Tucows 2014 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2014 Tucows 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.-
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 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
 |
 |
ITEM 11. EXECUTIVE COMPENSATION
Summary compensation table
The following Summary Compensation table provides a summary of the compensation earned by the chief
executive officer, Elliot Noss, and our two other most highly compensated executive officers for services rendered in all
capacities during 2014. Specific aspects of this compensation are dealt with in further detail in the tables that follow. All
dollar amounts below are shown in U.S. dollars. If necessary, amounts that were paid in Canadian dollars during the 2014
fiscal year were converted into U.S. dollars based upon the exchange rate of 1.1051 Canadian dollars for each U.S. dollar,
which represents the average Bank of Canada exchange rate for 2014.
Name and Principal Position Year
Salary
($)
Bonus
($)
Stock
Awards
($)
Option
Awards
($)
All Other
Compensation
($)
Total
($)
(a) (b) (c) (d) (f) (i) (j)
Elliot Noss 2014 343,589 182,754 — — 9,501 535,844
President and Chief Executive
Officer 2013 357,157 194,302 — 103,400 10,176 665,035
Michael Cooperman 2014 269,206 128,121 — — 11,130 408,457
Chief Financial Officer 2013 279,824 135,284 — 51,700 11,920 478,728
David Woroch 2014 224,143 134,834 — — 7,872 366,849
Vice President, Sales 2013 233,017 140,372 — 51,700 8,431 433,520
(1) Represents bonus earned during the fiscal years ended December 31, 2014, 2013 and 2012.
Of the 2014 amount, the following amounts will be paid in February 2015:
Elliot Noss $ 89,169
Michael Cooperman $ 66,466
David Woroch $ 71,715
Of the 2013 amount, the following amounts were paid in February 2014:
Elliot Noss $ 100,094
Michael Cooperman $ 73,450
David Woroch $ 75,746
(2) Represents the aggregate grant date fair value of such awards, calculated in accordance with FASB ASC 718.
Please see N11 entitled “Stock Options” in the notes to our audited financial statements, for a discussion of the
assumptions underlying these calculations.
(3) Represents the aggregate grant date fair value of such awards, calculated in accordance with FASB ASC 718.
Please see Note 11 entitled “Stock Options” in the notes to our audited financial statements, for a discussion of
the assumptions underlying these calculations.
(4) Amounts reported in this column are comprised of the following items:
Year Additional
Health
Spending
Credits
Car
Allowance
($)
Health
Club
Membership
($)
All Other
Compensation
($)
(1) (2) (3) (4)
Page 12
4
of 20
2
tcx20141231_10k.ht
m
9
/
13
/
201
6
https://www.sec.gov/Archives/edgar/data/909494/000143774915004707/tcx20141231_10...