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DATE:
Thursday, June 4, 2020 |
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TIME:
11:00 A.M. Eastern Time |
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PLACE:
via the internet www.virtualshareholdermeeting.com/SDC2020 |
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Name
|
| |
Class
|
| |
Age
|
| |
Position
|
|
David Katzman | | |
I
|
| |
60
|
| | Chief Executive Officer and Chairman | |
Steven Katzman | | |
III
|
| |
56
|
| | Chief Operating Officer and Director | |
Jordan Katzman | | |
III
|
| |
30
|
| | Co-Founder and Director | |
Alexander Fenkell | | |
II
|
| |
30
|
| | Co-Founder and Director | |
Susan Greenspon Rammelt | | |
I
|
| |
55
|
| | Chief Legal Officer, EVP Business Relations, Secretary, and Director | |
Richard J. Schnall | | |
I
|
| |
50
|
| | Director | |
Dr. William H. Frist | | |
II
|
| |
67
|
| | Director | |
Carol J. Hamilton | | |
III
|
| |
67
|
| | Director | |
Richard F. Wallman | | |
II
|
| |
68
|
| | Director | |
| | |
Audit Committee
|
| |
Compensation
Committee |
| |
Nominating and
Corporate Governance Committee |
| |||||||||
Alexander Fenkell
|
| | | | | | | | | | X | | | | | | | | |
Senator William H. Frist, M.D
|
| | | | X | | | | | | | | | | | | X | | |
Carol J. Hamilton
|
| | | | | | | | | | | | | | | | X | | |
David Katzman
|
| | | | | | | | | | X | | | | | | X | | |
Steven Katzman
|
| | | | | | | | | | | | | | | | X | | |
Rick Schnall
|
| | | | X | | | | | | | | | | | | | | |
Richard F. Wallman
|
| | | | X | | | | | | X | | | | | | | | |
Name(a)(b)
|
| |
Fees earned or
paid in cash ($) |
| |
Stock
awards ($) |
| |
Option
awards ($) |
| |
Non-equity
incentive plan compensation ($) |
| |
Nonqualified
deferred compensation earnings ($) |
| |
All other
compensation ($) |
| |
Total
($) |
| |||||||||||||||||||||
Dr. William H. Frist
|
| | | | 150,000 | | | | | | 849,988 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 999,988 | | |
Carol J. Hamilton
|
| | | | — | | | | | | 299,989 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 299,989 | | |
Richard F. Wallman
|
| | | | — | | | | | | 299,989 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 299,989 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($)(a) |
| |
Stock
Awards ($)(b) |
| |
Option
Awards ($)(c) |
| |
All Other
Compensation ($)(d) |
| |
Total
($) |
| |||||||||||||||||||||
David Katzman(e)
Chief Executive Officer |
| | | | 2019 | | | | | | 269,231 | | | | | | 304,110 | | | | | | 2,499,985 | | | | | | 3,355,425 | | | | | | 201,761 | | | | | | 6,630,512 | | |
| | | 2018 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 246,000 | | | | | | 246,000 | | | ||
Steven Katzman(f)
Chief Operating Officer |
| | | | 2019 | | | | | | 453,846 | | | | | | 5,322,407 | | | | | | 999,994 | | | | | | 1,393,035 | | | | | | 141,210 | | | | | | 8,310,492 | | |
| | | 2018 | | | | | | 302,544 | | | | | | 178,507 | | | | | | — | | | | | | — | | | | | | 185,479 | | | | | | 666,530 | | | ||
Kyle Wailes(g)
Chief Financial Officer |
| | | | 2019 | | | | | | 474,692 | | | | | | 248,425 | | | | | | 19,388,317 | | | | | | 1,393,035 | | | | | | 923 | | | | | | 21,505,435 | | |
| | | 2018 | | | | | | 230,769 | | | | | | 122,800 | | | | | | — | | | | | | — | | | | | | — | | | | | | 353,569 | | |
NEO
|
| |
2019 Annual Base Salary
|
| |||
David Katzman
|
| | | $ | 1,000,000 | | |
Steven Katzman
|
| | | $ | 600,000 | | |
Kyle Wailes
|
| | | $ | 600,000 | | |
NEO
|
| |
Target Annual Bonus
(% of annual base salary) |
| |
Maximum Annual Bonus
(% of annual base salary) |
| ||||||
David Katzman
|
| | | | 100% | | | | | | 100% | | |
Steven Katzman
|
| | | | 50% | | | | | | 50% | | |
Kyle Wailes
|
| | | | 50% | | | | | | 50% | | |
NEO
|
| |
2019 Annual Bonus
|
| |||
David Katzman
|
| | | $ | 304,110 | | |
Steven Katzman
|
| | | $ | 231,233 | | |
Kyle Wailes
|
| | | $ | 248,425 | | |
| | | | | |
Option Awards
|
| |
Stock Awards
|
| |||||||||||||||||||||||||||||||||
Name
|
| |
Grant Date
|
| |
Equity
incentive Plan awards: number of securities underlying unexercised unearned options (#) |
| |
Option
exercise price ($) |
| |
Option
expiration date |
| |
Number
of shares or units of stock that have not vested (#) |
| |
Market
value of shares or units of stock that have not vested ($) |
| |
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 ($)(a) |
| ||||||||||||||||||
David Katzman
|
| |
September 16, 2019(b)
|
| | | | — | | | | | | — | | | |
—
|
| | | | — | | | | | | — | | | | | | 108,695 | | | | | | 949,994 | | |
|
September 11, 2019(b)
|
| | | | 326,086 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Steven Katzman
|
| |
September 16, 2019(c)
|
| | | | — | | | | | | — | | | |
—
|
| | | | — | | | | | | — | | | | | | 43,478 | | | | | | 379,998 | | |
|
September 11, 2019(c)
|
| | | | 130,434 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | | | | | | | | | | | | | | | | | | | | | | ||
| March 31, 2017(d)(e) | | | | | | | | | | | | | | | | | | | | 2,202,561 | | | | | | 30,630,696 | | | | | | | | | | | | | | | ||
Kyle Wailes
|
| |
September 16, 2019(f)
|
| | | | — | | | | | | — | | | |
—
|
| | | | — | | | | | | — | | | | | | 143,498 | | | | | | 1,254,173 | | |
|
September 16, 2019(c)
|
| | | | — | | | | | | — | | | | — | | | | | — | | | | | | — | | | | | | 43,478 | | | | | | 379,998 | | | ||
|
September 11, 2019(c)
|
| | | | 130,434 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | |
2019
|
| |
2018
|
| ||||||
Audit fees
|
| | | $ | 3,073,721 | | | | | $ | 181,975 | | |
Audit-related fees
|
| | | | — | | | | | | — | | |
Tax fees
|
| | | | — | | | | | | — | | |
All other fees
|
| | | | 2,745 | | | | | | — | | |
Total
|
| | | $ | 3,076,466 | | | | | $ | 181,975 | | |
| | |
Class A
common stock beneficially owned(a)(b) |
| |
Class B
common stock beneficially owned(a)(b) |
| |
Combined
Voting Power(a) |
| |||||||||||||||||||||
Name of beneficial owner
|
| |
Number
|
| |
%
|
| |
Number
|
| |
%
|
| |
%
|
| |||||||||||||||
5% Stockholders | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CD&R SDC Holdings, L.P(c).
|
| | | | 26,903,167 | | | | | | 24.79% | | | | | | — | | | | | | | | | | | | * | | |
Directors and Named Executive Officers | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
David Katzman(d)(e)
|
| | | | — | | | | | | | | | | | | 87,062,422 | | | | | | 31.49% | | | | | | 30.30% | | |
Jordan Katzman(d)(f)
|
| | | | — | | | | | | | | | | | | 69,038,866 | | | | | | 24.97% | | | | | | 24.03% | | |
Alexander Fenkell(d)(g)
|
| | | | — | | | | | | | | | | | | 63,046,706 | | | | | | 22.81% | | | | | | 21.94% | | |
Steven Katzman(d)(h)
|
| | | | — | | | | | | | | | | | | 34,447,263 | | | | | | 12.46% | | | | | | 11.99% | | |
Richard J. Schnall
|
| | | | — | | | | | | | | | | | | — | | | | | | | | | | | | | | |
William H. Frist
|
| | | | — | | | | | | | | | | | | — | | | | | | | | | | | | | | |
Carol J. Hamilton
|
| | | | — | | | | | | | | | | | | — | | | | | | | | | | | | | | |
Richard F. Wallman
|
| | | | 34,000 | | | | | | * | | | | | | — | | | | | | | | | | | | * | | |
Kyle Wailes(i)
|
| | | | 300,663 | | | | | | * | | | | | | — | | | | | | | | | | | | * | | |
| | |
Class A
common stock beneficially owned(a)(b) |
| |
Class B
common stock beneficially owned(a)(b) |
| |
Combined
Voting Power(a) |
| |||||||||||||||||||||
Name of beneficial owner
|
| |
Number
|
| |
%
|
| |
Number
|
| |
%
|
| |
%
|
| |||||||||||||||
Susan Greenspon Rammelt(j)
|
| | | | — | | | | | | | | | | | | 278,423 | | | | | | * | | | | | | * | | |
Kay Oswald(k)
|
| | | | 47,129 | | | | | | * | | | | | | — | | | | | | | | | | | | * | | |
All executive officers and directors as a group (11 persons)
|
| | | | 373,792 | | | | | | * | | | | | | 253,873,680 | | | | | | 91.83% | | | | | | 88.38% | | |