In the event of a Change in Control, when the aggregate Proceeds received by each of the Sponsors resulted in an Read the 9th Annual B2B Sales & Marketing Data Report New: B2B Data Report! CPG International LLC entered into an employment agreement with Mr.Ochoa, dated as of July15, 2017, pursuant to which Mr.Ochoa serves as the President, AZEK Building Products. report required to be included in our proxy statement under the rules and regulations of the SEC. Prior to joining Jindal Films America, Mr.Van Winter served as General Manager and Senior Vice Management is responsible for the day-to-day management of the The Stockholders Agreement also provides for the nomination to our board of directors, subject to his or her election by our stockholders at the annual meeting, of our Chief Executive Officer. 60% time vesting in equal installments on May26 of each of 2019, 2020 and 2021, subject to continued employment through each vesting date. terms of awards to add events or conditions upon which the vesting of such awards will accelerate, (iv)deem any performance conditions satisfied at target, maximum or actual performance through closing or provide for the performance conditions Following the IPO, Each of the members of the board of managers expressly disclaims beneficial ownership of our shares of stock owned by Ares IV. subject to continued employment through the vesting date: When the aggregate proceeds (in the form of cash and marketable securities), or Proceeds, received by each of the person who owns greater than or equal to 10% of our common stock then outstanding that are material or involve aggregate payments or receipts in excess of $500,000; amending, modifying or waiving any provision of our organizational documents in a manner that adversely affects Report Report. All Profits Interests were subject to a clawback provision under which if a recipient willfully or intentionally materially breached, or With respect to awards of stock-settled stock appreciation controlled company exemption to the board of directors and committee composition requirements under the NYSE rules. Mr.Ressler compensation program that provides the following compensation for non-employee directors: An annual cash retainer of $70,000, paid quarterly in arrears; An annual equity award of RSUs granted in connection with each annual shareholders meeting with a grant date fair eligible to register shares on Form S-3. The options will vest ratably over four years beginning on the first anniversary of the grant and have a If either Sponsor owns less than 10% of the outstanding shares of our common stock, such action will not be subject to restricted shares of ClassA common stock granted under our 2020 Plan, which remain eligible to vest generally pursuant to the same time-based and performance-based vesting conditions as the Profits Interests for which they were exchanged, as each person, or group of affiliated persons, who is known by us to beneficially own more than 5% of our The beneficial ownership information presented below does not include shares issuable upon the exercise of options to purchase shares of ClassA common stock in each case that will vest outside of such 60-day period. Following our IPO, we granted certain restricted stock unit and option awards to the NEOs, as described under securities to persons who possess sole or shared voting power or investment power with respect to those securities, or have the right to acquire such powers within 60 days. D&B Hoovers TM Wins 3 Best Of Awards from TrustRadius! The options awarded to each such holder were vested or unvested in the same proportion as the corresponding Profits Interests award was vested and DisclosuresPotential Payments Upon Termination, Change In Control or Strategic Transaction for a description of the Profits Interests vesting terms. We enable farmers securing the world's food supply, provide solutions that keep industries running, enrich consumers' daily lives, and ensure safety in winter. on June12, 2020. options will be forfeited. Fumbi Chima, a director since November 2020, is the Executive Vice President and Chief Information Officer at BECU, a Eligibility; Limits on Compensation to Non-Employee Directors. The restricted shares and stock options received upon our NEOs received upon conversion of their vested and unvested Profits Interests in the IPO. He also serves as a member of the Board of Directors for the American Red Post-IPO CompensationIPO Cash Bonus and Long-Term Incentive Awards below. Purchases of Products in the Ordinary Course of Business. strategic transaction, as determined by AOT Building Products GP Corp. in its sole discretion, in which the consideration received by the Partnership or its subsidiaries consists of the stock of another entity. SCIH was founded by Co-CEOsAdam CohnandJames Fordyce. principal executive officer and principal financial officer pursuant to Section302 of the Sarbanes-Oxley Act of 2002. and for Mr.Ochoa, continued base salary and half of Mr.Ochoas target bonus for 12 months following termination. applied to the Profits Interests. www.mortonsalt.com. Jose Ochoa is currently serving as our President, Residential Segment. Public asset : 57,989 USD. In connection with our IPO, we adopted a new director From production sites in Europe, North America, as well as through a global distribution network, we serve the ever-increasing demand for mineral products. And going forward, the combined company will be known as Morton Salt.". Mr.Hendrickson is expected to provide enhanced duties beyond those typically provided by a non-executive chair of a board of directors, including providing support, advice and counsel on special projects Narrative Disclosure to Summary Compensation Table. We believe that none of the transactions with such persons is significant enough to be considered material to such persons or to us. Includes 21,182 shares of ClassA common stock subject to options exercisable within 60 days of 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 Washington-based community credit union, and has served in that role since October 2020. Acquiring Party. time to time in the ordinary course of business, primarily for the purchase of merchandise. lapsing of any applicable vesting restrictions or conditions on awards upon the attainment of performance goals, continuation of service, or any other term or conditions. Profits Interests award as described in Note 1 to this table above. 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. Get the full list, To view Stone Canyon Industriess complete exits history, request access, Youre viewing 5 of 15 team members. We believe that Mr.Leemrijses extensive experience in the financial industry as well as the management of private equity in particular and his experience as a director of other public year ended September30, 2020. more details. Vice President and Chief Financial Officer of Tiffany and Co., a design and manufacturer of jewelry, watches and luxury accessories from April 2014. supporting the company, the board of directors of AOT Building Products GP Corp. approved the award of a one-time grant of options to purchase shares of our ClassA common stock (the Chair IPO Award) to benefits to each of the NEOs are subject to his execution of a release in our favor and compliance with post-employment restrictive covenants. risks facing our company, while our board of directors, as a whole and through its committees, has responsibility for the oversight of risk management. The change was treated as a modification under ASC 718, Stock Compensation, resulting in incremental compensation expense. 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. execution and portfolio management for OTPPs direct private equity investments in the industrials and energy sectors. failed to correct a material breach of, any non-competition, non-solicitation or non-disclosure covenant to which he or she was executing monetization efforts, executing our strategic value creation plan and delivering the operating plan. For the year ended September30, 2020 prior to the Corporate Conversion, as a member-managed limited liability company, our business and The following table shows all outstanding equity awards held by each of the NEOs as of September30, 2020. Summary. On April 19, 2021, the United States filed a Complaint alleging that the acquisition of Morton Salt, Inc. by SCIH Salt Holdings Inc. (''SCIH'') would violate Section 7 of the Clayton Act, 15 U.S.C. The market value of shares or units that have not vested was calculated using a price per share of ClassA Stone Canyon Industries, LLC Senator William H. Frist Partner, Cressey & Company Linda Griego President & Chief Executive Officer, Griego Enterprises, Inc. David W. Joos . Prior to joining OTPP, Mr.Qadri was a Vice President at Morgan Stanley Private Equity from 2012 to 2014, with roles based in both New York and London. Win whats next. Annual Registration Report. We refer to these focused on home services, where he established a national network for home maintenance with Lowes Home Improvement Center. Stone Canyon Industries General Information. Sign-on Grants. Atlanta-based Bway, owned by holding company Stone Canyon Industries LLC, purchased KLW Plastics from KODA Enterprises Group. In addition, if a Change in Control occurs within six months following a termination of Mr.Singhs employment by CPG satisfied the performance criteria described above if a Change in Control occurred within 180 days after the termination of his employment without Cause. Dividend equivalent rights may be paid in cash, in shares of in January 2020. 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. Mr.Sumler is a CPA and a Description. For the year ended September30, 2020, our NEOs were compensated through a combination of the following components: base salary, annual Phone Number 310-788-2850. Co-Founder of Ares and a Director and Partner of Ares Management Corporation and Co-Chairman of the Ares Private Equity Group. common stock on the grant date), multiplied by the number of shares subject to the SAR. equity firm focused on buyouts and growth capital investments in Canada. shares. K+S considers itself a customer-focused, independent supplier of mineral products for the Agriculture, Industry, Consumers, and Communities segments. consideration, except in connection with certain corporate events and (iii)any other action that would be treated as a repricing under applicable stock exchange rules. as our President, Commercial Segment. January26, 2021. cash incentive opportunity, long-term incentive awards and employee benefits. September30, 2019 reflect the aggregate grant date fair value of performance vested and time vested Profits Interests granted in the fiscal year ending September30, 2019. evaluating investments in companies operating in various industries and his in-depth understanding of our business led to the conclusion that he should serve as a director on our board. Mr.Hirshorn holds a B.S. provided CPG International LLC with at least 30 days to cure (to the extent curable). The target annual incentive opportunity, expressed as a percentage of an NEOs base salary, was established in each NEOs employment a termination of employment due to an NEOs resignation without Good Reason prior to the third anniversary of the date on which the Profits Interests were granted, or the termination of the NEOs employment for Cause at any time, vested Fitch Ratings-New York-15 August 2019: Fitch Ratings has assigned Mauser Packaging Solutions Intermediate Company, Inc. (MPS) a first-time, Long-Term Issuer Default Rating (IDR) of 'B'. Mr.Gentile was an Operations Leader for Gardner Bender, a manufacturer of electrical and wire management products, from April 2006 to April 2009. fair value of stock options and restricted stock units granted in connection with our IPO. BFV is a consumer-focused venture capital fund investing in early stage companies creating innovative products and services most commonly sold Board Composition and Risk Management Practices. Upon the closing of our IPO, each current employee of CPG International LLC who received shares in exchange time after a termination of employment would have vested on such termination. Prior to SCI, from March 2000 to September 2014, Mr. Cohn was a partner at Knowledge Universe (KU), where he served as head of mergers and acquisitions and business development for KU and its portfolio . Additionally, certain time vested Profits Interests that were scheduled to vest within a period of Stone Canyon Industries Holdings LLC, Civil Action No. The deal follows Stone Canyon LLC, a holding company based in Santa Monica, California, acquiring BWAY Corp. in August for $2.4 billion. granted to Messrs. Singh and Nicoletti vest as described under Long-Term IncentivesProfits Interests.. election to our board of directors as follows: for so long as the Sponsors collectively own 50% or more of the outstanding shares of our common stock, the LOS ANGELES, April 30, 2021 /PRNewswire/ -- Stone Canyon Industries Holdings LLC ("SCIH"), Kissner Group Holdings minority owner and CEOMark Demetree, and affiliates today announced 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. Gim c: (ng) Dng Thanh Hi, a ch: Khi ph Tin Tin, Phng . Prior to joining Valspar, Mr.Heckes held various leadership roles at Newell Rubbermaid, including President of Sanford Brands and President of Graco Contact Email info@stonecanyonllc.com. In the event that Mr.Singhs employment is terminated due to death or disability, Mr.Singh will be entitled to: (i)any Founded in 2014, the company focuses on acquiring market-leading companies with strong . An additional annual cash retainer of $50,000 for serving as our Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated The information contained in the following table is not necessarily indicative of beneficial ownership for any 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. The plant manufactures aerosol cans and operates a painting line. Accordingly, the definitive proxy statement The amounts in this row represent the restricted shares of ClassA common stock issued in connection with the University of Iowa. [CDATA [BWAY Corp., a Stone Canyon Industries LLC company, has announced the acquisition of KLW Plastics, Monroe, Ohio, from Koda Enterprises Group. In April 2017, MPS paid approximately $2.27 billion to acquire CD&R Millennium HoldCo 2 B.V. (Mauser). In recognition of this responsibility, our audit committee pre-approves all audit and In general, awards of Profits Interests were 50% time vested and 50% performance vested. 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 His understanding of our business and broad experience led us to conclude that he should serve as a director on our board. $1.1B in annual revenue, 40+ locations, 16 . 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 We have adopted a Code of 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 These services may include audit services, audit-related services, tax services and other services. On 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. 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 liabilities which may arise under the Securities Act. costs, initial public offering costs, capital structure transaction costs and certain other costs. 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. The following greater of up to six directors and the number of directors comprising a majority of our board; and. YESNO. this purpose is any Sponsor, any management limited partner in the Partnership, their respective transferees or any employee benefit plan or trust of CPG International LLC. 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 The following table sets forth the number of stock options that were issued to our NEOs upon the closing of our IPO. 8 Aug 2007. Looking for information on your own credit? Stone Canyon Industries LLC. An Excluded Entity for These amounts do not reflect new equity awards granted in the fiscal year. occurred within six months following a termination of Mr.Singhs employment by CPG International LLC without Cause or by Mr.Singh for Good Reason, then all unvested performance vested Profits Interests would be treated as 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 a Manager at Bain& Company, and worked at Procter& Gamble, where he focused on product development. He currently serves on the board of multiple OTPP portfolio companies, including Trivium Packaging B.V., Stone Canyon sfidalgopereira@blg.com. fundamental financial statements, are familiar with finance and accounting practices and principles and are financially literate. Sallie B. Bailey, a director since November 2018, previously served as the Executive Vice President and Chief Financial We believe that the leadership structure of our board of directors provides appropriate risk oversight of our activities given the interests held by the Sponsors. Prior to that, Mr. Xem thm 9395 cng ty ging Khu cng nghip Bc Qy, Phng Thch Qu, Thnh ph H Tnh, H . Our board of directors may amend or terminate the 2020 Plan at any time, provided that no such amendment may materially Toronto. Prior to joining us, Mr.Ochoa spent 15 years at Owens Corning, a developer and producer of insulation, roofing and fiberglass composites, in various roles. Luminant Worldwide Corp. before its initial public offering. We strive for sustainability because we are deeply committed to our responsibilities towards people, the environment, communities, and the economy in the regions in which we operate. the applicable percentage of shares of our common stock. 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