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| | | | | A-1 | | |
Name
|
| |
Age
|
| |
Principal Occupation
|
| |
Director
Since |
|
Robert J. Eide(1)(2)(3)
|
| |
66
|
| | Chairman and Chief Executive Officer — Aegis Capital Corp. | | |
1987
|
|
Eric Gatoff | | |
50
|
| | Chief Executive Officer — Nathan’s Famous, Inc. | | |
2005
|
|
Brian S. Genson(1)(2)(3)
|
| |
70
|
| | President — F1Collectors.com | | |
1999
|
|
Barry Leistner(1)(2)
|
| |
68
|
| |
President and Chief Executive Officer — Koenig Iron Works, Inc.
|
| |
1989
|
|
Howard M. Lorber | | |
70
|
| | President and Chief Executive Officer — Vector Group Ltd., Executive Chairman of the Board — Nathan’s Famous, Inc. | | |
1987
|
|
Wayne Norbitz | | |
71
|
| | Former President, Chief Operating Officer — Nathan’s Famous, Inc. | | |
1989
|
|
A. F. Petrocelli(3) | | |
75
|
| | Chief Executive Officer and Chairman of the Board - United Capital Corp. | | |
1993
|
|
Charles Raich(3) | | |
76
|
| | Founding Partner (Retired) — Raich Ende Malter & Co., LLP | | |
2004
|
|
Plan Category
|
| |
Number of securities
to be issued upon exercise of outstanding options and warrants (a) |
| |
Weighted-average
exercise price of outstanding options and warrants (b) |
| |
Number of securities
remaining available for future issuance under equity compensation plans (excluding securities reflected in column a) (c) |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | 42,234 | | | | | $ | 46.807 | | | | | | 208,584 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 42,234 | | | | | $ | 46.807 | | | | | | 208,584 | | |
| | |
2019
|
| |
2018
|
| ||||||
Audit Fees(1)
|
| | | $ | 315,000 | | | | | $ | 465,000 | | |
Audit-Related Fees(2)
|
| | | | 0 | | | | | | 0 | | |
Tax Fees(3)
|
| | | | 0 | | | | | | 0 | | |
All Other Fees(4)
|
| | | | 0 | | | | | | 0 | | |
Name and Address(1)
|
| |
Amount and
Nature of Beneficial Ownership(2) |
| |
Percent of
Class* |
| ||||||
NEOs and Directors | | | | ||||||||||
Howard M. Lorber
|
| | | | 980,156(3) | | | | | | 23.2% | | |
A. F. Petrocelli
|
| | | | 116,707 | | | | | | 2.8% | | |
Robert J. Eide
|
| | | | 267,779(4) | | | | | | 6.3% | | |
Eric Gatoff
|
| | | | 78,752 | | | | | | 1.9% | | |
Ronald G. DeVos
|
| | | | 13,709 | | | | | | ** | | |
Brian S. Genson
|
| | | | 20,942 | | | | | | ** | | |
Charles Raich
|
| | | | 45,920 | | | | | | 1.1% | | |
Barry Leistner
|
| | | | 44,904 | | | | | | 1.1% | | |
Wayne Norbitz
|
| | | | — | | | | | | — | | |
Directors and executive officers as a group (12 persons)
|
| | | | 1,343,014(5) | | | | | | 31.8% | | |
Principal Stockholders | | | | ||||||||||
GAMCO Investors, Inc. et al.(6)
|
| | | | 462,910 | | | | | | 11.0% | | |
Renaissance Technologies LLC(7)
|
| | | | 262,800 | | | | | | 6.2% | | |
Dimensional Fund Advisors LP(8)
|
| | | | 218,242 | | | | | | 5.2% | | |
Name
|
| |
Age
|
| |
Position with the Company
|
|
Eric Gatoff | | |
50
|
| | Chief Executive Officer | |
Ronald G. DeVos | | |
64
|
| |
Vice President Finance, Chief Financial Officer and Secretary
|
|
Howard M. Lorber | | |
70
|
| | Executive Chairman of the Board | |
James Walker* | | |
51
|
| | Senior Vice President, Restaurants | |
Leigh Platte* | | |
60
|
| | Senior Vice President, Food Service | |
Donald P. Schedler* | | |
66
|
| | Vice President Development, Architecture and Construction | |
Name and Principal Position
|
| |
Year(1)
|
| |
Salary(1)
($) |
| |
Bonus
($) |
| |
Stock
Award ($) |
| |
Option
Award(2) ($) |
| |
Non-Equity
Incentive Plan Compensation(3) ($) |
| |
Change in
Pension Value and Nonqualified Deferred Compensation Earnings ($) |
| |
All Other
Compensation(2) ($) |
| |
Total
($) |
| |||||||||||||||||||||||||||
Eric Gatoff
Chief Executive Officer |
| | | | 2019 | | | | | $ | 509,616 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 754,544 | | | | | $ | 49,713 | | | | | $ | 1,313,873 | | | | |||||
| | | 2018 | | | | | $ | 500,000 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 618,921 | | | | | | — | | | | | $ | 45,663 | | | | | $ | 1,164,584 | | | ||
| | | 2017 | | | | | $ | 483,895 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 664,807 | | | | | | — | | | | | $ | 47,340 | | | | | $ | 1,196,042 | | | ||
Ronald G. DeVos
Vice President – Finance and Chief Financial Officer |
| | | | 2019 | | | | | $ | 203,846 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 198,707 | | | | | | — | | | | | $ | 39,368 | | | | | $ | 441,921 | | |
| | | 2018 | | | | | $ | 200,000 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 189,797 | | | | | | — | | | | | $ | 45,681 | | | | | $ | 435,478 | | | ||
| | | 2017 | | | | | $ | 200,000 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 185,224 | | | | | | — | | | | | $ | 42,289 | | | | | $ | 427,513 | | | ||
Howard M. Lorber
Executive Chairman of the Board |
| | | | 2019 | | | | | $ | 1,000,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 16,430 | | | | | $ | 1,016,430 | | |
| | | 2018 | | | | | $ | 700,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 16,426 | | | | | $ | 716,426 | | | ||
| | | 2017 | | | | | $ | 600,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 16,416 | | | | | $ | 616,416 | | |
Name
|
| |
Company
Matched 401(k) Contributions ($)(1) |
| |
Insurance
Premiums ($)(2) |
| |
Mobile
Telephone Payments ($) |
| |
Auto
Allowance/Expense Reimbursement ($) |
| |
Total All Other
Compensation ($) |
| |||||||||||||||
Eric Gatoff
|
| | | $ | 2,097 | | | | | $ | 26,999 | | | | | $ | 2,072 | | | | | $ | 18,545 | | | | | $ | 49,713 | | |
Ronald G. DeVos
|
| | | $ | 2,054 | | | | | $ | 22,167 | | | | | $ | 1,607 | | | | | $ | 13,540 | | | | | $ | 39,368 | | |
Howard M. Lorber
|
| | | $ | 0 | | | | | $ | 1,430 | | | | | $ | 0 | | | | | $ | 15,000 | | | | | $ | 16,430 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date(1) |
| |
Number of
Shares of Units of Stock That Have Not Vested (#) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested ($) |
| |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested ($) |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) |
| ||||||||||||||||||||||||
Eric Gatoff
Chief Executive Officer |
| | | | 0 | | | | | | 0 | | | | | $ | — | | | | | | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | | — | | |
Ronald G. DeVos
Vice President – Finance and Chief Financial Officer |
| | | | 0 | | | | | | 0 | | | | | $ | — | | | | | | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | | — | | |
Howard M. Lorber
Executive Chairman of the Board |
| | | | 0 | | | | | | 0 | | | | | $ | — | | | | | | — | | | | | | — | | | | | $ | — | | | | | | — | | | | | | — | | |
| | |
Options Awarded
|
| |
Stock Awarded
|
| ||||||||||||||||||
Name
|
| |
Number of
Shares Acquired on Exercise (#) |
| |
Value
Realized on Exercise ($) |
| |
Number of
Shares Acquired on Vesting (#) |
| |
Value
Realized on Vesting ($) |
| ||||||||||||
Eric Gatoff
Chief Executive Officer |
| | | | — | | | | | | — | | | | | | 5,000 | | | | | $ | 583,750(1) | | |
Ronald G. DeVos
Vice President – Finance and Chief Financial Officer |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Howard M. Lorber
Executive Chairman of the Board |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Eric Gatoff
|
| ||||||||||||||||||||||||||||||
| | |
Termination
by Company without Cause or by Named Executive Officer with Good Reason |
| |
Death
|
| |
Termination
by Company of Named Executive Officer due to Disability |
| |
Termination
by Company for Cause or Voluntary Termination by Named Executive Officer Without Good Reason |
| |
Termination
by Company without Cause or by Named Executive Officer with Good Reason upon a Change in Control |
| |||||||||||||||
Cash Severance(1)
|
| | | $ | 400,000 | | | | | $ | 1,154,544 | | | | | $ | 1,154,544 | | | | | $ | 25,000 | | | | | $ | 1,279,544 | | |
Value of Accelerated Unvested Equity
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Benefits Continuation
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Ronald DeVos
|
| ||||||||||||||||||||||||||||||
| | |
Termination
by Company without Cause or by Named Executive Officer with Good Reason |
| |
Death
|
| |
Termination
by Company of Named Executive Officer due to Disability |
| |
Termination
by Company for Cause or Voluntary Termination by Named Executive Officer Without Good Reason |
| |
Termination
by Company without Cause or by Named Executive Officer with Good Reason upon a Change in Control |
| |||||||||||||||
Cash Severance(1)
|
| | | $ | 20,000 | | | | | $ | 20,000 | | | | | $ | 20,000 | | | | | $ | 20,000 | | | | | $ | 20,000 | | |
Value of Accelerated Unvested Equity
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Howard Lorber
|
| ||||||||||||||||||||||||||||||
| | |
Termination
by Company without Cause or by Named Executive Officer with Good Reason |
| |
Death
|
| |
Termination
by Company of Named Executive Officer due to Disability |
| |
Termination
by Company for Cause or Voluntary Termination by Named Executive Officer Without Good Reason |
| |
Termination
by Company without Cause or by Named Executive Officer with Good Reason upon a Change in Control |
| |||||||||||||||
Cash Severance
|
| | | $ | 4,350,000 | | | | | $ | 3,000,000 | | | | | $ | 3,000,000 | | | | | | — | | | | | $ | 2,990,000 | | |
Value of Accelerated Unvested Equity
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Benefits Continuation
|
| | | $ | 61,598 | | | | | $ | 49,278 | | | | | $ | 49,278 | | | | | | — | | | | | $ | 110,876 | | |
Excise Tax and Gross-Up
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Plan Category
|
| |
Number of securities
to be issued upon exercise of outstanding options and warrants (a) |
| |
Weighted-average
exercise price of outstanding options and warrants (b) |
| |
Number of securities
remaining available for future issuance under equity compensation plans (excluding securities reflected in column a) (c) |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | 42,234 | | | | | $ | 46.807 | | | | | | 208,584 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 42,234 | | | | | $ | 46.807 | | | | | | 208,584 | | |
Name of Plan
|
| |
Shares Issuable
for Exercisable Options |
| |
Average
Exercise Prices of Outstanding Options |
| |
Shares
Available for Grant |
| |||||||||
2010 Stock Incentive Plan
|
| | | | 42,234 | | | | | $ | 46.807 | | | | | | 208,584 | | |
Name
|
| |
Fees
Earned or Paid in Cash ($) |
| |
Stock
Awards (%) |
| |
Option
Awards ($) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
Change in
Pension Value and Nonqualified Deferred Compensation Earnings ($) |
| |
All
Other Compensation ($) |
| |
Total
($) |
| |||||||||||||||||||||
Robert J. Eide
|
| | | $ | 35,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 35,000 | | |
Brian S. Genson
|
| | | $ | 37,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 37,000 | | |
Barry Leistner
|
| | | $ | 36,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 36,000 | | |
A.F. Petrocelli
|
| | | $ | 26,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 26,000 | | |
Charles Raich
|
| | | $ | 27,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 27,000 | | |
Wayne Norbitz
|
| | | $ | 27,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | | | | | | $ | 27,000 | | |
Name
|
| |
Outstanding
Stock Options |
| |||
Robert J. Eide
|
| | | | 0 | | |
Brian S. Genson
|
| | | | 0 | | |
Barry Leistner
|
| | | | 16,117 | | |
A.F. Petrocelli
|
| | | | 0 | | |
Charles Raich
|
| | | | 16,117 | | |
Wayne Norbitz
|
| | | | 0 | | |