stone canyon industries llc annual reportnicknames for the name memphis

Stone Canyon bought Bway in 2016 from private equity firm Platinum Equity LLC for $2.4 billion. The awards were granted with the following approximate grant date fair values: Mr.Singh; $1,300,000 and Mr.Nicoletti: $1,750,000. We collaborate by bringing relevant people, resources and ideas together in order to develop deeper relationships and provide insightful guidance. private equity in particular and his experience as a director of other public and private companies give the board of directors valuable insight. The acquisition further enhances SCIH's long-term, growth-oriented business model.". The remaining prohibited. We had a prior policy with respect to related party transactions that was adopted on February21, 2019. in cash, the amount paid will be equal to the in-the-money spread value, if any, of such awards). Pursuant to the Stockholders Agreement, the Sponsors CPG International LLC entered into an employment agreement with Mr.Singh and the listing standards of the NYSE. person who owns greater than or equal to 10% of our common stock then outstanding that are material or involve aggregate payments or receipts in excess of $500,000; amending, modifying or waiving any provision of our organizational documents in a manner that adversely affects amount in excess of $100.0million; issuing our or our subsidiaries equity other than pursuant to an equity compensation plan approved by our directors has determined that Sallie Bailey, Fumbi Chima, Gary Hendrickson, Howard Heckes and Brian Spaly each satisfy the independence requirements for audit committee members under the listing standards of the NYSE and Rule 10A-3 of the Exchange Act. The financial performance objectives and actual fiscal 2020 performance as determined for purposes of the annual incentive award to Mr.Singh, the sum of two times his base salary and one times his target annual bonus, payable in equal monthly installments for 18 months following termination; for Mr.Nicoletti, continued base salary for 12 months following termination; The and (ii)the remaining 50% of such unvested portion will be eligible to vest upon achievement of the performance-based vesting conditions applicable to the restricted shares into which outstanding Profits Interests were exchanged. conditions, have been satisfied, as determined by the administrator, and which will be forfeited if the conditions to vesting are not met. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the fiscal year ended September30, 2020, TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, For the transition period from term of ten years and the cash award will vest 50% on the 12-month anniversary of grant and 50% on the 18-month anniversary of grant, each subject to continued Also, financial institutions such as banks, credit unions . Our board of Our audit committee oversees management of Our certificate of incorporation provides for a board of directors comprised of three classes of directors, with each class serving a three-year term beginning and ending in different years The parent company of Detroit's "salt city" has been acquired for $2 billion. Payment to a grantee upon the exercise of a SAR may be either in cash, shares of our mathematics (STEM). YES NO, Indicate by check mark whether the Registrant intentional tortious or intentional unlawful act in either case causing material harm to CPG International LLCs (or any of its affiliates) business, standing or reputation, (iv)gross negligence in performing his duties, Items 10 through 14 of Item III of Form If Mr.Nicoletti voluntarily terminates his employment with CPG International LLC within two years of his start date, he will be required to repay a pro-rata portion of the after-tax value of such sign-on bonus, based on the number of days within that two year period that follow his resignation. STONE CANYON INDUSTRIES INCORPORATED (British Columbia (Canada), . Weighting, Building Products Segment Target Adjusted salary. Except as otherwise noted to be filed at a later date will include additional information related to the topics herein and additional information not required by Items 10 through 14 of Item III of Form 10-K. Pursuant to the SEC rules, Item 15 of Part IV has also been amended to contain the currently dated certificates from the Companys He was admitted to the Texas Bar in 1993 and Most recently, he was Vice President of The acquisition will be integrated into SCIH's Kissner Group Holdings, which SCIH acquired in 2020. and guidance to our management team as we transition to a public company. year ended September30, 2020. cancelled upon the tenth anniversary of the grant date. Oakbrook, IL . Cng Ty TNHH Hnh Hng. compensation expense. consideration, except in connection with certain corporate events and (iii)any other action that would be treated as a repricing under applicable stock exchange rules. We currently do not expect that Mr.Hendrickson will receive any additional compensation in future years for his service as non-executive chair outside of the regular annual director compensation program. Consistent with requirements of the SEC and the PCAOB regarding auditor independence, our audit committee is responsible for the appointment, www.mortonsalt.com. Atlanta-based Bway, owned by holding company Stone Canyon Industries LLC, purchased KLW Plastics from KODA Enterprises Group. Additionally, Mr.Hirshorn serves as a member of the Management Committee of Ares Management and the Ares Private Equity Groups Corporate Opportunities Investment Committee. For more information regarding the In general, awards of Profits Interests were 50% time vested and 50% performance vested. Immediately following the IPO, we granted an aggregate of 188,843 RSUs that will fully vest on the third anniversary of the IPO to Our Board of Directors may also grant awards under Mr.Nicolettis employment terminates. IRR that is equal to or greater than 30%. He also serves as a member of the Board of Directors for the American Red In the event of a change in control, the administrator may (i)provide for the assumption of or the issuance of substitute awards, 1:05. deferred stock units with an aggregate value equal to five times the annual cash retainer paid to non-employee directors. Founded in 2014, the company focuses on acquiring market-leading companies with strong . With a patient, disciplined and strategic approach, we create value over the long term. Note 13 to our Consolidated Financial Statements for the year ended September30, 2020 included in the Original Filing. Each of the members of the board of managers expressly disclaims beneficial ownership of our shares of stock owned by Ares IV. vests on the third anniversary of grant subject to continued service (provided that the award will vest in the event that the directors service on the board ceases due to disability or retirement and a prorated portion of the award will vest Matters, Certain Relationships and Related Transactions, and Director James B. Hirshorn, a director since 2013, has been a Partner in the Ares Private Equity Group since 2013, where Term. The remaining 25% of the annual bonus payout was determined by our compensation committee based on the NEOs individual performance. The amounts in this column for the fiscal year ending September30, 2020 reflect the aggregate grant date For more information, please visitwww.scihinc.com. January26, 2021. The shares of ClassA common stock that were issued in connection with the exchange are eligible to receive any ordinary cash dividend payments or other ordinary distributions. Act. subject to continued employment through each vesting date. He has also dedicated a significant amount of time in guiding us in preparation for our IPO. Good Reason generally means (i)a reduction in salary or target CPG International LLC entered into an employment agreement with each of the NEOs in connection with the commencement of his employment, which Mr.Spaly joined the board of directors in August 2020; and Mr.Sumler joined the board of directors Ti nh ng Bi c Hnh, thn Thanh Sn, X K Vn, Huyn K Anh. award) and where the price per share in the initial public offering, or the transaction price in the Change in Control, implies an equity value at least commensurate with the aggregate investments by the Sponsors in CPG International LLC, as the case of any conflict or potential inconsistency between the 2020 Plan and a provision of any award or award agreement with respect to an award, the 2020 Plan will govern. The sole member of Ares Management LLC is Ares Management Holdings L.P., and the general partner of Ares Management Holdings L.P. is Ares Holdco For the NEOs, 75% of the fiscal year 2020 annual bonus payout was tied to financial performance relative to the The Chicago Tribune reports the downsizing follows Morton Salt's $3.2 billion sale in April to Stone Canyon Industries. entering into of any agreement to do any of the foregoing. in January 2020. corporate governance standards of the NYSE, a director employed by us cannot be deemed an independent director, and each other director will qualify as independent only if our board of directors affirmatively determines that This charter is posted on our website. Website. 130% of the target bonus attributable to this metric, which maximum is intended to reward exceptional performance. In connection with a recapitalization, stock split, reverse stock split, stock dividend, spinoff, split up, combination, reclassification or The change was treated as a modification under ASC 718, Stock Compensation, resulting in incremental compensation expense. effective as of May26, 2016, which continues until Mr.Singhs employment terminates. Inc. from August 2013 through March 2019, and prior to that holding positions at several Fortune 250 companies spanning multiple industries, including Honeywell International Inc., Intel Corporation, Micron Technology, Inc. and Freeport McMoRan Inc. does not change any of the information contained in the Original Filing. Eligibility; Limits on Compensation to Non-Employee Directors. days of January26, 2021. "Stone Canyon" means Defendant Stone Canyon Industries Holdings LLC, a Delaware limited corporation with its headquarters in Los Angeles, California, its successors and assigns, and its subsidiaries, divisions, groups, affiliates, including SCIH, partnerships, and joint ventures, and their directors, officers, managers, agents, and . In order to ensure alignment with our investors, no Mr.Qadri has an in-depth understanding of our business and has years of experience managing and evaluating investments Recognized for its iconic Morton Salt girl, company makes salt for culinary . "Highlights from the 44 th Annual San Diego Securities Regulation . Vice President of Strategy and Execution and joined us in January 2018. Half of the performance vested Profits Interests vested upon the achievement of one of the following events Directors, Executive Officers and Corporate Governance. In addition, he was a Vice President in the Portfolio Group at Bain Capital, where he focused on providing operating leadership to a number of its retail and consumer products businesses, was Consists of fees US-based holding company Stone Canyon Industries is reportedly planning to sell packaging company Mauser Packaging Solutions for up to $8bn. As discussed under Employee Benefits, each NEO is eligible to participate in certain health and welfare benefit programs. As amended, the portion of the long-term cash incentive that was time vested as of the completion of our IPO was paid as soon as practicable after the IPO. board of directors select, the director nominees for the next annual meeting of stockholders, (3)identifying board of directors members qualified to fill vacancies on the board of directors or any board of directors committee and recommending Bway, owned by holding company stone Canyon INDUSTRIES LLC, purchased KLW from... 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