One of the things we pride ourselves on is what we think is the fastest and most comprehensive delivery of Executive and Director Compensation data on the planet (a little bit of hyperbole never hurts).  In an attempt to focus on that we have been working to add a modal window on our website so that a user who visits our prime website will see the most recent comp table we have processed.

I had an interesting question the other day from a visitor who wondered why we were displaying the compensation data from SPRINT in the middle of the day on 6/20 when four other issuers had reported EC data since Sprint filed their proxy at 5:00 pm on 6/19.  If we were so good where was that comp data?

Here is the sequence of filings:

So when I received the query early on the 20th I had to look.  We deliberately did not push out the DC/EC or Audit Fee data for those entities because of an interesting issue.  MITCHAM INDUSTRIES and DOCUMENT SECURITY SYSTEMS INC  both filed a 10-K a couple of months earlier and both reported that data in their 10-Ks so our system flagged the new data as \SAME CONTENT\DIFFERENT DOCUMENT.

Here is the EC table from MITCHAM INDUSTRIES as reported in their 10-K on 5/31:

Here is the EC table from their Proxy filed on 6/20:

Here is the data from their 10-K after we normalized it and made it available on 5/31:

Further FUNDVANTAGE TRUST’s and CHROMADEX CORP’s DEF 14A related to a Special Meeting and did not include summary compensation data.  It was not until SPEEDEMISSIONS INC filed their proxy at 10:20 (CT) before we had new data.

We ultimately do not replace the existing data with the new data if it matches the content from a previous filing.

While it would be silly of me to claim we are perfect, I did dodge that bullet as we did have the most timely compensation data available.