Nathan's Famous Files Proxy Statement for Annual Meeting
Ticker: NATH · Form: DEF 14A · Filed: Jul 26, 2024 · CIK: 69733
Sentiment: neutral
Topics: proxy-statement, governance, annual-meeting
TL;DR
NATHAN'S FAMOUS DEF 14A FILED - VOTE ON DIRECTORS & AUDITORS SEPT 10
AI Summary
Nathan's Famous, Inc. filed its definitive proxy statement (DEF 14A) on July 26, 2024, for its annual meeting on September 10, 2024. The filing outlines the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items include the election of directors and the ratification of the independent registered public accounting firm.
Why It Matters
This filing provides shareholders with crucial information to make informed voting decisions on company leadership and important corporate matters, impacting the company's future direction and shareholder value.
Risk Assessment
Risk Level: low — A DEF 14A filing is a routine disclosure and does not inherently present new risks.
Key Players & Entities
- Nathan's Famous, Inc. (company) — Registrant
- 0001104659-24-082890 (filing_id) — Accession Number
- 20240726 (date) — Filing Date
- 20240910 (date) — Annual Meeting Date
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this DEF 14A filing is to provide shareholders with information regarding the company's annual meeting, including proposals to be voted on, director nominations, and executive compensation details.
When is the annual meeting of shareholders scheduled?
The annual meeting of shareholders is scheduled for September 10, 2024.
Who is the filer of this proxy statement?
The filer of this proxy statement is Nathan's Famous, Inc.
What is the filing date of this document?
This document was filed on July 26, 2024.
What are the main topics typically covered in a DEF 14A filing?
A DEF 14A filing typically covers matters such as the election of directors, ratification of independent auditors, executive compensation, and other shareholder proposals.
Filing Stats: 4,891 words · 20 min read · ~16 pages · Grade level 12.8 · Accepted 2024-07-26 09:46:05
Key Financial Figures
- $30,000 — , which we estimate to be approximately $30,000. In addition to solicitations by mail,
Filing Documents
- tm2419844-1_def14a.htm (DEF 14A) — 719KB
- bc_netincome-4clr.jpg (GRAPHIC) — 72KB
- bc_tsr-4clr.jpg (GRAPHIC) — 79KB
- px_24nathanproxy1pg01-bw.jpg (GRAPHIC) — 312KB
- px_24nathanproxy1pg02-bw.jpg (GRAPHIC) — 259KB
- 0001104659-24-082890.txt ( ) — 1655KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 19 Delinquent Section 16 Reports 20 Employee, Officer, Director Hedging Policy 20 MANAGEMENT 21 Officers of the Company 21
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 22 Compensation Discussion and Analysis 22 Annual Bonuses 25 Annual Incentive Plans 26 Stock Ownership Guidelines 28 Tax and Accounting Implications 28 Compensation Committee Report 28 Compensation Committee Interlocks and Insider Participation 28 Compensation of NEOs 28 i TABLE OF CONTENTS Page SUMMARY COMPENSATION TABLE 30 OUTSTANDING EQUITY AWARDS AT FISCAL 2024 YEAR-END 31 2019 Stock Incentive Plan 31 OPTION EXERCISES AND STOCK VESTED IN FISCAL 2024 32 Nonqualified Deferred Compensation 32 Potential Payments Upon Termination or Change-in-Control 32 Estimation of Benefits 33 Risk Considerations in our Compensation Programs 34 Equity Plan Information 34 Pay Versus Performance 35 Non-Employee Director Compensation 38 2024 DIRECTOR COMPENSATION 39 ANNUAL REPORT 40 ii TABLE OF CONTENTS NATHAN'S FAMOUS, INC. One Jericho Plaza Jericho, New York 11753 PROXY STATEMENT ANNUAL MEETING OF STOCKHOLDERS Tuesday, September 10, 2024 The Annual Meeting of Stockholders (the "annual meeting" or the "meeting") of Nathan's Famous, Inc. ("we", "us", "our", the "Company" or "Nathan's"), will be held on Tuesday, September 10, 2024, at our headquarters at One Jericho Plaza, Second Floor—Wing A, Jericho, New York 11753, at 10:00 a.m. Our Board of Directors (the "Board of Directors" or the "Board") is soliciting your proxy to vote your shares of common stock at the annual meeting or any adjournments of the annual meeting. This proxy statement, which was prepared by our management for the Board of Directors, contains information about the matters to be considered at the annual meeting or any adjournments or postponements of the annual meeting. All proxies will be voted in accordance with the instructions they contain. If you do not specify your voting instructions on the proxy you submit for the annual meeting, it will be voted in accordance with the recomm