Bark, INC. DEF 14A Filing
Ticker: BARKW · Form: DEF 14A · Filed: Jul 29, 2024 · CIK: 1819574
Sentiment: neutral
Filing Stats: 4,416 words · 18 min read · ~15 pages · Grade level 17.5 · Accepted 2024-07-29 16:56:23
Key Financial Figures
- $50,000 — tor received an annual cash retainer of $50,000 (increased from $40,000 in fiscal year
- $40,000 — ash retainer of $50,000 (increased from $40,000 in fiscal year 2023). The Lead Independ
- $15,000 — pendent Director received an additional $15,000 annually, the chair of the Audit Commit
- $20,000 — Audit Committee received an additional $20,000 annually, the chair of the Compensation
- $10,000 — rnance Committee received an additional $10,000 annually. Members of the Audit Committe
- $5,000 — sation Committee received an additional $5,000 annually and members of the Corporate G
- $300,000 — ggregate grant date fair value equal to $300,000. Vesting of the initial RSU grant is su
- $100,000 — date fair value equal to approximately $100,000. Vesting of the initial RSU is subject
- $25,000 — Mr. Werdelin was paid a monthly fee of $25,000 for creative consulting and administrat
- $1,000 — ype, LLC totaling $300,000 and received $1,000 a month towards administrative support
- $9,000 — hrough December 31,2023, for a total of $9,000. The monthly fee was unrelated to Mr. W
Filing Documents
- bark-20240729.htm (DEF 14A) — 877KB
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- 0001819574-24-000032.txt ( ) — 30963KB
- bark-20240729.xsd (EX-101.SCH) — 5KB
- bark-20240729_def.xml (EX-101.DEF) — 7KB
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EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 20 Elements of our Executive Compensation Program 20 Compensation Decisions for Fiscal Year 2024 21 Our Compensation Process 23 Peer Group 25 Severance and Change in Control 26 No Hedging or Pledging 26 Compensation Committee Interlocks and Insider Participation 26 Report of the Compensation Committee 27
EXECUTIVE COMPENSATION TABLES
EXECUTIVE COMPENSATION TABLES 28 EQUITY COMPENSATION PLAN INFORMATION 37 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 38 Policies and Procedures for Related Party Transactions 38 Indemnification of Directors and Executive Officers 38
SECURITY OWNERSHIP OF BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF BENEFICIAL OWNERS AND MANAGEMENT 39 Delinquent Section 16(a) Reports 40 QUESTIONS AND ANSWERS 41 WHERE YOU CAN FIND MORE INFORMATION 46 FORM 10-K 46 OTHER MATTERS 46 EXHIBIT A 47 Table of Contents 01 PROPOSAL ONE ELECTION OF CLASS C DIRECTORS GENERAL Our board of directors (the " Board ") currently consists of seven directors, divided into three classes, Class A, Class B and Class C, with the members of each class serving staggered, three-year terms. The terms of office of the Class C directors, Larry Bodner and Jim McGinty, will expire at the Annual Meeting. At the Annual Meeting, our stockholders will vote to elect the two nominees named in this Proxy Statement, Mr. Bodner and Mr. McGinty, as Class C directors, whose terms will expire at the annual meeting of stockholders to be held in 2027. Each of our directors, including the director nominees, serve as a director until the election and qualification of his or her successor, or until his or her earlier death, resignation or removal. Mr. Bodner was identified as a candidate for director by a third-party search firm and appointed to the Board effective September 19, 2023. The candidacies of Mr. Bodner and Mr. McGinty were each considered by our Corporate Governance and Nominating Committee in accordance with the established process for evaluating candidates to serve on our Board. Upon the recommendation of the Corporate Governance and Nominating Committee, our Board nominated Mr. Bodner and Mr. McGinty for election as Class C directors at the Annual Meeting. Each of Mr. Bodner and Mr. McGinty currently serve on our Board, has consented to be named in this Proxy Statement and has agreed to serve, if elected, until the 2027 annual meeting of stockholders or until his successor has been duly elected and qualified or until his earlier death, resignation or removal. Director Independence The Board has determined that each of the directors, other than Mr. Meeker