AmBase Corp
For the period ended Jun 4, 2024. Filed Apr 3, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 4, 2024 · Filed Apr 3, 2024
ABCPStored price and day change unavailable
Contents
Summary Compensation Table (a)
| Name and Principal Position · Year · ($) Salary · ($) Bonus · ($) (c) All Other Compensation · ($) Total | ||||||
|---|---|---|---|---|---|---|
| Richard A. Bianco, Chairman | 2023 | $440,000 | $ | - | $98,735 | $538,735 |
| President and Chief Executive | 2022 | $440,000 | $ | - | $94,519 | $534,519 |
| Officer (b) | ||||||
| John Ferrara, Vice President | 2023 | $235,000 | $ | - | $44,324 | $279,324 |
| Chief Financial Officer & | 2022 | $235,000 | $ | - | $41,084 | $276,084 |
| Controller | ||||||
| Joseph R. Bianco | 2023 | $116,000 | $ | - | $47,002 | $163,002 |
| Treasurer | 2022 | $116,000 | $ | - | $43,774 | $159,774 |
| (a) | The columns relating to “Stock Option Awards,” “Stock Awards,” “Non-Equity Incentive Plan Compensation,” and “Non-qualified Deferred Compensation Earnings” have been omitted because no compensation required to be reported in these columns were awarded to, earned by, or paid to any of the Named Executive Officers with respect to 2023 or 2022. |
|---|---|
| (b) | See the discussion under the heading “Employment Contracts” below for information relating to the 2007 Employment Agreement between Mr. R. A. Bianco and the Company and the amounts which could be payable to Mr. R. A. Bianco based on value realized by the Company with respect to a gross-up for federal taxes imposed on the settlement amount, if any. |
| (c) | All Other Compensation for fiscal year 2023, in the table above consists of the following: |
| Mr. R. A. Bianco | Mr. Ferrara | Mr. J. Bianco | |
|---|---|---|---|
| Company contributions to 401(k) savings plan | $30,000 | $30,000 | $30,000 |
| Supplemental life insurance premiums | 8,750 | 555 | 2,461 |
| Long-term disability insurance premiums | 18,804 | 693 | 693 |
| Supplemental medical and dental insurance | 11,856 | 12,264 | 11,856 |
| Reimbursement of income tax costs for participation in life insurance plans | 5,420 | 344 | 1,524 |
| Reimbursement of income tax costs for participation in long-term disability plans | 12,116 | 468 | 468 |
| Company provided automobile (d) | 1,914 | - | - |
| Reimbursement for tax services | 9,875 | - | - |
| Total | $98,735 | $44,324 | $47,002 |
| (d) | All All amounts for personal use of a Company-provided automobile for Mr. R. A. Bianco, included in table above for other compensation, include mileage, fuel, maintenance, insurance, and other miscellaneous fees. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.