Print Page  Close Window

SEC Filings

DEF 14A
ACETO CORP filed this Form DEF 14A on 10/20/2017
Entire Document
 << Previous Page | Next Page >>

 

 

The following table sets forth the compensation of our non-employee directors for the fiscal year ended June 30, 2017.

 

DIRECTOR COMPENSATION 
  
Name  Fees
Earned or
Paid in
Cash($) (1)
   Stock
Awards($)(2)
   Total($) 
Hans C. Noetzli  $89,500   $70,000   $159,500 
                
William N. Britton   108,500    70,000    178,500 
                
Natasha Giordano   96,500    70,000    166,500 
                
Alan G. Levin   120,750    70,000    190,750 
                
Dr. Daniel B. Yarosh   88,250    70,000    158,250 
                
William C. Kennally, III   94,875    87,500    182,375 

 

Directors also receive reimbursement for expenses incurred in connection with meeting attendance.

 

(1) Includes payments made in fiscal 2017 for attendance at certain meetings held at the end of fiscal 2016 and does not include payments for attendance at certain meetings held at the end of fiscal 2017 for which payments will be made in fiscal 2018. There were no option grants awarded to directors in fiscal 2017.

 

(2) Amounts shown in this column reflect the aggregate grant date fair value of restricted stock awards granted during the year computed in accordance with generally accepted accounting principles.

 

The following is a list of the outstanding options and restricted stock awards held by each of our non-employee directors as of June 30, 2017:

 

   Option Awards (#)   Stock Awards (#) 
Hans C. Noetzli   -    3,467 
William N. Britton   6,199    3,467 
Natasha Giordano   -    3,467 
Alan G. Levin   -    3,467 
Dr. Daniel B. Yarosh   -    3,467 
William C. Kennally, III   -    4,334 

 

All such director options were granted at the fair market value determined on the date of grant.

 

Mr. Kennally ceased to be a non-employee director, and became an employee-director, effective as of October 2, 2017.

 

Compensation Committee Interlocks and Insider Participation

 

None of the independent directors responsible for compensation matters has ever served as an officer or employee of the Company or any of our subsidiaries. During the last fiscal year, none of our senior executives served on the Board or committee of any other entity whose officers served either on our Board or Compensation Committee. During the last fiscal year, none of the members of the Compensation Committee had a direct or indirect material interest in any transaction in which the Company was a participant and the amount involved exceeded $120,000.

 

 37 
 << Previous Page | Next Page >>