05/04/2021 | Press release | Distributed by Public on 05/04/2021 14:34
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material Pursuant to §240.14a-12
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No fee required.
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
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(1)
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Title of each class of securities to which transaction applies:
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(2)
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Aggregate number of securities to which transaction applies:
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(3)
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Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
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(4)
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Proposed maximum aggregate value of transaction.
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(5)
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Total fee paid:
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Fee paid previously with preliminary materials.
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration number, or the Form or Schedule and the date of its filing.
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(1)
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Amount Previously Paid:
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(2)
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Form, Schedule or Registration Statement No.:
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(3)
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Filing Party:
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( 4) |
Date Filed:
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each of our named executive officers;
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each of our directors;
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all of our directors and executive officers as a group; and
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each stockholder known by us to be the beneficial owner of more than 5% of our common stock.
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Beneficial Ownership
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Name and Address of Beneficial Owner
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Number of Shares
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Percentage(1)
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5% Stockholders
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Renaissance Technologies, LLC (2)
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738,157
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6.0
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% |
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Nine Ten Capital Management, LLC (3)
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664,760
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5.4
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% |
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Directors and Named Executive Officers
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Roger Susi(4)
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5,731,050
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46.5
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%
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Chris Scott(5)
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63,595
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*
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%
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Monty Allen(6)
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21,375
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*
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%
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Anthony Vuoto
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18,526
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*
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%
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James Hawkins(7)
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193,500
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1.5
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%
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All directors and executive officers as a group (5 persons)
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6,028,046
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48.1
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%
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(1)
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Percentage of ownership is based on 12,312,184 shares of our common stock issued and outstanding as of March 31, 2021. Except as otherwise indicated, we believe that the beneficial owners of the common stock listed above, based on information furnished by such owners, have sole investment and voting power with respect to such shares, subject to community property laws where applicable. Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. Shares of common stock subject to options or warrants currently exercisable or exercisable within 60 days, are deemed outstanding for purposes of computing the percentage ownership of the person holding such option or warrants, but are not deemed outstanding for purposes of computing the percentage ownership of any other person.
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(2)
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Renaissance Technologies, LLC reports sole voting and sole dispositive power of 738,157 shares of our common stock as of December 31, 2020. This information is based on the Schedule 13G filed with the SEC on February 10, 2021.
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(3)
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Nine Ten Capital Management, LLC reports sole voting and sole dispositive power of 664,760 shares of our common stock as of December 31, 2020. This information is based on the Schedule 13G filed with the SEC on February 12, 2021.
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Includes 985,050 shares of common stock held by the Roger E. Susi Revocable Trust, 2,362,500 shares of common stock held by the Matthew Susi 2008 Dynasty Trust, and 2,362,500 shares of common stock held by the Phillip Susi 2008 Dynasty Trust. Roger Susi is the settlor and trustee of the Roger E. Susi Revocable Trust. Roger Susi is the settlor of the Matthew Susi 2008 Dynasty Trust and the Phillip Susi 2008 Dynasty Trust, which are irrevocable, but for which Roger Susi holds rights as the settlor to substitute the assets of the trusts in certain circumstances. J. Richard Susi, the brother of Roger Susi, is the trustee for the Matthew Susi 2008 Dynasty Trust and the Phillip Susi 2008 Dynasty Trust.
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(5)
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Includes 35,000 shares of common stock issuable upon exercise of share options that are currently exercisable or exercisable within 60 days.
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Includes 5,000 shares of common stock issuable upon exercise of share options that are currently exercisable or exercisable within 60 days.
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Includes 177,500 shares of common stock issuable upon exercise of share options that are currently exercisable or exercisable within 60 days.
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