costs, initial public offering costs, capital structure transaction costs and certain other costs. equity firm focused on buyouts and growth capital investments in Canada. We James has a multi-faceted human resources law practice, handling day-to-day, litigation and corporate transactions mandates for clients in both pension and benefits and labour and employment matters. Board Composition and Risk Management Practices. The beneficial ownership information presented below includes, for each beneficial owner, (i)shares of ClassA common stock and Prior to joining Ares in 2009, Mr.Hirshorn was the President of Potbelly Sandwich Works. In 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 8 Aug 2007. Vested Profits Interests generally were redeemable by the Partnership within six months following a termination of employment. Includes 236,705 shares held by Mr.Singhs spouse, Linda Singh, as trustee of The Jesse Singh 2016 Irrevocable Trust, 1:05. CPG International LLC, (iv)ongoing willful refusal or failure to perform duties or (v)material breach of any material written agreement with CPG International LLC. Phone Number 310-788-2850. Sign-on Grants. Our class II directors are Fumbi Chima, Brian Klos, Brian Spaly and Blake Sumler and their term will expire at Performance Vesting Condition is not satisfied prior to May26, 2026, the long-term cash incentive will be automatically terminated and forfeited without compensation. www.mortonsalt.com. those listed above, that would have required our audit committee to consider their compatibility with maintaining the independence of PricewaterhouseCoopers LLP. IndependenceStockholders Agreement, the Sponsors have entered into the Stockholders Agreement with us, pursuant to which the Sponsors agree to vote their shares of ClassA common stock in favor of the election of the nominees of the Mr.Ressler LLC. With our entrepreneurial culture, an eye for untapped potential and deep industry knowledge, we find opportunities in overlooked places to significantly grow companies. performance and the number of days Mr.Singh was employed during the year of termination, payable at such times that annual bonuses are paid to executives generally, and any earned but unpaid bonus for the year prior to termination. Get a D&B Hoovers Free Trial. In the event of The firm seeks to acquire businesses through buyouts. incorporation and bylaws and the Stockholders Agreement. Description. The restricted shares and stock options received upon Consists of fees for professional services for tax advisory and compliance services. Stone Canyon Industries LLC filed as a Foreign in the State of California on Tuesday, August 19, 2014 and is approximately nine years old, as recorded in documents filed with California Secretary of State.A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. He also held the role of Director of Operations for Newell-Rubbermaid Inc., known today as Newell Independence. The amounts in this row represent the options to purchase ClassA common stock granted to Mr.Singh Unless the administrator determines otherwise, all ordinary cash dividend payments or other ordinary distributions paid upon a restricted stock award will be directors, subject to our certificate of incorporation, bylaws and the Stockholders Agreement, (2)reviewing the qualifications of incumbent directors to determine whether to recommend them for reelection and selecting, or recommending that the to continue (as is or as adjusted by the administrator) after closing or (v)settle awards for an amount, as determined in the sole discretion of the administrator, of cash or securities (in the case of stock options and SARs that are settled the Sponsors; commencing any liquidation, dissolution or voluntary bankruptcy, administration, recapitalization or anniversary of grant and the next annual meeting of shareholders and (v)up to 5% of the available share reserve under the 2020 Plan. unvested immediately prior to our IPO, and the unvested options have the same time-based and performance-based vesting conditions as the original Profits Interests award. 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 agreement, which are described under Employment Agreements below. Summary. January26, 2021. 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 Prior to Newell Brands, Inc., Mr.Nicoletti served as Executive Ms.Chima previously served in leadership roles at various companies in the retail and financial sectors, including as Chief Information officer at adidas 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 The deal is expected to be completed in August 2016. Annual Report view. (other than in connection with a public offering registered under the Securities Act), except in a Strategic Transaction (as defined below); or (iii)the sale of all or substantially all of the assets of CPG International LLC to a person or business services, consumer and retail and energy sectors and has been involved in a number of significant transactions. In connection with his appointment, Mr.Ochoa received a one-time cash Stone Canyon Industries LLC Overview. 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 Securities salary. Previously, Mr.Sumler was a Senior Vice President at Callisto Capital, a mid-market Toronto based private board of directors has adopted a written charter for the nominating and corporate governance committee which satisfies the applicable rules of the SEC and the listing standards of the NYSE. taken as a whole, to another entity, or undertaking any transaction that would constitute a Change of Control as defined in our debt agreements; acquiring or disposing of assets, in a single transaction or a series of related transactions, or entering into Pursuant to the Greater China market. Jose Ochoa is currently serving as our President, Residential Segment. equity-based, equity-related or cash-based awards (including performance-based awards). 8 Aug 2007. Summary. Vice President of Strategy and Execution and joined us in January 2018. earned but unpaid bonus for the year prior to termination, (ii)all amounts accrued under any bonus, incentive or other plan and (iii)a prorated annual bonus for the year of termination based on actual performance and the number of days committee of any entity that has one or more executive officers serving on our board of directors or compensation committee. In connection with the Corporate Conversion, we appointed certain directors to serve as members of our newly formed board of directors, as described The administrator may also delegate any of its powers, responsibilities or duties to any person who is not a member of the administrator or any of our administrative groups. Last year, Bway was sold by Platinum Equity to Stone Canyon Industries LLC for $2.4 billion. Thu 15 Aug, 2019 - 10:10 AM ET. Mr.Hendrickson has waived any fee for service as chair of our board of directors until the completion of the four-year vesting period as well as any inaugural award granted to other directors in connection with the (i)if the number of directors to be nominated is odd, in which case 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 None of the members of the compensation committee is, nor has ever been, an officer or employee of our company. The grant date fair value of the stock options and restricted stock units was computed in accordance with Accounting Standards Codification 718 issued by the 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. YESNO, Indicate by check mark if the Registrant is not required Mr.Singh was employed during the year of termination, payable at such times that annual bonuses are paid to our executives generally. Subject to certain conditions, the Registration Rights Agreement provides the Sponsors with up to four demand registrations each and unlimited demand registrations at any time we are SCIH will divest its US Salt subsidiary, based in Watkins Glen, New York, as part of an agreement with the U.S. Department of Justice to proceed with the acquisition. 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 For more information, please visitwww.scihinc.com. approximately 1,300 of our employees who did not own any shares of our capital stock immediately prior to IPO. The department said that without . He holds a BA (Chartered Accounting) and a Master of Accounting from the University of Waterloo. The performance vested Profits Interests would vest based on satisfaction of the performance criteria described above. Accordingly, this Amendment should be read in conjunction with our Original Filing. above under Directors, Executive Officers and Corporate Governance.. The financial performance objectives and actual fiscal 2020 performance as determined for purposes of the annual incentive award to Founded in 2014, the company focuses on acquiring market-leading companies with strong . Co-Founder of Ares and a Director and Partner of Ares Management Corporation and Co-Chairman of the Ares Private Equity Group. that role since November 2013. the Sponsors have sold or disposed of more than 65% of their aggregate common interests in the Partnership for Morton produces salt for culinary, water softening, household, road deicing, food processing, chemical, pharmaceutical, and numerous other uses. The financial performance objectives and actual fiscal 2020 performance as determined for As discussed in Certain Relationships and Related Transactions, and Director Upon the closing of our IPO, each current employee of CPG International LLC who received shares in exchange Accordingly, the amounts in this column for the fiscal year ending September30, 2020 also include the following amounts in respect of such modification: $25,028,770 for Mr.Singh; $7,444,608 for Mr.Ochoa; and A. Stucki Company, a major provider of engineered components, systems and services for the railroad industry and other markets, described Kiefer as "the leader of its expansion, development and success." Stucki's parent company, SCI Rail Holdings LLC, a division of Stone Canyon Industries Holdings LLC, is searching for a new CEO. Unlock full sales materials and reports. Procter& Gamble Company and AT Kearney, Inc. Scott Van Winter joined us in January 2017 and is currently serving effective as of May26, 2016, which continues until Mr.Singhs employment terminates. that, he held a variety of leadership positions including Director of Strategic Business Development for The Home Depot Inc. and Director of Mergers& Acquisitions for Hughes Supply, Inc. Paul Kardish is currently serving as our Senior Vice President and Chief Legal Officer. targets established by the compensation committee of the board of directors of AOT Building Products GP Corp., the Partnerships former general partner, and we refer to such compensation committee as the GP Compensation Committee. Deutsche Bank and RBC Capital Markets served as financial advisors to K+S and Sullivan & Cromwell LLP and Borden Ladner Gervais LLP served as legal advisors. "We are excited to move to the next stage . This option grant was intended to restore to such holders the same leverage, or amount of equity at work, that the holder had with respect to Profits noncompliance and being given 10 business days to cure (to the extent curable) such non-compliance; (vi)breach of any agreement with CPG On CPG International LLC entered into an employment agreement with Mr.Nicoletti effective on January9, 2019, which continues until Entities (other than Ares IV, with respect to the securities owned by it) and the equity holders, partners, members and managers of the Ares Entities and the executive committee of Ares Partners expressly disclaims beneficial ownership of these Mauser Packaging Solutions was formed in 2018 through a merger of four companies. 2023 PitchBook. Public asset : 57,989 USD. Cng Ty TNHH Hnh Hng. in companies operating in various industries, including in the industrial and energy sectors. Mr.Singh was also granted 7,565 performance vested Profits Interests and 9,065 time vested Profits Interests. affairs were managed under the direction of the board of directors of AOT Building Products GP Corp. The Profits Interests granted to each of the NEOs in connection with his part of the Corporate Conversion, we modified the terms and conditions of our performance-based awards by changing the vesting conditions. Benefits. the conversion of Profits Interests, as described under Post-IPO CompensationProfits Interests Conversion below. 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 Our board of directors 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 Stone Canyon Industries purchases A. Stucki Company. 13 June 2016. Item10. We match 100% of the first 1% of His understanding of our business and broad experience led us to conclude that he should serve as a director on our board. 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 The acquisition further enhances SCIH's long-term, growth-oriented business model.". Chair IPO Award was granted on the completion of our IPO. previously worked in Morgan Stanleys Investment Banking division in New York. December 2019. Each member of the nominating and corporate governance committee is an independent director. The vesting conditions placed on any award need not be the same with respect SCIH seeks to build out industrial verticals in stable and mature industries that possess favorable economic dynamics, as well as an opportunity to build a substantial company that will make a difference. Executive Officer of a global company provides expertise in corporate leadership and development and execution of business growth strategy. In connection with our IPO, we entered into the Stockholders Agreement with the Sponsors. Ares Partners Holdco LLC is managed by a board of managers, which is composed of Michael Arougheti, Ryan Berry, R. Kipp deVeer, David Kaplan, Michael McFerran, Antony Ressler and Bennett Rosenthal. Performance-Based and Other Stock-Based or Cash-Based Awards. subject, then such person would automatically forfeit any outstanding Profits Interests and repay any amounts distributed to him or her (other than certain minimum distributions to partners of the Partnership) within the 24 months prior to such Director of Human Resources for BorgWarner Inc., a manufacturer of propulsion systems for combustion, hybrid and electric vehicles, from 1995 to 2008. Mr.Ochoa were as follows: Company Target Adjusted EBITDA(1) 25% In the event of a change in control, the administrator may (i)provide for the assumption of or the issuance of substitute awards, bonus, (ii)a material reduction in duties or authority, (iii)removal of position and responsibilities, (iv)failure to pay compensation under the employment agreement, (v)relocation by more than 35 miles or (vi)a cash incentive opportunity, long-term incentive awards and employee benefits. Mr.Rosenthal also is a member of the Ares Private Equity Groups Corporate Opportunities and Special Opportunities Investment Committees. level of counsel to the management team, specifically with respect to the development of our commercial and retail strategy. in cash, the amount paid will be equal to the in-the-money spread value, if any, of such awards). The Call (844) . 2020 Performance. Grantees have full voting rights with respect to their restricted shares. applicable. the conditions, limitations, restrictions, vesting and forfeiture provisions determined by the administrator, in its sole discretion, subject to certain limitations provided in the 2020 Plan. Award-Winning Sales Intel. . Headquartered inChicago, Morton Salt with its affiliates in theBahamasandCanadahas more than 3,500 employees committed to safety, quality, and service in the communities in which it operates. 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 [CDATA [BWAY Corp., a Stone Canyon Industries LLC company, has announced the acquisition of KLW Plastics, Monroe, Ohio, from Koda Enterprises Group. 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). Payment to a grantee upon the exercise of a SAR may be either in cash, shares of our 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 February 18, 2020. Stone Canyon bought Bway in 2016 from private equity firm Platinum Equity LLC for $2.4 billion. Certain terms used in this section have the meanings described under Treatment of Long-Term IncentivesDefinitions below. Represents percentage of total voting power reflecting (i)all shares of ClassA common stock held by company exemption does not modify the independence requirements for the audit committee, and we are in compliance with the requirements of the Sarbanes-Oxley Act and the NYSE rules, which require that our audit committee be composed of at Profits Interests award as described in Note 1 to this table above. granted 840 time vested Profits Interests and 840 performance vested Profits Interests on October11, 2018. with our IPO. Messrs. Hammond, Lee and Pace no longer serve on the board of directors. Mr.Kardish had over 25 years of broad legal, human resources, corporate governance and compliance, security, and government relations experience, serving as the Executive Vice President, General Counsel and Secretary of Schneider National, number of directors comprising our board of directors may not be less than three or not more than thirteen, with the actual number to be fixed from time to time by resolution of our board of directors, subject to the terms of our certificate of Consists of fees Mr.Rosenthal graduated summa cum laude with a B.S. EXPLANATORY NOTE . SARs issued and outstanding, (ii)amending or cancelling a stock option of SAR when the exercise price exceeds the fair market value of one share of common stock in exchange for a grant of a substitute award or repurchase for cash or other To get there, you motor north from Monterey Regional Airport along the California coast, through Sand City and up past Seaside, where Route 1 bends inland to skirt the Fort Ord Dunes. Directors, Executive Officers and Corporate Governance, Security Ownership of Certain Beneficial Owners and Management and Related Stockholder under the policy. Stone Canyon Industries Holdings LLC, Kissner Group Holdings minority owner and CEO Mark Demetree and affiliates closed on their acquisition of K+S Aktiengesellschaft's Americas salt business, including Morton Salt, for a previously disclosed purchase price of approximately $3.2 billion. September30, 2020 was determined based on the level of achievement of certain financial and individual performance criteria, which are described in more detail below. Our board of directors regularly reviews information regarding our credit, liquidity and mathematics (STEM). 25% was determined based on individual performance as discussed with the compensation committee of our board of directors. startup focused on making it easy for men and women to discover and acquire stylish clothing without the hassles of the traditional shopping experience. Mr.Rosenthals previous board of directors experience includes Dawn Holdings, Other than as specifically set forth herein, we have not updated or amended the disclosures contained in the Original Filing to reflect events that have occurred since the date SCI has a small investment in Luxfer. In connection with our IPO, we amended the long-term cash incentive with Mr.Singh described under Narrative Disclosure to Summary Our board of directors is divided Stone Canyon Industries Holdings LLC, Civil Action No. 20200716: Stone Canyon Industries Holdings LLC; Kissner Co-Investment Holdings LP. registrants most recently completed second fiscal quarter, there was no established public trading market for the registrants equity securities. Transaction Number. Mauser Packaging Solutions General Information. The sales price (enterprise value) amounts to USD 3.2 billion and represents 12.5 times the 2019 EBITDA of USD 257 million. Additionally, Mr.Ochoa was granted 5,000 Profits Interests. governance committee is to assist our board of directors in discharging its responsibilities relating to (1)identifying individuals qualified to become new board of directors members, consistent with criteria approved by the board of our other employees. portion of the Chair IPO Award is in the form of cash, and is instead in the form of options to tie to future value creation at the company. Prior to working for Louisiana-Pacific Corporation, conditions, have been satisfied, as determined by the administrator, and which will be forfeited if the conditions to vesting are not met. Accordingly, the definitive proxy statement than those of the other two classes. Purchases of Products in the Ordinary Course of Business. The audit committee also prepares the audit committee report as required by the SEC for inclusion in our annual proxy The We refer to these Management, Inc., CHG Healthcare Holdings L.P., DuPage Medical Group, Press Ganey Associates, Inc., United Womens Healthcare and other private companies. Mr.Ochoa joined us in July 2017. with the IPO, we adopted the 2020 Omnibus Incentive Compensation Plan, or the 2020 Plan, which has the features described below. Atlanta-based Bway, owned by holding company Stone Canyon Industries LLC, purchased KLW Plastics from KODA Enterprises Group. comprise insurance premiums with respect to a long-term disability policy paid on behalf of each of Mr.Singh and Mr.Ochoa; group term life insurance premiums; matching contributions under the AZEK Company 401(k) Plan, or the 401(k) Plan; The time vested Profits Interests were 40% vested on the grant date, with the remaining 60% vesting in equal installments on Mr.Lee did not hold equity-based awards exercise price is at least 110% of the fair market value of the stock subject to the option on the date of grant and (ii)the term of the incentive stock option does not exceed five years from the date of grant. Our He also served as CEO of 3Ms joint venture in Japan and led 3Ms global electronics materials business. administered by the board of directors or the compensation committee or its delegates (collectively, the administrator). Good Reason and Cause as used in the preceding sentence had the meanings set forth in the executives employment agreement, or if none, then as set forth in the Partnership Agreement. The target annual incentive opportunity, expressed as a percentage of an NEOs base salary, was established in each NEOs employment The Registration Rights Agreement also provides that we will pay certain expenses of these holders relating to such registrations and indemnify them against certain 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 Founded in 2014 and headquartered Santa Monica, California, Stone Canyon is a private equity firm. services provided by PricewaterhouseCoopers LLP in fiscal 2020 and 2019 were pre-approved by our audit committee. For the year ended September30, 2020, our NEOs were compensated through a combination of the following components: base salary, annual The following table sets forth information regarding the compensation earned for service on the board of directors of AOT Building Products GP While each committee will be responsible for evaluating certain risks and overseeing the management of such risks, our full board of directors plans to keep itself regularly informed regarding such risks through committee reports Agreement to offer, sell or otherwise dispose of shares of our common stock. material breach of the employment agreement, in each case provided that Mr.Singh has given CPG International LLC written notice of the termination within 90 days of the first date on which he has knowledge of such event or conduct and he has