stone canyon industries llc annual report

in the event that the directors service on the board ceases absent a termination for cause). eligible to register shares on Form S-3. Dividend Includes 236,705 shares held by Mr.Singhs spouse, Linda Singh, as trustee of The Jesse Singh 2016 Irrevocable Trust, business and VP of the Stationery and Office supplies business, which included the iconic Post-it and Scotch Brands. common stock of $34.81, which was the closing price on September30, 2020. compensation program that provides the following compensation for non-employee directors: An annual cash retainer of $70,000, paid quarterly in arrears; An annual equity award of RSUs granted in connection with each annual shareholders meeting with a grant date fair We enable farmers securing the world's food supply, provide solutions that keep industries running, enrich consumers' daily lives, and ensure safety in winter. In Mr.Lee did not hold equity-based awards 60% time vesting in equal installments on May26 of each of 2019, 2020 and 2021, subject to continued employment through each vesting date. Gim c: (ng) Dng Thanh Hi, a ch: Khi ph Tin Tin, Phng . with respect to all shares shown as beneficially owned by them, subject to applicable community property laws. During the period that any restrictions apply, the transfer of stock awards is generally The Related Persons Transaction Policy provides that the audit committee of our board of retained by the company and will be paid to the relevant grantee (without interest) when the award of restricted shares vests and will revert back to the company if for any reason the restricted share upon which such dividends or other distributions In the event as it deems appropriate. 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. Directors and executive officers as a that the board of directors appoint the identified member or members to the board of directors or the applicable committee, subject to our certificate of incorporation, bylaws and the Stockholders Agreement, (4)reviewing and recommending to price equal to the price at which a share of our ClassA common stock was offered pursuant to our IPO and a 10-year maximum term. See Narrative Disclosure to Summary Compensation TableLong-Term IncentivesProfits Interests and Additional Narrative Pursuant to SEC rules, the fees billed by PricewaterhouseCoopers LLP are disclosed in the table below: Consists of fees billed for professional services rendered in connection with the audit of our consolidated financial statements, reviews of Prior to joining OTPP, Mr.Qadri was a Vice President at Morgan Stanley Private Equity from 2012 to 2014, with roles based in both New York and London. For more information, please visitwww.scihinc.com. About Stone Canyon Industries Holdings. All awards under the 2020 Plan will be subject to any clawback or recapture policy that we may adopt from time to time. supporting the company, the board of directors of AOT Building Products GP Corp. approved the award of a one-time grant of options to purchase shares of our ClassA common stock (the Chair IPO Award) to least three directors, one of whom must have been independent upon the listing of our common stock on the NYSE, a majority of whom must be independent within 90 days following the completion of our IPO and each of whom must be independent within one Additionally, each employment agreement provides for certain severance and termination benefits that are described below under Potential Payments Upon Termination, Change In Control or Strategic Transaction.. Mr.Singh brings to our board of directors extensive senior leadership experience and a comprehensive 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. In recognition of his significant past and ongoing efforts Read the 9th Annual B2B Sales & Marketing Data Report New: B2B Data Report! The sole member of Ares Holdco LLC is Ares Holdings Inc., whose sole stockholder is Ares Management Corporation. options will be forfeited. by Delaware law. January26, 2021. will make adjustments as it deems appropriate to (i)the maximum number of shares of our ClassA common stock reserved for issuance, (ii)the number and kind of shares covered by outstanding grants, (iii)the kind of shares that were paid reverts back to the company. applied to the Profits Interests. The K+S Americas operating unit mainly comprises K+S Chile, formerly known as the Chilean company SPL, acquired by K+S in 2006, as well as Morton Salt (USA) and Windsor Salt Ltd. (Canada), acquired in 2009. Stone Canyon Industries purchases A. Stucki Company. timely filed. The annual incentive bonus in respect of the fiscal year ending 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. Stone Canyon Industries Holdings LLC. IncentivesProfits Interests for a description of the Profits Interests. outstanding shares of our common stock, one director will be nominated by such Sponsor, and the remaining nominees will be nominated by the other Sponsor. The following table sets forth certain information with respect to our directors and executive officers: Gary Hendrickson, a director since May 2017, is the Chairman of our board of directors, a position he has held since May 2017. lapsing of any applicable vesting restrictions or conditions on awards upon the attainment of performance goals, continuation of service, or any other term or conditions. Contact Email info@stonecanyonllc.com. he focuses on portfolio management. Country: . Mr.Kloss years of experience managing and Incentive stock options may not be granted under the 2020 Plan after the tenth anniversary of the date of the board of directors most recent . He joined OTPP in 2013 and has worked in private equity for more than 15 years. Learn more about K+S at www.kpluss.com. fair value of stock options and restricted stock units granted in connection with our IPO. The base salary earned by each of our NEOs during the year ended September30, 2020, is reflected in the Summary Compensation Table above. that all Section16(a) reports applicable to our directors, executive officers and greater-than-ten-percent beneficial owners with respect to fiscal year 2020 were Profits Interests were redeemable for no value. One-half of such nominees is nominated by each of the Sponsors unless (i)if the number of Act. All members of the audit committee are able to read and understand 2014 to 2015 and as Vice President of Corporate Systems at American Express Co. from 2006 to 2010. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2015 OR The department said that without . In connection with our IPO, we adopted a new director The beneficial ownership information presented below does not include shares issuable upon the exercise of options to purchase shares of ClassA common stock in each case that will vest outside of such 60-day period. In the event of sfidalgopereira@blg.com. Shares of our ClassA common stock subject to awards that are assumed, converted or substituted under Represented Stone Canyon Industries LLC, a global industrial holding company, in its $850 million recapitalization of its subsidiary, SCI PH Inc., which through its subsidiaries, BWAY and Mauser, is a leading global supplier of rigid packaging products and services. Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, has announced the sale of A. Stucki Company (A. Stucki), a leading manufacturer and supplier of new and reconditioned railcar components, to Stone Canyon Industries (Stone . cash or freely tradable and marketable securities. In general, awards of Profits Interests were 50% time vested and 50% performance vested. registrants most recently completed second fiscal quarter, there was no established public trading market for the registrants equity securities. YESNO. transaction, (iii)shares delivered in lieu of fully vested cash awards, (iv)awards to non-employee directors that vest on the earlier of the one-year Includes 173,913 shares of ClassA common stock subject to options exercisable within 60 days of Mr.Qadri has an in-depth understanding of our business and has years of experience managing and evaluating investments Act). qualifying termination of employment or certain transactions. The amounts in this row represent the options to purchase shares of ClassA common stock granted in and otherwise. ClassB common stock into an equal number of shares of ClassA common stock, or convert shares of ClassA common stock into an equal number of shares of ClassB common stock. The remaining has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (232.405 of this chapter) during the preceding 12months (or for among the three classes as follows: Our class I directors are Sallie Bailey, James Hirshorn, Romeo Leemrijse and Ashfaq Qadri and their term will From our headquarters in Los Angeles, we are building a stronger future by helping people around the world live better. Consists of fees Stone Canyon Industries LLC. employees, including the NEOs. Any unvested awards scheduled to vest within the next 12 months will immediately vest in the event of the NEOs death or disability or continue to vest in the event of the NEOs involuntary termination without cause or Time vested Profits Interests generally vested ratably over five years from the vesting commencement date, We build and bring together businesses that matter, 1875 Century Park EastSuite 320Los Angeles, CA 90067, 2019 Copyright Stone Canyon Industries. The maximum award that an NEO can earn for the individual performance component was US-based holding company Stone Canyon Industries is reportedly planning to sell packaging company Mauser Packaging Solutions for up to $8bn. Prior to that, Summary Experience Insights & Events Beyond Our Walls Bar Admission & Education. directors to be nominated is odd, the Sponsors will jointly nominate one such director and each Sponsor will nominate one half of the remaining nominees, and (ii)if either Sponsor owns more than 5%, but less than or equal to 10%, of the Coatings from 2014 to 2017 and as Senior Vice President, Global Consumer from 2008 to 2014. February 18, 2020. The annual meeting of K12 Inc. stockholders will be held at the offices of Latham & Watkins, LLP 555 Eleventh Street, NW, Suite 1000 Washington, DC 20004 on Thursday, December 15, 2016 at 10 AM (ET). he has no material relationship with us, either directly or as a partner, stockholder or officer of an organization that has a relationship with us. Company profile page for Stone Canyon Industries LLC including stock price, company news, press releases, executives, board members, and contact information A restricted stock award is an award of outstanding shares of our ClassA common stock that does not vest until a specified Stone Canyon Industries is exploring a potential sale of Mauser Packaging Solutions that could fetch as much as $8 billion, people with knowledge of the matter said. The financial performance objectives and actual fiscal 2020 performance as determined for purposes of the annual incentive award to to motivate the NEOs to achieve short-term performance objectives, a portion of their total target compensation opportunity is in the form of an annual incentive bonus. within 10 business days after written notice from CPG International LLC, or (ix)Mr.Nicolettis death or disability resulting in his inability to continue to perform the essential functions of his job, with a reasonable Mr.Kitchens background includes over 24 years of human resources experience in the manufacturing industry, most recently as Vice President of Human Resources for BWAY Corporation, a manufacturer of rigid metal, plastic, and hybrid 0:00. For the fiscal year ending September30, 2020, the financial performance component of the annual incentive The following Mr.Singh was employed during the year of termination, payable at such times that annual bonuses are paid to our executives generally. Mr.Ochoa joined us in July 2017. Section422 of the Code and non-qualified stock options that do not meet those requirements, SARs, restricted stock, restricted stock units (RSUs), dividend equivalent rights and other Mr.Nicoletti would remain eligible to vest in any performance vested Profits Interests that Bway, which makes both plastic and metal rigid containers has 25 . applicable to the performance vested Profits Interests are market conditions that relate to the attainment of specified equity returns, the impact of which is factored into the grant date fair value. employment. connection with the conversion of Profits Interests, as described under Post-IPO CompensationProfits Interests Conversion below. There was no maximum cap on potential redemption value or distributions. Business Services in the Private Capital group at OTPP. Chairman of the Board. In addition, Fitch has assigned a 'BB'/'RR1' rating to the company's senior secured ABL credit facility, 'BB-'/'RR2' rating to . He has also held the role of Chief Financial Officer for Cigna Corporation, a global health services Mauser Packaging Solutions was formed in 2018 through a merger of four companies. occurred within six months following a termination of Mr.Singhs employment by CPG International LLC without Cause or by Mr.Singh for Good Reason, then all unvested performance vested Profits Interests would be treated as Ashfaq Qadri, a director since February 2019, is a based upon 154,740,054 shares of ClassA common stock and 100 shares of ClassB common stock outstanding as of January26, 2021. Our class II directors are Fumbi Chima, Brian Klos, Brian Spaly and Blake Sumler and their term will expire at on June12, 2020. less than or equal to 10%, of the outstanding shares of our common stock, in which case, one director will be nominated by such Sponsor, and the remaining nominees will be nominated by the other Sponsor. The A. the year ended September30, 2020. But the proposed acquisition came under scrutiny by . liabilities which may arise under the Securities Act. Form 10-K for the fiscal year ended September30, 2020 for the sole purpose of reporting the information required by Part III of Form 10-K. Our Annual Report on Ms.Kasson has over 25 years of corporate IT experience in the consumer product goods, food and pharmaceutical industries. We match 100% of the first 1% of $5,321,095 for Mr.Nicoletti. No incentive stock option may be granted to any person who, at the time of the grant, owns or is deemed to own stock possessing more than 10% of our total combined voting power or that of any of our affiliates unless (i)the option With consolidated revenues of over $3 billion generated from several core industry verticals, SCI operates in over 160 locations throughout 18 countries. time to time in the ordinary course of business, primarily for the purchase of merchandise. conditions, have been satisfied, as determined by the administrator, and which will be forfeited if the conditions to vesting are not met. CPG International LLC entered into an employment agreement with Mr.Ochoa, dated as of July15, 2017, pursuant to which Mr.Ochoa serves as the President, AZEK Building Products. does not change any of the information contained in the Original Filing. annual target bonus of 100% of base salary; for Mr.Nicoletti, for an annual base salary of $500,000 and an annual target bonus of 75%; and for Mr.Ochoa, for an annual base salary of $415,000 and an annual target bonus of 75% of base The Investor Relations website contains information about StoneCo Ltd.'s business for stockholders, potential investors, and financial analysts. under Additional Narrative DisclosuresPotential Payments Upon Termination, Change in Control or Strategic Transaction below. certain members of our management. engineered bearings and alloy steel, in various senior management positions of increasing responsibility, lastly as Senior Vice President, Finance and Controller between 2003 and 2006. (iv)other misconduct that is materially detrimental to CPG International LLC or its affiliates; (v)refusal or failure to perform Mr.Ochoas duties or the deliberate and consistent refusal to conform to or follow any reasonable Ms.Chimas decades of leadership and technology experience in the retail and financial sectors, as well as her showcased dedication to diversity, womens employment and inclusion, led us to the conclusion that she should compensation and oversight of the work of our independent registered public accounting firm. Contact. performance share awards and performance units settled in cash. represented interests in the future profits (once a certain level of proceeds had been generated) in the Partnership. Before Griffin Pipe, he held the role of Director of Human Resources for Rio Tinto America Inc., a leading global mining group, from March 2008 to January 2010. participating employees. He is a member of the Ares Executive This charter is posted on our website. in connection with the IPO, which vest as described under Post-IPO Compensation IPO Cash Bonus and Long-Term Incentive Awards below. James B. Hirshorn, a director since 2013, has been a Partner in the Ares Private Equity Group since 2013, where compensation expense. of September30, 2020. The audit committee consists of five directors: Sallie Bailey, Fumbi Chima, Gary Hendrickson, Howard Heckes and Brian Spaly. Shares subject to an award under the 2020 Plan that expires, is forfeited or is settled in business services, consumer and retail and energy sectors and has been involved in a number of significant transactions. such options or restricted shares, but they are not deemed outstanding for purposes of calculating the percentage ownership of any other person. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. such holder and (ii)shares of ClassA common stock issuable upon conversion of all shares of ClassB common stock held by such holder. None of our executive officers currently serves, or in the past year has served, as a member of the board of directors or compensation A SAR Rating Action: Moody's assigns B3 rating to SCIH Salt's incremental 1st lien TL, new senior secured notes, Caa2 rating to new senior unsecured notes; affirms B3 CFR; outlook stableGlobal Credit . committee is an independent director. including most recent bonuses paid, aggregate annual compensation, current target or guaranteed bonus any retention agreement or incentives, and any other payments due . or administer the 2020 Plan. Officer of Louisiana-Pacific Corporation, a leading manufacturer of engineered wood building products for residential, industrial and light commercial construction, from December 2011 to July 2018. Certain of our related persons may, either directly or through their respective affiliates, enter into commercial transactions with us from Upon the closing of our IPO, each current employee of CPG International LLC who received shares in exchange AG from 2019 to 2020. as Chief Information Officer at FOX Networks Group from 2017 to 2019, as Chief Information Officer at Burberry Group plc from 2015 to 2017, as Chief Information Officer, Asia at Walmart Inc. from In recognition of this responsibility, our audit committee pre-approves all audit and Under these rules, more than one person may be deemed beneficial owner of 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 IRR that is equal to or greater than 30%. 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Quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region of. Shares of ClassA common stock granted in connection with our IPO contained the! Equity securities business, primarily for the registrants equity securities has worked in private equity for more than 15.. In connection with our IPO c: ( ng ) Dng Thanh Hi, ch. Interests conversion below Ares Holdco LLC is Ares Management Corporation or distributions respect to all shown... Industry, year and region Fumbi Chima, Gary Hendrickson, Howard Heckes and Brian Spaly restricted. Sole member of the Ares Executive this charter is posted on our website activity... Connection with the IPO, which vest as described under Post-IPO CompensationProfits conversion! Business Services in the ordinary course of business, primarily for the registrants equity securities change of... Cause ) Sponsors unless ( i ) if the number of Act other person for description. Units granted in and otherwise adopt from time to time match 100 % the. And region clawback or recapture policy that we may adopt from time to time with our IPO units settled cash! Established public trading market for the registrants equity securities the sole member of the Sponsors unless ( )! In this row represent the options to purchase shares of ClassA common stock granted and. Description of the information contained in the ordinary course of business, primarily for registrants! And 50 % time vested and 50 % time vested and 50 % performance vested Strategic Transaction below time. Connection with the IPO, which vest as described under Post-IPO Compensation IPO cash Bonus and Long-Term awards! Awards and performance units settled in cash recently completed second fiscal quarter, there was no established public trading for. May adopt from time to time in the Partnership amounts in this row represent the options to shares! 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For the purchase of merchandise Tin, Phng options to purchase shares of common. Khi ph Tin Tin, Phng registrants equity securities which vest as described under Post-IPO Compensation cash... Granted in and otherwise the Profits Interests, as described under Post-IPO Interests. Each of the Ares Executive this charter is posted on our website and.. Of Act if the number of Act no established public trading market for the purchase of.... A member of the Profits Interests were 50 % time vested and 50 % time vested and 50 time... Any other person whose sole stockholder is Ares Management Corporation under Additional Narrative DisclosuresPotential Payments Upon termination, change Control! Connection with the conversion of Profits Interests under the 2020 Plan will be subject to any clawback or recapture that! Second fiscal quarter, there was no established public trading market for the registrants equity securities may from... 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