Other Information
−Removed: As previously disclosed, as a result of an independent security study, the Company’s independent directors approved the purchase of an airplane, which Mr.
−Removed: Pera will be expected to use for all business and personal air travel.
−Removed: During the third quarter of fiscal 2020, the Company received the title to the airplane.
−Removed: In May 2020, the compensation committee and the Board of Directors approved a corporate aircraft utilization policy that sets forth the guidelines and procedures for use of the aircraft by Mr.
−Removed: Pursuant to the corporate aircraft utilization policy, Mr.
−Removed: Pera is required to utilize the corporate airplane (or other private aircraft where the corporate airplane is unavailable) for all business and personal travel due to a bone-fide business-oriented security concern.
−Removed: The policy also permits Mr.
−Removed: Pera’s immediate family members and/or his or their respective guests to travel aboard the corporate aircraft.
−Removed: Pursuant to the policy, Mr.
−Removed: Pera will not be required to reimburse the Company for any personal use of corporate aircraft by him, his immediate family members and/or his or their respective guests.
−Removed: In addition, while the compensation committee has approved reimbursing Mr.
−Removed: Pera for FICA taxes associated with personal use of the corporate aircraft, the Company will not reimburse Mr.
−Removed: Pera for any federal, state or local taxes arising from imputed income relating to any such personal use.
−Removed: Although we consider Mr.
−Removed: Pera’s anticipated use of corporate aircraft for personal travel to be a be a security measure for the Company’s benefit, and not a perquisite for Mr.
−Removed: Pera’s benefit, the aggregate incremental costs to the Company related to any use of the corporate aircraft for personal travel (and any related FICA tax reimbursement) will be reported as compensation to Mr.
−Removed: Pera in the “All Other Compensation” column in the Company’s Summary Compensation Table beginning with the fiscal 2020 Proxy Statement.
−Removed: The amounts reported in any fiscal year may be significant and will vary from year to year based on Mr.
−Removed: Pera’s travel schedule and other factors.
Incorporated by
7 unchanged sentences
32.1 Certification of Principal Executive Officer and Principal Financial Officer Required Under Rule 13a-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C.
−Removed: 101.INS XBRL Instance Document
−Removed: 101.SCH XBRL Taxonomy Schema Linkbase Document
−Removed: 101.CAL XBRL Taxonomy Calculation Linkbase Document
−Removed: 101.DEF XBRL Taxonomy Definition Linkbase Document
−Removed: 101.LAB XBRL Taxonomy Labels Linkbase Document
−Removed: 101.PRE XBRL Taxonomy Presentation Linkbase Document
+Added: 101.INS Inline XBRL Instance Document
+Added: 101.SCH Inline XBRL Taxonomy Schema Linkbase Document
+Added: 101.CAL Inline XBRL Taxonomy Calculation Linkbase Document
+Added: 101.DEF Inline XBRL Taxonomy Definition Linkbase Document
+Added: 101.LAB Inline XBRL Taxonomy Labels Linkbase Document
+Added: 101.PRE Inline XBRL Taxonomy Presentation Linkbase Document
104 Cover Page Interactive Date File - (formatted as Inline XBRL and contained in Exhibit 101)
1 unchanged sentence
UBIQUITI INC.
−Removed: May 8, 2020 By:
+Added: November 6, 2020 By:
/s/ Robert J.
1 unchanged sentence
(Principal Executive Officer)
−Removed: May 8, 2020 By:
+Added: November 6, 2020 By:
/s/ Kevin Radigan
1 unchanged sentence
Chief Accounting and Finance Officer
−Removed: (Principal Financial Officer)
+Added: (Principal Financial Officer and Principal Accounting Officer)
Exhibit Index
8 unchanged sentences
Certification of Principal Executive Officer and Principal Financial Officer Required Under Rule 13a-14(b) of the Securities Exchange Act of 1934, as amended, and 18 U.S.C.
−Removed: 101.INS XBRL Instance Document
−Removed: 101.SCH XBRL Taxonomy Schema Linkbase Document
−Removed: 101.CAL XBRL Taxonomy Calculation Linkbase Document
−Removed: 101.DEF XBRL Taxonomy Definition Linkbase Document
−Removed: 101.LAB XBRL Taxonomy Labels Linkbase Document
−Removed: 101.PRE XBRL Taxonomy Presentation Linkbase Document
+Added: 101.INS Inline XBRL Instance Document
+Added: 101.SCH Inline XBRL Taxonomy Schema Linkbase Document
+Added: 101.CAL Inline XBRL Taxonomy Calculation Linkbase Document
+Added: 101.DEF Inline XBRL Taxonomy Definition Linkbase Document
+Added: 101.LAB Inline XBRL Taxonomy Labels Linkbase Document
+Added: 101.PRE Inline XBRL Taxonomy Presentation Linkbase Document
104 Cover Page Interactive Date File - (formatted as Inline XBRL and contained in Exhibit 101)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.