|
N/A
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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|
| |
Name
|
| |
Fees Earned
or Paid in Cash ($) |
| |
Stock
Awards ($)(1) |
| |
Total
Compensation |
| |||||||||
Elizabeth Blanchard Chess
|
| | | $ | 60,091 | | | | | $ | 40,061 | | | | | $ | 100,152 | | |
Gordon E. Kimball
|
| | | $ | 84,240 | | | | | $ | 56,160 | | | | | $ | 140,400 | | |
John W. H. Merriman
|
| | | $ | 61,152 | | | | | $ | 40,768 | | | | | $ | 101,920 | | |
Donald R. Rudkin
|
| | | $ | 66,456 | | | | | $ | 44,304 | | | | | $ | 110,760 | | |
Robert M. Sawyer
|
| | | $ | 60,861 | | | | | $ | 49,795 | | | | | $ | 110,656 | | |
Scott S. Slater
|
| | | $ | 0 | | | | | $ | 85,904 | | | | | $ | 85,904 | | |
Edgar A. Terry
|
| | | $ | 61,090 | | | | | $ | 40,726 | | | | | $ | 101,816 | | |
Name
|
| |
Age
|
| |
Class
|
| |
Position
|
|
Elizabeth Blanchard Chess
|
| |
72
|
| |
Class III
|
| | Director | |
Harold S. Edwards | | |
55
|
| |
Class I
|
| |
Director, President and Chief Executive Officer
|
|
Amy Fukutomi | | |
54
|
| |
Class II
|
| | Director, Director of Compliance & Business Development | |
Gordon E. Kimball | | |
68
|
| |
Class II
|
| | Chairperson, Director | |
Jesus “Chuy” Loza | | |
51
|
| |
Class II
|
| | Director | |
John W. H. Merriman | | |
68
|
| |
Class I
|
| | Director | |
Mark Palamountain | | |
45
|
| |
—
|
| | Chief Financial Officer, Treasurer and Corporate Secretary | |
Donald R. Rudkin | | |
77
|
| |
Class III
|
| | Director | |
Robert M. Sawyer | | |
71
|
| |
Class III
|
| | Director | |
Scott S. Slater | | |
63
|
| |
Class II
|
| | Director | |
Alex M. Teague | | |
57
|
| |
—
|
| | Senior Vice President & Chief Operating Officer | |
Edgar A. Terry | | |
61
|
| |
Class I
|
| | Director | |
Name
|
| |
Number of Shares or
Units of Stock That Have Not Vested (#)(1)(2) |
| |
Market Value of Shares or
Units of Stock That Have Not Vested ($)(3) |
| ||||||
Harold Edwards
|
| | | | 95,372 | | | | | $ | 1,318,955 | | |
Mark Palamountain
|
| | | | 47,734 | | | | | $ | 660,161 | | |
Alex Teague
|
| | | | 48,526 | | | | | $ | 671,115 | | |
|
Median Employee Total Compensation for Fiscal Year 2020
|
| | | $ | 43,305 | | |
|
CEO Total Compensation for Fiscal Year 2020
|
| | | $ | 1,486,789 | | |
|
Ratio of Median Employee Total Compensation to CEO Total Compensation for Fiscal Year
2020 |
| | | | 34:1 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Stock
Awards ($)(1) |
| |
Non-Equity
Incentive Plan Compensation ($)(2) |
| |
Change in
Pension Value and Nonqualified Deferred Compensation Earnings ($)(3) |
| |
All Other
Compensation ($)(4) |
| |
Total
($) |
| |||||||||||||||||||||
Harold Edwards,
President and Chief Executive Officer(5) |
| | | | 2020 | | | | | | 662,875 | | | | | | 754,800 | | | | | | 0 | | | | | | 1,490 | | | | | | 67,624 | | | | | | 1,486,789 | | |
| | | 2019 | | | | | | 615,379 | | | | | | 970,000 | | | | | | 0 | | | | | | 3,209 | | | | | | 55,143 | | | | | | 1,643,731 | | | ||
| | | 2018 | | | | | | 588,000 | | | | | | 1,064,000 | | | | | | 141,120 | | | | | | (1,195) | | | | | | 24,798 | | | | | | 1,816,723 | | | ||
Mark Palamountain,
Chief Financial Officer, Treasurer and Corporate Secretary |
| | | | 2020 | | | | | | 376,923 | | | | | | 377,400 | | | | | | 0 | | | | | | — | | | | | | 40,421 | | | | | | 794,744 | | |
| | | 2019 | | | | | | 347,783 | | | | | | 486,808 | | | | | | 0 | | | | | | — | | | | | | 37,211 | | | | | | 871,802 | | | ||
| | | 2018 | | | | | | 300,000 | | | | | | 533,800 | | | | | | 72,000 | | | | | | — | | | | | | 23,803 | | | | | | 929,603 | | | ||
Alex Teague,
Chief Operating Officer and Senior Vice President |
| | | | 2020 | | | | | | 446,923 | | | | | | 377,400 | | | | | | 0 | | | | | | — | | | | | | 72,848 | | | | | | 897,171 | | |
| | | 2019 | | | | | | 415,090 | | | | | | 516,492 | | | | | | 0 | | | | | | — | | | | | | 67,532 | | | | | | 999,114 | | | ||
| | | 2018 | | | | | | 400,000 | | | | | | 563,500 | | | | | | 95,760 | | | | | | — | | | | | | 23,804 | | | | | | 1,083,064 | | |
Name
|
| |
Stock
Dividends |
| |
Company
Contributions to 401(k) ($) |
| |
Perquisites
and Personal Benefits ($) |
| |
Insurance
Premiums Paid by the Company ($) |
| |
Total
|
| |||||||||||||||
Harold Edwards
|
| | | | 40,852 | | | | | $ | 21,200 | | | | | $ | 3,685 | | | | | $ | 1,887 | | | | | $ | 67,624 | | |
Mark Palamountain
|
| | | | 15,106 | | | | | $ | 21,200 | | | | | $ | 3,021 | | | | | $ | 1,094 | | | | | $ | 40,421 | | |
Alex Teague
|
| | | | 49,109 | | | | | $ | 21,200 | | | | | $ | 1,251 | | | | | $ | 1,288 | | | | | $ | 72,848 | | |
| | |
Grant
Date |
| |
Estimated Possible Payouts Under
Non-Equity Incentive Plan Awards(2) |
| |
Estimated Possible Payouts Under
Equity Incentive Plan Awards(1)(3)(4) |
| |
All Other
Equity Awards: Number of Shares or Units |
| |
Grant Date
Fair Value of Stock Awards(5) |
| |||||||||||||||||||||||||||||||||||||||
Name
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| ||||||||||||||||||||||||||||||||||||
Harold Edwards
|
| | | | 12/20/19 | | | | | $ | 530,300 | | | | | $ | 662,875 | | | | | $ | 994,313 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | $ | 265,150 | | | | | $ | 331,438 | | | | | $ | 1,325,751 | | | | | | | | | | | $ | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 40,000 | | | | | $ | 754,800 | | |
Harold Edwards
|
| | | | 12/21/18 | | | | | $ | 58,000 | | | | | $ | 147,000 | | | | | $ | 352,800 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | — | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | $ | 117,600 | | | | | $ | 205,800 | | | | | $ | 294,000 | | | | | | | | | | | $ | 176,400- | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 40,000 | | | | | $ | 793,600 | | |
Harold Edwards
|
| | | | 12/22/17 | | | | | $ | 112,000 | | | | | $ | 112,000 | | | | | $ | 224,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 12/22/17 | | | | | | | | | | | | | | | | | | | | | | | $ | 168,000 | | | | | $ | 168,000 | | | | | $ | 280,000 | | | | | | | | | | | $ | 167,998 | | |
| | | | | 12/22/17 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 40,000 | | | | | $ | 887,600 | | |
| | |
Grant
Date |
| |
Estimated Possible Payouts Under
Non-Equity Incentive Plan Awards(2) |
| |
Estimated Possible Payouts Under
Equity Incentive Plan Awards(1)(3)(4) |
| |
All Other
Equity Awards: Number of Shares or Units |
| |
Grant Date
Fair Value of Stock Awards(5) |
| |||||||||||||||||||||||||||||||||||||||
Name
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| ||||||||||||||||||||||||||||||||||||
Mark
Palamountain |
| | | | 12/20/19 | | | | | | 301,538 | | | | | | 376,923 | | | | | | 670,385 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | | 150,769 | | | | | | 188,462 | | | | | | 753,846 | | | | | | | | | | | | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 377,400 | | |
Mark
Palamountain |
| | | | 12/21/18 | | | | | $ | 30,000 | | | | | $ | 75,000 | | | | | $ | 180,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | $ | 60,000 | | | | | $ | 105,000 | | | | | $ | 150,000 | | | | | | | | | | | $ | 90,000 | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 396,800 | | |
Mark
Palamountain |
| | | | 12/22/17 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 443,800 | | |
Alex Teague | | | | | 12/20/19 | | | | | | 357,538 | | | | | | 446,923 | | | | | | 670,385 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | | 178,769 | | | | | | 223,462 | | | | | | 893,846 | | | | | | | | | | | | — | | |
| | | | | 12/20/19 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 377,400 | | |
Alex Teague | | | | | 12/21/18 | | | | | $ | 40,000 | | | | | $ | 100,000 | | | | | $ | 240,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | $ | 80,000 | | | | | $ | 140,000 | | | | | $ | 200,000 | | | | | | | | | | | $ | 119,700 | | |
| | | | | 12/21/18 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 396,8000 | | |
Alex Teague | | | | | 12/22/17 | | | | | $ | 76,000 | | | | | $ | 76,000 | | | | | $ | 152,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | — | | |
| | | | | 12/22/17 | | | | | | | | | | | | | | | | | | | | | | | $ | 114,000 | | | | | $ | 114,000 | | | | | $ | 190,000 | | | | | | | | | | | $ | 114,003 | | |
| | | | | 12/22/17 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 443,800 | | |
Name
|
| |
Discretionary
Awards That Have Not Yet Vest (#) |
| |
Market Value of
Shares That Have Not Yet Vest ($)(1) |
| |
Performance
Awards That Have Not Yet Vest (#) |
| |
Market Value of
Shares That Have Not Yet Vest ($)(1) |
| ||||||||||||
Harold Edwards(2)
|
| | | | 55,999 | | | | | $ | 775,026 | | | | | | 4,706 | | | | | $ | 73,649 | | |
Mark Palamountain(3)
|
| | | | 27,999 | | | | | $ | 387,506 | | | | | | 2,401 | | | | | $ | 37,576 | | |
Alex Teague(4)
|
| | | | 27,999 | | | | | $ | 387,506 | | | | | | 3,193 | | | | | $ | 49,970 | | |
Name
|
| |
Discretionary
Awards That Vest FY 2020 (#) |
| |
Market Value
of Shares That Vest ($)(1) |
| |
Performance
Awards That Vest FY 2020 (#) |
| |
Market Value of
Shares That Vest ($)(1) |
| ||||||||||||
Harold Edwards(2)
|
| | | | 34,667 | | | | | $ | 479,791 | | | | | | 8,381 | | | | | $ | 158,149 | | |
Mark Palamountain(3)
|
| | | | 17,334 | | | | | $ | 239,903 | | | | | | 4,083 | | | | | $ | 77,046 | | |
Alex Teague(4)
|
| | | | 17,334 | | | | | $ | 239,903 | | | | | | 5,687 | | | | | $ | 107,314 | | |
Name
|
| |
Plan Name
|
| |
Number of
Years Credited Service (#) |
| |
Present Value
of Accumulated Benefit ($)(1) |
| |
Payments
During Last Fiscal Year ($) |
| |||||||||
Harold Edwards
|
| |
Limoneira Company
Retirement Plan(2) |
| | | | 0.5 | | | | | $ | 12,598 | | | | | $ | 0.00 | | |
| | |
Fiscal Year 2020
Deloitte & Touche LLP |
| |||
Audit Fees (1)
|
| | | $ | 1,096,275 | | |
Audit-Related Fees(2)
|
| | | $ | 8,000 | | |
Tax Fees(3)
|
| | | $ | 283,025 | | |
All Other Fees(4)
|
| | | $ | 0 | | |
Total
|
| | | | 1,387,300 | | |
| | |
Common Stock
Beneficially Owned |
| |||||||||
Name and Address of Beneficial Owner
|
| |
# of shares
|
| |
Percentage(1)
|
| ||||||
5% Beneficial Owners | | | | | | | | | | | | | |
Ashford Capital Management, Inc.
1 Walker’s Mill Road, Wilmington, DE 19807(2) |
| | | | 1,001,574 | | | | | | 5.42% | | |
BlackRock, Inc.
55 East 52nd Street, New York, NY 10056(3) |
| | | | 1,125,892 | | | | | | 6.09% | | |
Calavo Growers, Inc.
1141-A Cummings Road, Santa Paula, CA 93060(4) |
| | | | 1,719,185 | | | | | | 9.30% | | |
Global Alpha Capital Management Ltd.
1800 McGill College Avenue, Suite 1300, Montreal A8 H3A 3JB(5) |
| | | | 1,880,863 | | | | | | 10.18% | | |
Directors and Officers(6) | | | | | | | | | | | | | |
Elizabeth Blanchard Chess(7)
|
| | | | 140,438 | | | | | | * | | |
Harold S. Edwards(8)
|
| | | | 163,611 | | | | | | * | | |
Amy Fukutomi
|
| | | | 2,374 | | | | | | * | | |
Gordon E. Kimball(9)
|
| | | | 39,809 | | | | | | * | | |
Jose De Jesus Loza aka Jesus “Chuy” Loza
|
| | | | 256,068 | | | | | | 1.39% | | |
John W. H. Merriman
|
| | | | 2,643 | | | | | | * | | |
Mark Palamountain(10)
|
| | | | 63,137 | | | | | | * | | |
Edgar A. Terry(11)
|
| | | | 8,470 | | | | | | * | | |
Donald R. Rudkin
|
| | | | 14,277 | | | | | | * | | |
Robert M. Sawyer(12)
|
| | | | 124,293 | | | | | | * | | |
Scott S. Slater
|
| | | | 30,063 | | | | | | * | | |
Alex M. Teague(13)
|
| | | | 229,785 | | | | | | 1.24% | | |
All Current Officers & Directors as a group
|
| | | | 1,074,968 | | | | | | 5.82% | | |
Plan Category
|
| |
Number of
Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights |
| |
Weighted
Average Exercise Price of Outstanding Options, Warrants and Rights |
| |
Number of
Securities Remaining Available for Future Issuance Under Equity Compensation Plans(1)(2) |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | — | | | | | | — | | | | | | 281,225 | | |