CompUSA 2009 Annual Report Download - page 22

Download and view the complete annual report

Please find page 22 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

19
Washington, NY 11050.
(2)
Includes 2,137,166 shares owned by Mr. Leeds directly, 922,515 shares owned by the Bruce Leeds 2008 GRAT and 1,997,020
shares owned by the Bruce Leeds 2009 GRAT.
Also includes 3,624,434 shares owned by trusts for the benefit of his brothers’
children for which Bruce Leeds acts as co-
trustee and 519,800 shares owned by a limited partnership in which Bruce Leeds has
an indirect pecuniary interest.
Mr. Leeds’ mailing address is Bruce Leeds, c/o Systemax Inc., 11 Harbor Park Drive, Port
Washington, NY 11050.
(3)
Includes 137,168 shares owned by Mr. Leeds directly, 1,623,651 shares owned by the Robert Leeds 2008 GRAT and 3,669,826
shares owned by the Robert Leeds 2007 GRAT.
Also includes 4,048,276 shares owned by trusts for the benefit of his brothers’
children for which Robert Leeds acts as co-
trustee and 519,800 shares owned by a limited partnership in which Robert Leeds has
an indirect pecuniary interest.
Mr. Leeds’ mailing address is Robert Leeds, c/o Systemax Inc., 11 Harbor Park Drive, Port
Washington, NY 11050.
(4)
Includes options to acquire a total of 546,669 shares that are exercisable immediately pursuant to the Company’ s 1999 Long-
Term Stock Incentive Plan
(5)
Includes options to acquire a total of 100,000 shares that are currently exercisable pursuant to the terms of the Company’ s 1999
Long-Term Stock Incentive Plan.
(6)
Includes options to acquire a total of 11,000 shares that are exercisable immediately pursuant to the terms of the Company’ s 1995
Stock Plan for Non-Employee Directors.
(7)
Includes options to acquire a total of 18,500 shares that are exercisable immediately pursuant to the terms of the Company’ s 1995
Stock Plan for Non-Employee Directors
(8)
Includes options to acquire a total of 5,000 shares that are exercisable immediately pursuant to the terms of the Company’ s 2006
Stock Incentive Plan for Non-Employee Directors.
(9)
Based on information supplied by Thomas W. Smith, Scott J. Vassalluzzo, and Stephen M. Fischer in a Schedule 13G filed with
the SEC on February 16, 2010. The address of each of these individuals is 323 Railroad Avenue, Greenwich, Connecticut 06830.
Messrs. Smith, Vassalluzzo and Fischer have the shared pow
er to vote or dispose or to direct the vote or the disposal of
2,158,861, 2,158,861 and 2,082,861 shares, respectively. In addition, Mr. Smith has the sole power to vote or to direct the
vote
of 407,000 shares and the sole power to dispose or to direct th
e disposition of 420,700 shares, Mr. Vassalluzzo has the sole
power to dispose or to direct the disposition of 100,000 shares and Mr. Fischer has the sole power to vote or to direct the v
ote of
and to dispose or to direct the disposition of 1,000 shares.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Exchange Act requires the Company’ s executive officers and Directors and persons who own more than
ten percent of a registered class of the Company’ s equity securities to file reports of ownership and changes in ownership with the
Securities and Exchange Commission. Executive officers, Directors and ten-percent stockholders are required by SEC regulation to
furnish the Company with copies of all Section 16(a) forms they file. Based solely on its review of the copies of Section 16(a) forms
received by it, or written representations from certain reporting persons, the Company believes its executive officers, Directors and ten-
percent stockholders complied with all such filing requirements for fiscal year 2009, except for the inadvertent failure to timely file
Form 4’s on behalf of certain executive officers and/or directors as follows: a Form 4 filed on April 13, 2009 on behalf of Gilbert
Fiorentino concerning two transactions; a Form 4 filed on June 24, 2009 on behalf of Robert D. Rosenthal concerning two transactions;
a Form 4 filed on June 24, 2009 on behalf of Stacy Dick concerning one transaction on; a Form 4 filed on August 19, 2009 on behalf of
Thomas Axmacher concerning one transaction; and a Form 4 filed on August 19, 2009 on behalf of Curt Rush concerning one
transaction. All the late filings were effected within 14 days of the required filing date.