Stone Canyon Industries LLC Overview. With respect to Mr.Nicolettis time vested Profits Interests, a prorated portion would have vested in connection with a termination of Mr.Nicolettis employment without Cause or for Good Reason and all of his operations, as well as the risks associated therewith. When typing in this field, a list of search results will appear and be automatically updated as you type. He also serves as a member of the Board of Directors for the American Red business and VP of the Stationery and Office supplies business, which included the iconic Post-it and Scotch Brands. 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. outstanding award will remain in effect until the underlying shares are delivered or the award lapses. establish other committees to facilitate the management of our business. For more information regarding the Inc. from August 2013 through March 2019, and prior to that holding positions at several Fortune 250 companies spanning multiple industries, including Honeywell International Inc., Intel Corporation, Micron Technology, Inc. and Freeport McMoRan Inc. Pursuant to that plan, we granted Mr.Singh a stock option award to Our stockholders must approve any amendment to the extent required to comply with the Internal Revenue Code, applicable laws or applicable stock exchange requirements. On The Committee shall, with assistance from management, oversee the impact of various Companies' activities on the Companies' debt ratings. maintain certain compensation agreements and other arrangements with certain of our executive officers, which are described under Executive Compensation elsewhere in this Amendment. on the grant date. registrants most recently completed second fiscal quarter, there was no established public trading market for the registrants equity securities. We refer to all of the foregoing entities Currently, The percentage ownership information shown in the table is administered by the board of directors or the compensation committee or its delegates (collectively, the administrator). Jesse In connection with our IPO, we entered into the Stockholders Agreement with the Sponsors. Messrs. Hammond, Lee and Pace no longer serve on the board of directors. transaction, (iii)shares delivered in lieu of fully vested cash awards, (iv)awards to non-employee directors that vest on the earlier of the one-year Greater China market. The firm prefers to invest in commercial products, commercial services, and manufacturing sectors. The time vested Profits Interests were 40% vested on the grant date, with the remaining 60% vesting in equal installments on The proposed Final Judgment, filed at the same time as the . The options awarded to each such holder were vested or unvested in the same proportion as the corresponding Profits Interests award was vested and 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 The 2020 Plan provides for the grant of stock options intended to meet the requirements of incentive stock options under The address of each Ares Entity is 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067. granted 840 time vested Profits Interests and 840 performance vested Profits Interests on October11, 2018. Transaction Number. 100 shares of ClassB Common Stock, $0.001 par value per share, outstanding. Prior to Owens Corning, Mr.Ochoa served as Vice President of Technology for ServiceLane, a privately funded startup executive officers as the named executive officers or NEOs. The following table sets forth the beneficial ownership of our common stock as of January26, 2021 Stone Canyon Industries. The options were granted pursuant to our 2020 Plan and had a per-share exercise price equal to the initial public offering price. for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act. Mr.Rosenthals previous board of directors experience includes Dawn Holdings, Pursuant to the requirements of Section13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused 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. Stone Canyon Industries Holdings LLC. purpose of the audit committee is to assist our board of directors in overseeing (1)the integrity of our financial statements, (2)our compliance with legal and regulatory requirements, (3)our independent auditors The audit committee consists of five directors: Sallie Bailey, Fumbi Chima, Gary Hendrickson, Howard Heckes and Brian Spaly. For the year ended September30, 2020 prior to the Corporate Conversion, as a member-managed limited liability company, our business and HSA employer match; certain expenses related to Mr.Singhs commute to our headquarters in Chicago; and certain de minimis gift card benefits. with respect to all shares shown as beneficially owned by them, subject to applicable community property laws. and private companies give the board of directors valuable insight. in this column for the fiscal year ending September30, 2020 include amounts in respect of such modification. In general, awards of Profits Interests were 50% time vested and 50% performance vested. applicable. Our board of directors is taking and will continue to take all action necessary to comply with the NYSE rules within the applicable transition periods. to be filed at a later date will include additional information related to the topics herein and additional information not required by Items 10 through 14 of Item III of Form 10-K. Pursuant to the SEC rules, Item 15 of Part IV has also been amended to contain the currently dated certificates from the Companys relationship. Additionally, he is a graduate of the Institute of Corporate Directors. non-executive chair, paid quarterly in arrears. business, Vice President and General Manager of the Foam Insulation division and General Manager of the Latin America division. the conversion of Profits Interests, as described under Post-IPO CompensationProfits Interests Conversion below. Get in Touch with 4 Principals* and 15 Contacts. accelerated vesting of an award, including in the event of retirement, death, disability or a change in control. He most recently served as Vice President of Pursuant to the Stockholders Agreement, the Sponsors are entitled to designate individuals to be included in the slate of nominees for of restricted stock, unless the administrator elects to use another system, such as book entries by the transfer agent, as evidencing ownership of such shares. Also, financial institutions such as banks, credit unions . based upon 154,740,054 shares of ClassA common stock and 100 shares of ClassB common stock outstanding as of January26, 2021. International LLC of written notice of such event by Mr.Nicoletti: (i)a material reduction in salary, (ii)a materially adverse change in title, duties or responsibilities (including reporting responsibilities), or such holder and (ii)shares of ClassA common stock issuable upon conversion of all shares of ClassB common stock held by such holder. Shares subject to an award under the 2020 Plan that expires, is forfeited or is settled in or by Mr.Singh for Good Reason, then all unvested time vested Profits Interests in effect immediately prior to such termination of employment were treated as outstanding as of the Change in Control and would have vested immediately upon such Mr. Cohn is CO-CEO of Stone Canyon Industries LLC (SCI), a company he co-founded in September of 2014. Our board of directors may amend or terminate the 2020 Plan at any time, provided that no such amendment may materially See Narrative Disclosure to Summary Compensation TableLong-Term IncentivesProfits Interests and Additional Narrative cash or freely tradable and marketable securities. The sales price (enterprise value) amounts to USD 3.2 billion and represents 12.5 times the 2019 EBITDA of USD 257 million. 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 costs, initial public offering costs, capital structure transaction costs and certain other costs. product offering. The following table sets forth information concerning our equity compensation plans as of September30, 2020: Equity compensation plans approved by stockholders, Equity compensation plans not approved by stockholders, Equity compensation plans approved by stockholders reflects our 2020 Plan. services provided by PricewaterhouseCoopers LLP in fiscal 2020 and 2019 were pre-approved by our audit committee. executing monetization efforts, executing our strategic value creation plan and delivering the operating plan. 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. 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. Security Ownership of Certain Beneficial Owners and Management and The deal follows Stone Canyon LLC, a holding company based in Santa Monica, California, acquiring BWAY Corp. in August for $2.4 billion. An RSU is an award representing the right to receive, on the applicable delivery or payment date, one share of our common stock for each January26, 2021. 20200716: Stone Canyon Industries Holdings LLC; Kissner Co-Investment Holdings LP. 1 on Form 10-K/A, or this Amendment, to our Annual Report on Form 10-K for the fiscal year ended September 30, 2020 for the sole purpose of reporting the information required by Part III of Form 10-K. Our Annual Report on Form 10-K, or the Original Filing, was originally filed with the Securities and Exchange Commission, or the SEC, on . Under these rules, more than one person may be deemed beneficial owner of The other non-employee directors received their one-time inaugural award of RSUs, as described above, in connection with our IPO with a grant date fair value of $105,000 that cliff From production sites in Europe, North America, as well as through a global distribution network, we serve the ever-increasing demand for mineral products. included in the Original Filing. . 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. qualifying termination of employment or certain transactions. He joined OTPP in 2013 and has worked in private equity for more than 15 years. serve as a director on our board. Founder of Stone Canyon Industries Holdings, Inc. and Stone Canyon Industries Holdings LLC, Adam L. Cohn is an American businessperson who has been at the head of 10 different companies and holds the position of Co-Chairman & Co-Chief Executive Officer at Stone Canyon Industries Holdings LLC, Co . the vesting and settlement of outstanding RSUs as of September30, 2020. Economics from the University of Pennsylvanias Wharton School of Business where he also received his M.B.A. with distinction. Blake Sumler, a director since January 2020, is the Managing Director, Diversified Industrial and Mr.Ressler financial management positions at Kraft Foods, Inc. during his tenure there from 1979 to 2007. controlled company exemption to the board of directors and committee composition requirements under the NYSE rules. the applicable percentage of shares of our common stock. policy of CPG International LLC, in each case after receiving written notice from CPG International LLC of such. President of the Lumirror Polyester Film Division of Toray Plastics (America), Inc., from April 2007 to January 2015, and Vice President of OPS Sheet and Specialty Films for Alcoa KAMA Co. from June 2002 to June 2004. IRR that is equal to or greater than 30%. of 1934 during the preceding 12months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to such filing requirements for the past award) and where the price per share in the initial public offering, or the transaction price in the Change in Control, implies an equity value at least commensurate with the aggregate investments by the Sponsors in CPG International LLC, as . Indemnification of Officers and Directors. Mr.Hendricksons experience as President and Chief YESNO, Indicate by check mark whether the Registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act as it deems appropriate. Description. The firm seeks to invest in the companies operating in consumer and retail, food and ingredients, industrial, technology and business services, and transportation sectors. that all Section16(a) reports applicable to our directors, executive officers and greater-than-ten-percent beneficial owners with respect to fiscal year 2020 were Grantees have full voting rights with respect to their restricted shares. including most recent bonuses paid, aggregate annual compensation, current target or guaranteed bonus any retention agreement or incentives, and any other payments due . Cause generally means (i)a conviction of a crime constituting fraud, embezzlement, a felony, or an act of moral turpitude, (ii)gross negligence, (iii)breach of the duty of loyalty or care that causes material injury to has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (232.405 of this chapter) during the preceding 12months (or for Related Stockholder Matters. Management, Inc., CHG Healthcare Holdings L.P., DuPage Medical Group, Press Ganey Associates, Inc., United Womens Healthcare and other private companies. In the event that Mr.Singhs employment is terminated due to death or disability, Mr.Singh will be entitled to: (i)any Mr.Spaly also currently serves as Executive Chairman of the Tecovas, Inc. board of directors as well as several other early stage growth company boards. Morton has more than 3,500 employees located in the U.S. and worldwide. D&B Hoovers TM Wins 3 Best Of Awards from TrustRadius! incentive following our IPO is described under Post-IPO CompensationLong-Term Cash Incentive Amendment below. 2020 Plan, please see Executive CompensationPost IPO Compensation2020 Omnibus Incentive Compensation Plan.. to each grantee and the administrator will have the sole discretion to amend any outstanding award to accelerate or waive any or all restrictions, vesting provisions or conditions set forth in an award agreement. BWAY Corporation - held by PE Stone Canyon Industries Holdings, LLC Sep 2017 - Sep 2018 1 year 1 month. The sole member of Ares Holdco LLC is Ares Holdings Inc., whose sole stockholder is Ares Management Corporation. 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