Annual Cash Retainer
Annual cash retainer for non-employee Directors other than the Chairman of the Board of $80,000 ($105,000 for the Lead Director) paid in arrears in four equal installments on or about March 29, 2019, June 28, 2019, September 30, 2019, and December 30, 2019 (the “Installment Dates”) for the Company’s most-recently ended fiscal quarter.
Annual Deferred Stock Unit Grant
Annual grant of Deferred Stock Units to non-employee Directors other than the Chairman of the Board for the right to receive shares of the Company’s Class A Common Stock equal to the number of shares determined by dividing $120,000 by the closing market price of the Company’s Class A Common Stock on the grant date.
$300,000 annual fee for the Chairman of the Board. $18,000 annual fee for Audit Committee Chair. $18,000 annual fee for Compensation Committee Chair. $10,000 annual fee for the Nominating and Corporate Governance Chair. Chairman fees are paid in arrears in four equal installments on the Installment Dates.