CompUSA 2009 Annual Report Download - page 21

Download and view the complete annual report

Please find page 21 of the 2009 CompUSA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 116

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

18
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
OWNERS AND MANAGEMENT
The following table provides certain information regarding the beneficial ownership of the Shares as of April 22, 2010, by (i) each
of the Directors, (ii) each of the named executive officers listed in the summary compensation table, (iii) all current Directors and
officers as a group and (iv) each person known to the Company to be the beneficial owner of more than 5% of any class of the
Company’ s voting securities.
As used in this table “beneficial ownership” means the sole or shared power to vote or direct the voting or to dispose or direct the
disposition of any security. A person is deemed as of any date to have “beneficial ownership” of any security that such person owns or
has a right to acquire within 60 days after such date. Any security that any person named above has the right to acquire within 60 days
is deemed to be outstanding for purposes of calculating the ownership percentage of such person, but is not deemed to be outstanding
for purposes of calculating the ownership percentage of any other person. Unless otherwise stated, each person owns the reported
shares directly and has the sole right to vote and determine whether to dispose of such shares.
A total of 36,667,264 Shares were outstanding as of April 22, 2010.
Directors and Executive Officers
Amount and
Nature of
Beneficial
Ownership
(a)
Percent of
Class
Richard Leeds (1)
12,702,100
34.6
%
Bruce Leeds (2)
9,200,935
25.1
%
Robert Leeds (3)
9,948,721
27.1
%
Gilbert Fiorentino (4)
846,669
2.3
%
Lawrence Reinhold (5)
106,000
*
Robert D. Rosenthal (6)
52,238
*
Stacy Dick(7)
25,238
*
Marie Adler-Kravecas(8)
7,010
*
All current Directors and executive officers of the Company (11
persons)
25,902,431
69.3
%
Other Beneficial Owners of 5% or More of the Company’s
Voting Stock
Thomas W. Smith(9)
2,579,561
7
%
(a)
Amounts listed in this column may include shares held in partnerships or trusts that are counted in more than one individual’ s
total.
*
less than 1%
(1)
Includes 1,136,666 shares owned by Mr. Leeds directly, 1,297,845 shares owned by the Richard Leeds 2008 GRAT and
3,335,306 shares owned by the Richard Leeds 2007 GRAT.
Also includes 1,838,583 shares owned by a limited partnership of
which Richard Leeds is
the general partner, 235,850 shares owned by a limited partnership of which a limited liability company
controlled by Mr. Leeds is the general partner, 4,338,050 shares owned by trusts for the benefit of his brothers’ children fo
r
which Richard Leeds acts as co-
trustee and 519,800 shares owned by a limited partnership in which Richard Leeds has an
indirect pecuniary interest. Mr. Leeds’ mailing address is Richard Leeds, c/o Systemax Inc., 11 Harbor Park Drive, Port