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DATE:
Thursday, June 3, 2021 |
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TIME:
11:00 A.M. Eastern Time |
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PLACE:
via the internet www.virtualshareholdermeeting.com/SDC2021 |
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Name
|
| |
Class
|
| |
Age
|
| |
Position
|
|
David Katzman | | |
I
|
| |
61
|
| | Chief Executive Officer and Chairman | |
Steven Katzman | | |
III
|
| |
57
|
| | Chief Operating Officer and Director | |
Jordan Katzman | | |
III
|
| |
31
|
| | Co-Founder and Director | |
Alexander Fenkell | | |
II
|
| |
32
|
| | Co-Founder and Director | |
Susan Greenspon Rammelt | | |
I
|
| |
56
|
| | Chief Legal Officer, EVP Business Affairs, Secretary, and Director | |
Dr. William H. Frist | | |
II
|
| |
69
|
| | Director | |
Carol J. Hamilton | | |
III
|
| |
68
|
| | Director | |
Richard F. Wallman | | |
II
|
| |
70
|
| | Director | |
Edward W. Ward, III | | |
I
|
| |
69
|
| | Director | |
| | |
Audit Committee
|
| |
Compensation
Committee |
| |
Nominating and
Corporate Governance Committee |
|
Senator William H. Frist, M.D.
|
| |
X
|
| | | | |
X
|
|
Carol J. Hamilton
|
| | | | | | | |
X
|
|
David Katzman
|
| | | | |
Chair
|
| |
X
|
|
Steven Katzman
|
| | | | |
X
|
| |
Chair
|
|
Richard F. Wallman
|
| |
Chair
|
| |
X
|
| | | |
Edward W. Ward, III
|
| |
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
($) |
| |||||||||||||||||||||
Dr. William H. Frist
|
| | | | 150,000 | | | | | | —(c) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 150,000 | | |
Carol J. Hamilton
|
| | | | — | | | | | | 293,418 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 293,418 | | |
Richard F. Wallman
|
| | | | — | | | | | | 293,418 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 293,418 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($)(a) |
| |
Stock
Awards ($)(b) |
| |
Option
Awards ($) |
| |
All Other
Compensation ($)(c) |
| |
Total
($) |
| |||||||||||||||||||||
David Katzman
Chief Executive Officer |
| | | | 2020 | | | | | | 501,782 | | | | | | 1,000,000 | | | | | | — | | | | | | — | | | | | | 164,769 | | | | | | 1,666,551 | | |
| | | 2019 | | | | | | 269,231 | | | | | | 304,110 | | | | | | 2,499,985 | | | | | | 3,355,425 | | | | | | 201,761 | | | | | | 6,630,512 | | | ||
Steven Katzman
Chief Operating Officer |
| | | | 2020 | | | | | | 579,066 | | | | | | 300,000 | | | | | | 176,803 | | | | | | — | | | | | | 89,321 | | | | | | 1,145,190 | | |
| | | 2019 | | | | | | 453,846 | | | | | | 5,322,407 | | | | | | 999,994 | | | | | | 1,393,035 | | | | | | 141,210 | | | | | | 8,310,492 | | | ||
Susan Greenspon Rammelt
Chief Legal Officer, EVP Business Affairs and Secretary |
| | | | 2020 | | | | | | 693,541 | | | | | | 350,000 | | | | | | 206,273 | | | | | | — | | | | | | 51,577 | | | | | | 1,301,391 | | |
| | | 2019 | | | | | | 686,667 | | | | | | 821,577 | | | | | | 749,984 | | | | | | 1,044,782 | | | | | | 82,759 | | | | | | 3,385,769 | | |
NEO
|
| |
2020 Annual Base Salary
|
| |||
David Katzman
|
| | | $ | 1,000,000 | | |
Steven Katzman
|
| | | $ | 600,000 | | |
Susan Greenspon Rammelt
|
| | | $ | 700,000 | | |
NEO
|
| |
Target Annual Bonus
(% of annual base salary) |
| |||
David Katzman
|
| | | | 100% | | |
Steven Katzman
|
| | | | 50% | | |
Susan Greenspon Rammelt
|
| | | | 50% | | |
| | | | | |
Option Awards
|
| |
Stock Awards
|
| |||||||||||||||||||||||||||||||||||||||
Name
|
| |
Grant Date
|
| |
Number of
securities underlying unexercised options (#) Exercisable |
| |
Number of
securities underlying unexercised options (#) Unexercisable |
| |
Option
exercise price ($) |
| |
Option
expiration date |
| |
Number
of shares or units of stock that have not vested (#) |
| |
Market
value of shares or units of stock that have not vested ($)(a) |
| |
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 ($) |
| |||||||||||||||||||||
David Katzman
|
| |
September 16, 2019(b)
|
| | | | | | | | | | — | | | | | | — | | | |
—
|
| | | | 72,464 | | | | | | 865,220 | | | | | | | | | | | | | | |
|
September 11, 2019(b)
|
| | | | 108,695 | | | | | | 217,391 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Steven Katzman
|
| |
September 16, 2019(c)
|
| | | | | | | | | | — | | | | | | — | | | |
—
|
| | | | 43,478 | | | | | | 519,127 | | | | | | | | | | | | | | |
|
September 11, 2019(c)
|
| | | | | | | | | | 130,434 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | | | | | | | | | | | | | | | | | | | | | | ||
| March 31, 2017(d) | | | | | | | | | | | | | | | | | | | | | | | | | | 943,955 | | | | | | 11,270,823 | | | | | | | | | | | | | | | ||
| May 15, 2020(e) | | | | | | | | | | | — | | | | | | — | | | | — | | | | | 25,773 | | | | | | 307,730 | | | | | | | | | | | | | | | ||
Susan Greenspon Rammelt
|
| |
September 16, 2019(c)
|
| | | | | | | | | | — | | | | | | — | | | |
—
|
| | | | 32,608 | | | | | | 389,340 | | | | | | | | | | | | | | |
|
September 11, 2019(c)
|
| | | | | | | | | | 97,826 | | | | | | 23.00 | | | |
September 11, 2029
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| April 15, 2018(d) | | | | | | | | | | | — | | | | | | — | | | | — | | | | | 41,763 | | | | | | 498,650 | | | | | | — | | | | | | — | | | ||
| May 15, 2020(e) | | | | | | | | | | | — | | | | | | — | | | | — | | | | | 30,069 | | | | | | 359,024 | | | | | | | | | | | | | | |
Plan Category
|
| |
Number of securities
to be issued upon exercise of outstanding options, warrants and rights |
| |
Weighted-average
exercise price of outstanding options, warrants and rights |
| |
Number of securities
remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) |
| |||||||||
Equity compensation plans approved by security
holders |
| | | | 5,499,221(1) | | | | | $ | 23.00(2) | | | | | | 41,234,826(3) | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 5,499,221 | | | | | $ | 23.00 | | | | | | 41,234,826 | | |
| | |
2020
|
| |
2019
|
| ||||||
Audit fees
|
| | | $ | 2,016,901 | | | | | $ | 3,073,721 | | |
Audit-related fees
|
| | | | — | | | | | | — | | |
Tax fees
|
| | | | — | | | | | | — | | |
All other fees
|
| | | | 5,200 | | | | | | 2,745 | | |
Total
|
| | | $ | 2,022,101 | | | | | $ | 3,076,466 | | |
| | |
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)
|
| | | | 11,903,167 | | | | | | 10.1% | | | | | | — | | | | | | — | | | | | | * | | |
FMR LLC(d)
|
| | | | 6,729,839 | | | | | | 5.7% | | | | | | — | | | | | | — | | | | | | * | | |
The Vanguard Group(e)
|
| | | | 7,738,577 | | | | | | 6.6% | | | | | | — | | | | | | — | | | | | | * | | |
Directors and Named Executive Officers | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
David Katzman(f)(g)**
|
| | | | 796,530 | | | | | | * | | | | | | 87,062,422 | | | | | | 31.49% | | | | | | 30.30% | | |
Jordan Katzman(f)(h)
|
| | | | 53,825 | | | | | | * | | | | | | 69,038,866 | | | | | | 24.97% | | | | | | 24.03% | | |
Alexander Fenkell(f)(i)
|
| | | | 75,716 | | | | | | * | | | | | | 63,025,431 | | | | | | 22.81% | | | | | | 21.94% | | |
Steven Katzman(f)(j)
|
| | | | 149,068 | | | | | | * | | | | | | 34,005,263 | | | | | | 12.46% | | | | | | 11.99% | | |
William H. Frist(k)
|
| | | | 62,934 | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
Carol J. Hamilton
|
| | | | 13,043 | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
Richard F. Wallman
|
| | | | 335,286 | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
Edward W. Ward, III
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Susan Greenspon Rammelt(f)(l)
|
| | | | 30,069 | | | | | | * | | | | | | 278,423 | | | | | | * | | | | | | * | | |
All executive officers and directors as a group (11 persons)(m)
|
| | | | 1,983,571 | | | | | | * | | | | | | 253,410,405 | | | | | | 91.83% | | | | | | 88.38% | | |