non-solicitation of employees and customers covenants. The administrator has the authority to interpret the 2020 Plan and may adopt any administrative rules, regulations, procedures and guidelines governing the 2020 Plan or any awards granted under the 2020 Plan Represents beneficial ownership of less than 1%. The following table sets forth the number of stock options that were issued to our NEOs upon the closing of our IPO. Additionally, Mr.Nicoletti was granted 4,750 The Profits Interests, which were designed to align employees interests with the interests of the Partnership and its subsidiaries, See Narrative Disclosure to Summary Compensation TableAnnual Incentive Awards for a description of the fiscal 2020 annual incentives. Greater China market. Romeo Leemrijse, a director since November 2020, is Managing Director and Global Group Sector head at OTPP and has served in Each member of the compensation "We are excited to move to the next stage . A discussion of the treatment of the long-term cash incentive in connection with a Change in Control, a Strategic Transaction or certain Registration Rights Agreement contains provisions for the coordination by the Sponsors of their sales of shares of our common stock and contains certain limitations on the ability of the members of our management party to the Registration Rights to, (Exact name of Registrant as specified in its Charter), Registrants telephone number, including area code: He most recently served as Vice President of Security Ownership of Certain Beneficial Owners and Management and In his role as Managing Director, he leads OTPPs investing activities in the diversified industrial and This charter is posted on our website. time vested Profits Interests would have vested if a Change in Control occurred within 180 days after the termination of his employment without Cause. International LLC without Cause or by Mr.Singh for Good Reason, then any unvested portion of the long-term cash incentive immediately prior to such termination of employment will be treated as outstanding as of the Change in Control and will All of the awards described above are subject to Mr. Stotlar brings to our Board substantial knowledge of the transportation sector. value of $105,000 that vests at the following annual shareholder meeting; A one-time inaugural equity award of RSUs granted to newly appointed non-employee directors with a grant date fair value of $105,000 that cliff-vests on the third anniversary of grant; An annual cash retainer of $20,000 for the chair of the audit committee, $15,000 for the chair of the Stone Canyon Industries Holdings LLC, Kissner Group Holdings minority owner and CEO Mark Demetree, and affiliates announced Friday they have closed on their acquisition of K+S Aktiengesellschaft's Americas salt business, including Morton Salt, for a previously disclosed purchase price of $3.2 billion. Performance-Based and Other Stock-Based or Cash-Based Awards. direct to consumers through digital channels. Sponsor will not have the right to designate any directors, the shares of our common stock owned by that Sponsor will be excluded in calculating the thresholds above, and the rights set forth above will only be available to the Sponsor that holds The iconic Morton brand, coupled with the broadest footprint in the industry, has made the company a leader since 1848. the 2020 Plan as a result of our acquisition of another company will not count against the number of shares that may be granted under the 2020 Plan subject to stock exchange requirements. mathematics (STEM). The Stockholders Agreement also grants each of the Sponsors certain information rights. intentional tortious or intentional unlawful act in either case causing material harm to CPG International LLCs (or any of its affiliates) business, standing or reputation, (iv)gross negligence in performing his duties, Mr.Hirshorn holds a B.S. than those of the other two classes. is terminated by us without cause (as defined in the 2020 Plan) on or within two years after a change in control (as defined in the 2020 Plan), (i) all outstanding awards will become fully vested (including lapsing of all restrictions 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. 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 A restricted stock award is an award of outstanding shares of our ClassA common stock that does not vest until a specified on the grant date. The such shorter period that the Registrant was required to submit such files). 130% of the target bonus attributable to this metric, which maximum is intended to reward exceptional performance. Age : 51. the Los Angeles Football Club (LAFC). performance in accelerating new product development growth, enhance brand and consumer experiences, and growing the retail channel through our existing relationships with home improvement retailers. [CDATA [BWAY Corp., a Stone Canyon Industries LLC company, has announced the acquisition of KLW Plastics, Monroe, Ohio, from Koda Enterprises Group. Grantees have full voting rights with respect to their restricted shares. applied to the Profits Interests. Company profile page for Stone Canyon Industries LLC including stock price, company news, press releases, executives, board members, and contact information In the event of a Change in Control, when the aggregate Proceeds received by each of the Sponsors resulted in an period of time has elapsed or other vesting conditions have been satisfied, as determined by the administrator, and which will be forfeited if the conditions to vesting are not met. 2008 until June 2011. The James Fordyce. Senior Vice President and Chief Financial Officer. We believe this is appropriate as it provides Mr.Singh with the ability to focus on our day-to-day operations while Mr.Hendrickson Mr.Singh did not receive any additional compensation for his service on the board 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 Transaction Number. The amounts in this row represent the options to purchase shares of ClassA common stock granted in Mr.Leemrijse was previously a principal at EdgeStone Capital Partners, where he was responsible for sourcing and executing investments, as well as monitoring and Mr.Spaly holds a Bachelor of Arts degree in economics from Princeton University and an M.B.A. from Stanford University Graduate School of Business. As you can see from these two examples, the due dates and filing frequency can . 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. Prior to joining us, Mr.Nicoletti served as Senior Vice President and Chief Financial Officer of Newell Brands, Inc., a leading global consumer goods company, since 2016. the Sponsors; commencing any liquidation, dissolution or voluntary bankruptcy, administration, recapitalization or Prior to that, Ms.Kasson held a variety of information technology roles at Procter and Gamble, from May 1992 to October 2008. Bway, which makes both plastic and metal rigid containers has 25 . appointment, as described under Employment Agreements below, vested in accordance with the terms described above. We enable farmers securing the world's food supply, provide solutions that keep industries running, enrich consumers' daily lives, and ensure safety in winter. Founded in 2014, Stone Canyon Industries is a private equity firm headquartered in Los Angeles, California. 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). We match 100% of the first 1% of accelerated vesting of an award, including in the event of retirement, death, disability or a change in control. Get the full list, To view Stone Canyon Industriess complete exits history, request access, Youre viewing 5 of 15 team members. 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 Because no financial statements have been included in this Amendment and this Amendment does not contain or amend any disclosure with respect to Items307and308ofRegulation S-K, paragraphs 3, 4 and 5 of the certifications have been omitted. options will be forfeited. 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 Sallie B. Bailey, a director since November 2018, previously served as the Executive Vice President and Chief Financial Awards other than cash awards granted after this offering will be subject to a minimum vesting schedule of at least 12 months after the grant compensation and oversight of the work of our independent registered public accounting firm. The report essentially tells the state that your LLC continues to exist and allows you to continue using your LLC name. 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. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. Director of Human Resources for BorgWarner Inc., a manufacturer of propulsion systems for combustion, hybrid and electric vehicles, from 1995 to 2008. participating employees. As part of the Corporate Conversion, we The financial performance objectives and actual fiscal 2020 performance as determined for purposes of the annual incentive award to Additionally, a discussion of the treatment of the Profits Interests in connection with our IPO is From our headquarters in Los Angeles, we are building a stronger future by helping people around the world live better. independent directors, (2)we have a nominating and corporate governance committee composed entirely of independent directors and (3)our compensation committee be comprised solely of independent directors. qualifying terminations of employment is described under Additional Narrative DisclosuresPotential Payments Upon Termination, Change in Control or Strategic Transaction below. Profits Interests were redeemable for no value. As of March31, 2020, the last business day of the See Post-IPO CompensationIPO Cash Bonus and Long-Term Incentive Awards for a description of the stock options and restricted stock units. Operating Manager IV, LLC, and the sole member of ACOF Operating Manager IV, LLC is Ares Management LLC. The address of Ontario Teachers Pension Plan Board is 5650 and option awards outstanding as of the end of the fiscal year ending September30, 2020 was: Ms.Bailey: 34,214; Mr.Hendrickson: 561,943; Mr.Pace: 6,469 and Mr.Spaly: 3,445. solutions to U.S. middle market companies and power generation projects. under the policy. Under these rules, more than one person may be deemed beneficial owner of operations, as well as the risks associated therewith. Mr.Heckes holds a B.S. Mr.Nicoletti also currently serves as a director and chairman of the audit committee of Arthur J. Gallagher& Co., a global insurance Their objective is to invest in market-leading companies with exceptional management teams to drive growth and achieve long-term capital appreciation. The Department of Justice announced today that Stone Canyon Industry Holdings LLC (Stone Canyon) and its portfolio company SCIH Salt Holdings Inc. (SCIH), which was previously named Kissner Group Holdings LP, will divest their entire evaporated salt business in order to proceed with their proposed acquisition of Morton Salt Inc. (Morton), among other assets. He holds a BA (Chartered Accounting) and a Master of Accounting from the University of Waterloo. long-term incentives held by the NEOs prior to our IPO consisted primarily of Profits Interests granted under the Partnership Agreement. With respect to awards of stock-settled stock appreciation Our certificate of incorporation and bylaws provide that we will indemnify each of our directors and officers to the fullest extent permitted See Narrative Disclosure to Summary Compensation TableLong-Term EBITDA(1) 25% Weighting, Building Products Segment Target Revenue 12.5% Weighting. October11, 2018, Mr.Singh was granted a long-term cash incentive, subject to certain time and performance vesting conditions. 4 were here. Since 2016, Mr.Rosenthal has served as a Co-Managing Owner and Director of The Audit Committee was responsible for determination and approval of audit fees primarily based on audit scope, with consideration of audit team skills and experiences. Historically Aggressive Strategy: In 2016, Stone Canyon Industries LLC (SCI) acquired MPS and has since made 7 acquisitions for aggregate consideration of approximately $3.36 billion. Includes 5,088,445 shares issuable upon the exercise of outstanding options and 184,851 shares issuable upon For the fiscal year ending September30, 2020, the financial performance component of the annual incentive Inc., Hangar, Inc., Jacuzzi Brands Corporation, Maidenform Brands, Inc., National Veterinary Associates, Inc. and Nortek, Inc. Mr.Singh was also granted 7,565 performance vested Profits Interests and 9,065 time vested Profits Interests. Mr.Rosenthal additionally serves as the Co-Chairman of the Board of Directors of Ares Capital Corporation, a specialty finance company that provides debt and equity financing The base salary earned by each of our NEOs during the year ended September30, 2020, is reflected in the Summary Compensation Table above. . The firm seeks to acquire businesses through buyouts. than a percentage of the annualized base salary rate as in effect at the end of the fiscal year. table provides compensation information for the year ended September30, 2020 for our principal executive officer and our two other most highly compensated persons serving as executive officers as of September30, 2020. Report Report. See Narrative Disclosure to Summary Compensation TableLong-Term IncentivesProfits Interests and Additional Narrative The number of shares underlying the Chair IPO Award were equal to 0.35% of our outstanding shares of common stock (on a fully diluted basis) on the completion of our IPO, and had an exercise Amendment as Exhibits 31.3 and 31.4. a Manager at Bain& Company, and worked at Procter& Gamble, where he focused on product development. Indemnification of Officers and Directors. expire at the annual meeting of stockholders to be held in 2021. 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 Last year, Bway was sold by Platinum Equity to Stone Canyon Industries LLC for $2.4 billion. 1:05. "We are excited to move to the next stage of SCIH's acquisition of the iconic Morton Salt brand and the family of K+S Americas products," saidJames Fordyce, Co-Chairman and Co-CEO of SCIH. Country: . of September30, 2020. Corporate Development for W. W. Grainger, Inc., an industrial supply company, from 2010 to December 2017. approximately 1,300 of our employees who did not own any shares of our capital stock immediately prior to IPO. vests on the third anniversary of grant subject to continued service (provided that the award will vest in the event that the directors service on the board ceases due to disability or retirement and a prorated portion of the award will vest With more than 25 years of experience in the performance polymers industry, Mr.Van Winter most recently served as Chief Executive Officer and Executive Vice President at Jindal Films Americas, LLC, a In the event of a change in control, the administrator may (i)provide for the assumption of or the issuance of substitute awards, Consistent with requirements of the SEC and the PCAOB regarding auditor independence, our audit committee is responsible for the appointment, level of counsel to the management team, specifically with respect to the development of our commercial and retail strategy. Stone Canyon Industries LLC is in exclusive talks to buy Mauser via BWAY Corp., an industrial-packaging company it owns, people familiar with the matter said. Relationships and Related Transactions, and Director IndependenceStockholders Agreement.. Brands Inc., a leading global consumer goods company, from 2001 to 2006. Except as otherwise noted including enterprise software development, managed service delivery, portfolio development and project execution. directors is charged with reviewing for approval or ratification all transactions with related persons (as defined in paragraph (a)of Item 404 of Regulation S-K) that are brought to the audit The parent company of Detroit's "salt city" has been acquired for $2 billion. the applicable percentage of shares of our common stock. statement. Such persons are required by SEC regulations to furnish us with copies of all such reports they file. approval. But the proposed acquisition came under scrutiny by . compensation expense. 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. With consolidated revenues of over $3 billion generated from several core industry verticals, SCI operates in over 160 locations throughout 18 countries. Stone Canyon Industries Holdings, a California industrial holding company, announced Wednesday it . All Profits Interests were subject to a clawback provision under which if a recipient willfully or intentionally materially breached, or On Immediately following the IPO, we granted an aggregate of 188,843 RSUs that will fully vest on the third anniversary of the IPO to certain members of our management. 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 The Partnership Agreement permitted committee is an independent director. For a description of the assumptions used to determine the compensation cost of these awards, see Note 13 to our Consolidated Financial Statements for the year ended September30, 2020 The administrator will issue a certificate in respect to the shares received a one-time award in the amount of $1,000,000, payable 50% in the form of cash and 50% in the form of common interests in the Partnership. If the administrator knowledge of our business and perspective of our day-to-day operations. January26, 2021. 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. Only one class of directors will be elected at each annual meeting of our stockholders, with the other classes continuing for the remainder of their respective three-year terms. Mr.Singh was granted a long-term cash incentive with a value of $765,046 on October11, 2018, which vests upon 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; connection with the commencement of his employment, each of the NEOs agreed to confidentiality, non-disparagement, non-competition and LOS ANGELES, April 30, 2021 /PRNewswire/ -- Stone Canyon Industries Holdings LLC ("SCIH"), Kissner Group Holdings minority owner and CEO Mark Demetree, and affiliates today announced they have . The firm prefers to invest in commercial products, commercial services, and manufacturing sectors. 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