Form 10-K - CCOM Group Inc.

More documents

Recommendations

Info

Table of ContentsCompensation Committee Interlocks and Insider ParticipationThe Company did not have a Compensation Committee or any other committee of the Board of Directors performing equivalentfunctions until June 13, 2006. Prior to this date, decisions regarding compensation of named executive officers of the Company weremade by the Board of Directors. Two of the company's executive officers, Bernard Korn and William Pagano, were Directors of theCompany. Mr. Korn was the Chairman of the Board and Chief Executive Officer of the Company until his resignation as ChiefExecutive Officer, Director and Chairman of the Board on April 17, 2006. Until June 13, 2006, each of these individuals participatedin deliberations of the Board during the fiscal year ended December 31, 2006 concerning named executive officer compensation,except that they abstained from deliberations and voting regarding their own compensation.On June 13, 2006, the Board of Directors appointed Phillip Siegel as Chairman of the Compensation Committee and E. BruceFredrikson and Stuart H. Lubow to serve on the Compensation Committee. On August 8, 2006 the Board of Directors adopted aCompensation Committee Charter.Compensation Committee ReportThe following report of the Compensation Committee does not constitute soliciting material and should not be deemed filed orincorporated by reference into any other Company filing under the Securities Act of 1933 or the Securities Exchange Act of 1934,except to the extent the Company specifically incorporates this Report by reference therein.The Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis with management andrecommended to the Board of Directors that the Compensation Discussion and Analysis be included in this Annual Report on Form10−K for the fiscal year ended December 31, 2006, for filing with the Securities and Exchange Commission. Phillip Siegel resigned asa Director on January 22, 2007, has not served on the Compensation Committee since that date, and did not participate in theserecommendations.Members of the Compensation CommitteeE. Bruce FredriksonStuart H. Lubow32Source: COLONIAL COMMERCIAL , 10−K, March 23, 2007
Table of ContentsItem 12. Security Ownership of Certain Beneficial Owners and ManagementThe following table sets forth, as of March 1, 2007, information with respect to beneficial ownership by named executive officers andDirectors of the Company, holders of over 5% of a class of stock and of named executive officers and Directors of the Company as agroup.Name of Beneficial OwnerOfficers and Directors***:Amount andNature ofBeneficialOwnership*Common StockPercent ofClassAmount andNature ofBeneficialOwnership*Preferred StockPercent ofClassE. Bruce Fredrikson 16,000 (1) ** 500 (1) **Melissa Goldman−Williams 5,400 ** 0 **Michael Goldman 1,282,255 (2) 26.74% 0 **Stuart H. Lubow 10,000 (3) ** 0 **Ronald H. Miller 11,054 (4) ** 0 **William Pagano 767,973 (5) 16.41% 0 **William Salek 61,667 (6) 1.32% 0 **All Officers and Directors as a Group: 2,154,349 44.19% 500 **Holders of over 5% of a class of stock who are not Officers or Directors:Rita C. Folger 578,719 (7) 12.37% 0 **Goldman Associates of NY, Inc. 1,099,255 (8) 22.92% 0 **The beneficial owners listed above have all given a business address of 275 Wagaraw Road, Hawthorne, New Jersey 07506.* For the purposes of this table, “Beneficial Ownership” is defined as set forth in rule 13d−3 under the Securities Exchange Act of1934, as amended. Except as set forth in the following notes, each person listed in the table has sole voting and sole investment powerwith respect to the shares of Common Stock listed in the table.** Represents beneficial ownership of less than one percent of the Company's outstanding securities.33Source: COLONIAL COMMERCIAL , 10−K, March 23, 2007
Page 2 and 3: quarter) was $3,906,145.Indicate th
Page 4 and 5: Table of ContentsPART I.Item 1. Bus
Page 6 and 7: Table of ContentsItem 1A. Risk Fact
Page 8 and 9: Table of ContentsWe could incur sub
Page 10 and 11: Table of ContentsThe Company believ
Page 12 and 13: Table of ContentsPART IIItem 5. Mar
Page 14 and 15: Table of ContentsItem 6. Selected F
Page 16 and 17: Table of ContentsCritical Accountin
Page 18 and 19: Table of ContentsOperating income d
Page 20 and 21: Table of ContentsSubstantially all
Page 22 and 23: Table of ContentsImpact of Inflatio
Page 24 and 25: Table of ContentsMichael GoldmanMic
Page 26 and 27: Table of ContentsThe compensation c
Page 28 and 29: Table of ContentsNarrative Disclosu
Page 30 and 31: Table of ContentsFor the fiscal yea
Page 32 and 33: Table of ContentsPotential Payments
Page 36 and 37: Table of Contents*** William Koon,
Page 38 and 39: Table of ContentsA “Related Party
Page 40 and 41: Table of ContentsPioneer Realty Hol
Page 42 and 43: Table of Contents4.01 Specimen of C
Page 44 and 45: Table of Contents10.09 Inventory Co
Page 46 and 47: Table of ContentsCOLONIAL COMMERCIA
Page 52 and 53: Table of Contents1. Summary of Sign
Page 62 and 63: Table of ContentsChanges in options
Page 72 and 73: Table of Contents18. Quarterly Resu
Page 74 and 75: Table of ContentsSIGNATURESPursuant
Page 76 and 77: EXHIBIT 23.01CONSENT OF INDEPENDENT
Page 78 and 79: EXHIBIT 31.02CERTIFICATIONI, Willia
Page 80: EXHIBIT 32.02CERTIFICATION PURSUANT

Form 10-K - CCOM Group Inc.

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?