2. |
To ratify the appointment of Squar Milner LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018; and |
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Name
|
| |
Age
|
| |
Position with the Company
|
|
Chad M. Carpenter | | |
53
|
| | President, Chief Executive Officer, Chairman of the Board of Directors | |
Jon Haahr(a)(b)(c)
|
| |
63
|
| | Director | |
Richard P. Imperiale(a) | | |
58
|
| | Director | |
Xiaofan Bai(b)(c)
|
| |
34
|
| | Director | |
Xiaohang Bai(b)(c)
|
| |
28
|
| | Director | |
Yifeng Huang | | |
31
|
| | Director | |
Xinghua Wang(a) | | |
34
|
| | Director | |
Zhen Luo | | |
34
|
| | Director | |
| | |
2017
|
| |
2016
|
| ||||||
Audit Fees
|
| | | $ | 167,000 | | | | | $ | 88,000 | | |
Audit – Related Fees
|
| | | | 0 | | | | | | 0 | | |
Tax Fees
|
| | | | 23,185 | | | | | | 32,575 | | |
| | | | $ | 190,185 | | | | | $ | 120,575 | | |
|
Name and Address of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned |
| |
Percentage
Beneficially Owned |
| ||||||
5% Owners: | | | | | | | | | | | | | |
King Apex Group Holdings II Limited(1)
|
| | | | 1,865,740 | | | | | | 17.3% | | |
King Apex Group Holdings III Limited(1)
|
| | | | 1,865,740 | | | | | | 17.3% | | |
King Apex Group Holdings IV Limited(1)
|
| | | | 2,150,000 | | | | | | 20.0% | | |
Executive Officers and Directors: | | | | | | | | | | | | | |
Chad M. Carpenter(2)
|
| | | | 874,638 | | | | | | 8.1% | | |
Jon Haahr(3)
|
| | | | 51,930 | | | | | | * | | |
Xiaofan Bai(4)
|
| | | | 5,895,430 | | | | | | 54.7% | | |
Xiaohang Bai
|
| | | | 5,455 | | | | | | * | | |
Yifeng Huang
|
| | | | — | | | | | | — | | |
Xinghua Wang
|
| | | | 1,080 | | | | | | * | | |
Thad L. Meyer(5)
|
| | | | 119,996 | | | | | | 1.1% | | |
Zhen Luo
|
| | | | 980,405 | | | | | | 9.1% | | |
Richard P. Imperiale
|
| | | | 1,080 | | | | | | * | | |
All executive officers and directors as a group (9 persons)
|
| | | | 7,930,014 | | | | | | 73.6% | | |
Name
|
| |
Age
|
| |
Position
|
|
Chad M. Carpenter | | |
53
|
| |
President, Chief Executive Officer, Chairman of the Board of Directors
|
|
Thad L. Meyer | | |
58
|
| | Chief Financial Officer, Chief Operating Officer, Secretary | |
Name and Principal
Position |
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
Stock
Awards |
| |
Option
Awards |
| |
Nonequity
Incentive Plan Compensation |
| |
Nonqualified
Deferred Compensation Earnings |
| |
All Other
Compensation |
| |
Total
|
| |||||||||||||||
Chad M. Carpenter
CEO(1) |
| | | | 2017 | | | | | $ | 277,200 | | | | | $ | 50,000 | | | | | $ | 50,000(3) | | | | | | | | | | | | | | | | | $ | 377,200 | | |
| | | 2016 | | | | | $ | 252,000 | | | | | $ | 80,000 | | | | | | | | | | | | | | | | | | | | | | | $ | 332,000 | | | ||
Thad L. Meyer
CFO, COO(2) |
| | | | 2017 | | | | | $ | 254,100 | | | | | $ | 50,000 | | | | | $ | 50,000(3) | | | | | | | | | | | | | | | | | $ | 354,100 | | |
| | | 2016 | | | | | $ | 220,500 | | | | | $ | 80,000 | | | | | | | | | | | | | | | | | | | | | | | $ | 300,500 | | |
| | |
Stock awards
|
| | | | |||||||||||||||||||||||||||
Name
|
| |
Number of
shares or units of stock that have not vested (#) |
| |
Market value of
shares of units of stock that have not vested ($) |
| |
Equity incentive
plan awards: Number of unearned shares, units or other rights that have not vested (#) |
| |
Equity incentive
plan awards: Market or payout value of unearned shares, units or other rights that have not vested ($) |
| | | | ||||||||||||||||||
Chad M. Carpenter, CEO
|
| | | | — | | | | | | — | | | | | | 213,206(1) | | | | | $ | 987,144(2) | | | | | | ||||||
Thad L. Meyer, CFO
|
| | | | — | | | | | | — | | | | | | 80,797(1) | | | | | $ | 374,090(2) | | | | | | ||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Name
|
| |
Fees
Earned |
| |
Stock
Awards |
| |
Option
Awards |
| |
Non-Equity
Incentive Plan Compensation |
| |
Deferred
Compensation Earnings |
| |
All Other
Compensation |
| |
Total
|
| |||||||||||||||||||||
Jon Haahr
|
| | | $ | 70,000 | | | | | $ | 10,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 80,000 | | |
Xiaofan Bai
|
| | | $ | 87,500 | | | | | $ | 12,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 100,000 | | |
Xiaohang Bai
|
| | | $ | 35,000 | | | | | $ | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 40,000 | | |
Siyu Lan
|
| | | $ | 11,250 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 11,250 | | |
Christopher Gann
|
| | | $ | 37,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 37,500 | | |
Yifeng Huang
|
| | | $ | 11,250 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 11,250 | | |
Xinghua Wang
|
| | | $ | 35,000 | | | | | $ | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 40,000 | | |
Zhen Luo
|
| | | $ | 13,125 | | | | | $ | 1,875 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 15,000 | | |
Richard P. Imperiale
|
| | | $ | 15,000 | | | | | $ | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 20,000 | | |