湖大道8500号
Suite 630 Minneapolis, Minnesota 55437 |
|
Herbert W. Moloney III | | | 李氏企业股份有限公司 | | |
4600 E. 53rd Street
Davenport, Iowa 52807 |
|
David T. Pearson | | | 李氏企业股份有限公司 | | |
4600 E. 53rd Street
Davenport, Iowa 52807 |
|
Gregory P. Schermer | | | 李氏企业股份有限公司 | | |
4600 E. 53rd Street
Davenport, Iowa 52807 |
|
Kevin D. Mowbray | | | 李氏企业股份有限公司 | | |
4600 E. 53rd Street
Davenport, Iowa 52807 |
|
Name
|
| |
Principal Occupation
|
|
Kevin D. Mowbray | | | 总裁兼首席执行官 | |
Timothy R. Millage | | | 副总裁兼首席财务官兼财务主管 | |
Name
|
| |
Transaction
Date |
| |
Number of
Securities |
| |
Transaction
Description |
| |||||||||
Steven C. Fletcher
|
| | | | 6/1/2020 | | | | | | 30,454 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
Mary E. Junck
|
| | | | 12/11/2020 | | | | | | 89,286 | | | | | | 2 | | |
| | | 12/10/2021 | | | | | | 4,998 | | | | | | 2 | | | ||
Margaret R. Liberman
|
| | | | 6/1/2020 | | | | | | 30,454 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
Brent M. Magid
|
| | | | 6/1/2020 | | | | | | 28,627 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
Herbert W. Moloney III
|
| | | | 6/1/2020 | | | | | | 26,191 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
David T. Pearson
|
| | | | 6/1/2020 | | | | | | 30,454 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
Gregory P. Schermer
|
| | | | 6/1/2020 | | | | | | 30,454 | | | | | | 2 | | |
| | | 6/1/2021 | | | | | | 1,758 | | | | | | 2 | | | ||
Kevin D. Mowbray
|
| | | | 12/9/2020 | | | | | | 60,700 | | | | | | 8 | | |
| | | 12/11/2020 | | | | | | 150,000 | | | | | | 7 | | | ||
| | | 12/7/2021 | | | | | | 6,829 | | | | | | 8 | | | ||
| | | 12/10/2021 | | | | | | 13,329 | | | | | | 7 | | | ||
Timothy R. Millage
|
| | | | 12/8/2020 | | | | | | 2,277 | | | | | | 8 | | |
| | | 12/11/2020 | | | | | | 50,000 | | | | | | 7 | | | ||
| | | 12/7/2021 | | | | | | 844 | | | | | | 8 | | | ||
| | | 12/10/2021 | | | | | | 8,331 | | | | | | 7 | | |
交易说明
|
| | | | |||
1 | | | Open Market Sale | | | ||
2 | | | 长期激励计划下非雇员董事年度限制性股票奖励 | | | ||
3 | | | 根据外部董事延期计划授予的延期股票单位 | | | ||
4 | | | 基于时间的限售股归属 | | | ||
5 | | | 基于业绩的限售股归属 | | | ||
6 | | | 基于时间的限制性股票单位授予 | | | ||
7 | | | 基于绩效的限制性股票单位授予 | | | ||
8 | | | 预扣税款 | | | ||
9 | | | 公开市场收购 | | |
交易说明
|
| | | | |||
10
|
| | Bona Fide Gift | | | ||
11
|
| | 股票期权行权 | | | ||
12
|
| | 普通股奖励取消 | | | ||
* | | | 家族信托持有的股份 | | |
(Thousands of Dollars)
|
| |
Amount
|
| |||
Net Income (loss)
|
| | | | 24,832 | | |
Adjusted to exclude | | | | | | | |
所得税费用(福利)
|
| | | | 7,215 | | |
营业外费用净额
|
| | | | 24,509 | | |
TNI和MNI的收益权益
|
| | | | (6,412) | | |
销售、减值和其他资产损失(收益)
|
| | | | 8,214 | | |
折旧摊销
|
| | | | 42,841 | | |
重组成本和其他
|
| | | | 7,182 | | |
Stock compensation
|
| | | | 854 | | |
Add | | | | | | | |
TNI and MNI Adjusted EBITDA (50%)
|
| | | | 7,317 | | |
预计调整后EBITDA
|
| | | | 116,552 | | |
(Thousands of Dollars)
|
| |
Amount
|
| |||
Operating expenses
|
| | | | 744,505 | | |
折旧摊销
|
| | | | 42,841 | | |
销售、减值和其他资产损失(收益)
|
| | | | 8,214 | | |
Total cash costs
|
| | | | 693,450 | | |
重组成本和其他
|
| | | | 7,182 | | |
总现金成本,不包括重组成本和其他
|
| | | | 686,268 | | |