GEE Group Inc
For the period ended Sep 5, 2024. Filed Aug 12, 2024.
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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.
Sep 5, 2024 · Filed Aug 12, 2024
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JOB$0.19-0.3%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance Table
| (a) | (b) | (c) | (d) | (e) | (f) | (g) | |
|---|---|---|---|---|---|---|---|
| Name | Fiscal Year | Summary Compensation Table Total for PEO | Compensation Actually Paid to PEO (1) | Average Summary Compensation Table Total for Non -PEO NEOs | Average Compensation Actually paid to Non-PEO NEOs (1) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return (2) | Net Income available to Maiden Common Shareholder (in thousands) |
| Derek Dewan | 2023 | $802,153 | $687,277 | - | - | $128 | $9,418 |
| Chief Executive Officer | 2022 | $851,550 | $894,050 | - | - | $137 | $19,599 |
| Alex Stuckey | 2023 | - | - | $530,777 | $448,534 | $128 | $9,418 |
| Chief Operating Officer | 2022 | - | - | $519,988 | $571,155 | $137 | $19,599 |
| Kim Thorpe | 2023 | - | - | $539,514 | $390,276 | $128 | $9,418 |
| Senior Vice President and Chief Financial Officer | 2022 | - | - | $561,363 | $667,780 | $137 | $19,599 |
| (1) | To calculate compensation actually paid, adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Messrs. Dewan, Stuckey and Thorpe is set forth in the table immediately following these footnotes. |
| (2) | Pursuant to rules of the SEC, the illustration assumes $100 was invested on September 30, 2021 in our Common Stock. Historic common share price performance is not necessarily indicative of future common share price performance. |
To calculate the amounts reported in the “Compensation Actually Paid” columns in the table above, the following amounts were deducted from and added to (as applicable) our NEOs total compensation as reported in the Summary Compensation Table (“SCT”) for our named executive officers as of September 30, 2023:
| Less: · Plus: · Plus (less): | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (a) · (b) · (c) · (d) · (e) · (f) · (g) | |||||||||
| Name | Fiscal Year | SCT Total | SCT Share Awards | Fair Value of Restricted Shares Units ("RSU") Granted in the Covered Year | Change in Fair Value of Unvested RSUs from Covered Years | Fair Value of RSU Granted and Vested in the Covered Year | Change in Fair Value of RSUs from Prior Years that Vested in the Covered Year | Change in Fair Value of Unvested RSUs from the Prior Years | Compensation Actually Paid |
| Derek Dewan | 2023 | $802,153 | $(188,299) | $140,628 | $(47,671) | - | - | $(19,534) | $687,277 |
| Chief Executive Officer | 2022 | $851,550 | - | - | - | - | - | $42,500 | $894,050 |
| Alex Stuckey | 2023 | $530,777 | $(134,499) | $100,449 | $(34,050) | - | - | $(14,143) | $448,534 |
| Chief Operating Officer | 2022 | $519,988 | - | - | - | - | $20,000 | $31,167 | $571,155 |
| Kim Thorpe | 2023 | $539,514 | $(145,260) | $108,485 | $(36,775) | - | $(60,000) | $(15,688) | $390,276 |
| Senior Vice President and Chief Financial Officer | 2022 | $561,363 | - | - | - | - | $20,000 | $86,417 | $667,780 |
| (a) | Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. |
| (b) | Represents the grant date fair value of the share awards during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. On December 2, 2022, the Company granted 238,353 restricted shares of common stock to Mr. Dewan. The restricted shares are to be earned over a three-year period and cliff vest at the end of the third year from the initial date of grant (December 2, 2025). On December 2, 2022, the Company granted 170,252 restricted shares of common stock to Mr. Stuckey. The restricted shares are to be earned over a three-year period and cliff vest at the end of the third year from the initial date of grant (December 2, 2025). On December 2, 2022, the Company granted 183,873 restricted shares of common stock to Mr. Thorpe. The restricted shares are to be earned over a three-year period and cliff vest at the end of the third year from the initial date of grant (December 2, 2025). No stock options were granted to the named PEO or NEOs in fiscal 2023 or 2022. |
| (c) | Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested RSUs granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes. |
| (d) | Represents the change in fair value during the indicated fiscal year of each RSU that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. |
| (e) | Represents the fair value at vesting of the RSUs that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. No RSUs were granted and vested to the PEO or NEOs during fiscal 2023 or 2022. |
| (f) | Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each RSU that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes. On August 12, 2023, 300,000 restricted shares of common stock previously granted to Mr. Thorpe became fully vested. On August 21, 2022, 100,000 restricted shares of common stock previously granted to Mr. Thorpe became fully vested. On August 21, 2022, 100,000 restricted shares of common stock previously granted to Mr. Stuckey became fully vested. |
| (g) | Represents the average amount of change in fair value as of the end of the applicable year (from the end of the prior fiscal year) of equity awards granted in prior years that were unvested as of year-end of the applicable year. |
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