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Annex A Agreement and Plan of Merger | | | | | | | | |
Annex B Opinion of Keefe, Bruyette & Woods, Inc. | | | | | | | |
Name(1) | | | Positions Held in Standard AVB Financial Corp. | | | Age(2) | | | Director Since(3) | | | Current Term to Expire | | | Shares of Common Stock Beneficially Owned as of the Record Date(4) | | | Percent of Class(5) | | | | | | | | |||||||||||||||||||||||||||
NOMINEES | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||
Jennifer H. Lunden | | | Director | | | | | 46 | | | | | | 2018 | | | | | | 2020 | | | | | | 5,996 | | | | | | * | | | | | | | | | ||||||||||||
William T. Ferri | | | Director | | | | | 75 | | | | | | 2007 | | | | | | 2020 | | | | | | 45,160(6) | | | | | | * | | | | | | | | | ||||||||||||
Paul A. Iurlano | | | Director | | | | | 65 | | | | | | 2004 | | | | | | 2020 | | | | | | 28,162(7) | | | | | | * | | | | | | | | | ||||||||||||
Gregory J. Saxon | | | Vice Chairman of the Board | | | | | 55 | | | | | | 2002 | | | | | | 2020 | | | | | | 17,824(8) | | | | | | * | | | | | | | | | ||||||||||||
DIRECTORS CONTINUING IN OFFICE | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||
Andrew W. Hasley | | | President and Director | | | | | 56 | | | | | | 2006 | | | | | | 2021 | | | | | | 49,162(9) | | | | | | 1.06% | | | | | | | | | ||||||||||||
Thomas J. Rennie | | | Director | | | | | 70 | | | | | | 2008 | | | | | | 2021 | | | | | | 29,421(10) | | | | | | * | | | | | | | | | ||||||||||||
R. Craig Thomasmeyer | | | Director | | | | | 55 | | | | | | 2004 | | | | | | 2021 | | | | | | 32,068(11) | | | | | | * | | | | | | | | | ||||||||||||
Timothy K. Zimmerman | | | Chief Executive Officer and Director | | | | | 69 | | | | | | 1993 | | | | | | 2021 | | | | | | 129,566(12) | | | | | | 2.78% | | | | | | | | | ||||||||||||
Terence L. Graft | | | Chairman of the Board | | | | | 70 | | | | | | 1991 | | | | | | 2022 | | | | | | 50,371(13) | | | | | | 1.08% | | | | | | | | | ||||||||||||
John M. Lally | | | Director | | | | | 64 | | | | | | 2009 | | | | | | 2022 | | | | | | 32,793(14) | | | | | | * | | | | | | | | | ||||||||||||
David C. Mathews | | | Director | | | | | 65 | | | | | | 2006 | | | | | | 2022 | | | | | | 60,517(15) | | | | | | 1.30% | | | | | | | | | ||||||||||||
Ronald J. Mock | | | Director | | | | | 63 | | | | | | 2009 | | | | | | 2022 | | | | | | 17,126(16) | | | | | | * | | | | | | | | | ||||||||||||
Dale A. Walker | | | Director | | | | | 70 | | | | | | 1999 | | | | | | 2022 | | | | | | 34,600(17) | | | | | | * | | | | | | | | |
Name(1) | | | Positions Held in Standard AVB Financial Corp. | | | Age(2) | | | Director Since(3) | | | Current Term to Expire | | | Shares of Common Stock Beneficially Owned as of the Record Date(4) | | | Percent of Class(5) | | | | | | | | ||||||||||||||||||
EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||
Susan A. Parente | | | Executive Vice President — Chief Financial Officer | | | | | 28,054(18) | | | | | | * | | | | | | | | | | | | | | | |||||||||||||||
John P. Kline | | | Executive Vice President — Chief Lending Officer | | | | | 1,147(19) | | | | | | * | | | | | | | | | | | | | | | |||||||||||||||
Susan M. DeLuca | | | Senior Vice President — Chief Risk Officer | | | | | 9,584(20) | | | | | | * | | | | | | | | | | | | | | | |||||||||||||||
Christian M. Chelli | | | Senior Vice President — Chief Credit Officer | | | | | 7,190(21) | | | | | | * | | | | | | | | | | | | | | | |||||||||||||||
Shelia D. Crystaloski | | | Senior Vice President — Chief Technology Officer | | | | | 28,411(22) | | | | | | * | | | | | | | | | | | | | | | |||||||||||||||
All directors and executive officers as a group (18 persons) | | | | | | | | | | | | | | | | | 607,155 | | | | | | 13.03% | | | | | | | | | | | | | | | | |
| ACNB Corporation | | | CB Financial Services, Inc. | |
| MVB Financial Corp. | | | Norwood Financial Corp. | |
| Codorus Valley Bancorp, Inc. | | | Riverview Financial Corporation | |
| Evans Bancorp, Inc. | | | Middlefield Banc Corp. | |
| Chemung Financial Corporation | | | AmeriServ Financial, Inc. | |
| ESSA Bancorp, Inc. | | | Malvern Bancorp, Inc. | |
| Premier Financial Bancorp, Inc. | | | SB Financial Group, Inc. | |
| Penns Woods Bancorp, Inc. | | | Prudential Bancorp, Inc. | |
| Fidelity D & D Bancorp, Inc. | | | Pathfinder Bancorp, Inc. | |
| Farmers & Merchants Bancorp, Inc. | | | CF Bankshares Inc. | |
| Citizens & Northern Corporation | | | Ohio Valley Banc Corp. | |
| LCNB Corp. | | | United Bancshares, Inc. | |
| Meridian Corporation | | | Emclaire Financial Corp | |
| Franklin Financial Services Corporation | | | Cortland Bancorp | |
| FNCB Bancorp, Inc. | | | | |
| | | | | | | | | Selected Companies | | |||||||||||||||||||||
| | | STND | | | 25th Percentile | | | Median | | | Average | | | 75th Percentile | | |||||||||||||||
MRQ Core Return on Average Assets (%)(1) | | | | | 0.51 | | | | | | 0.59 | | | | | | 0.91 | | | | | | 0.98 | | | | | | 1.21 | | |
MRQ Core Return on Average Tangible Common Equity (%)(1) | | | | | 4.58 | | | | | | 7.31 | | | | | | 10.18 | | | | | | 11.19 | | | | | | 11.99 | | |
MRQ Net Interest Margin (%) | | | | | 2.82 | | | | | | 3.05 | | | | | | 3.26 | | | | | | 3.21 | | | | | | 3.49 | | |
MRQ Fee Income / Operating Revenue (%)(2) | | | | | 17.6 | | | | | | 14.1 | | | | | | 19.0 | | | | | | 24.9 | | | | | | 24.7 | | |
| | | | | | | | | Selected Companies | | |||||||||||||||||||||
| | | STND | | | 25th Percentile | | | Median | | | Average | | | 75th Percentile | | |||||||||||||||
MRQ Efficiency Ratio (%) | | | | | 61.9 | | | | | | 68.3 | | | | | | 63.9 | | | | | | 63.9 | | | | | | 59.5 | | |
| | | | | | | | | Selected Companies | | |||||||||||||||||||||
| | | STND | | | 25th Percentile | | | Median | | | Average | | | 75th Percentile | | |||||||||||||||
Tangible Common Equity / Tangible Assets (%) | | | | | 11.15 | | | | | | 7.78 | | | | | | 8.98 | | | | | | 9.06 | | | | | | 10.25 | | |
Total Risk Based Capital Ratio (%) | | | | | 17.93 | | | | | | 12.64 | | | | | | 14.01 | | | | | | 14.35 | | | | | | 15.67 | | |
Loans / Deposits (%) | | | | | 94.7 | | | | | | 81.4 | | | | | | 89.9 | | | | | | 90.2 | | | | | | 93.0 | | |
Loan Loss Reserve / Deposits (%) | | | | | 0.93 | | | | | | 0.96 | | | | | | 1.04 | | | | | | 1.05 | | | | | | 1.13 | | |
Nonperforming Assets / Loans + OREO (%) | | | | | 0.71 | | | | | | 1.49 | | | | | | 1.19 | | | | | | 1.17 | | | | | | 0.56 | | |
MRQ Net Charge-Offs / Average Loans (%) | | | | | 0.02 | | | | | | 0.08 | | | | | | 0.04 | | | | | | 0.10 | | | | | | 0.01 | | |
| | | | | | | | | Selected Companies | | |||||||||||||||||||||
| | | STND | | | 25th Percentile | | | Median | | | Average | | | 75th Percentile | | |||||||||||||||
One-Year Stock Price Change (%) | | | | | (33.0) | | | | | | (41.2) | | | | | | (33.6) | | | | | | (31.3) | | | | | | (23.0) | | |
Year-to-Date Stock Price Change (%) | | | | | (37.4) | | | | | | (45.4) | | | | | | (38.1) | | | | | | (36.2) | | | | | | (30.5) | | |
One-Year Total Return (%) | | | | | (30.6) | | | | | | (38.9) | | | | | | (30.3) | | | | | | (29.2) | | | | | | (21.0) | | |
Stock Price / Tangible Book Value per Share (x) | | | | | 0.76 | | | | | | 0.72 | | | | | | 0.82 | | | | | | 0.85 | | | | | | 0.93 | | |
Stock Price / LTM EPS (x) | | | | | 12.8 | | | | | | 8.0 | | | | | | 9.1 | | | | | | 9.6 | | | | | | 11.4 | | |
Price / 2020 EPS (x) | | | | | — | | | | | | 8.7 | | | | | | 10.1 | | | | | | 11.0 | | | | | | 12.4 | | |
Price / 2021 EPS (x) | | | | | — | | | | | | 9.1 | | | | | | 11.4 | | | | | | 11.2 | | | | | | 13.2 | | |
Price / 2022 EPS (x) | | | | | — | | | | | | 9.6 | | | | | | 12.1 | | | | | | 11.7 | | | | | | 13.9 | | |
Dividend Yield (%) | | | | | 4.7 | | | | | | 2.9 | | | | | | 3.8 | | | | | | 3.7 | | | | | | 5.1 | | |
LTM Dividend Payout Ratio (%) | | | | | 60.1 | | | | | | 21.4 | | | | | | 37.5 | | | | | | 35.3 | | | | | | 46.7 | | |
| Acquiror | | | Acquired Company | |
| Bridge Bancorp, Inc. | | | Dime Community Bancshares, Inc. | |
| Acquiror | | | Acquired Company | |
| Provident Financial Services, Inc. | | | SB One Bancorp | |
| United Community Banks, Inc. | | | Three Shores Bancorporation, Inc. | |
| Enterprise Financial Services Corp | | | Seacoast Commerce Banc Holdings | |
| Blue Ridge Bankshares, Inc. | | | Bay Banks of Virginia, Inc. | |
| | | Dollar / STND | | | Selected Transactions | | ||||||||||||
| | | Median | | | Average | | ||||||||||||
Transaction Value / Tangible Book Value (x) | | | | | 1.34 | | | | | | 1.21 | | | | | | 1.17 | | |
Transaction Value / LTM EPS (x) | | | | | 22.4 | | | | | | 11.5 | | | | | | 12.1 | | |
Core Deposit Premium (%) | | | | | 6.3 | | | | | | 3.3 | | | | | | 1.9 | | |
One-Day Market Premium (%) | | | | | 76.0 | | | | | | 21.4 | | | | | | 13.3 | | |
| | | At December 31, 2020 (in thousands) | | |||
Cash and equivalents | | | | $ | 44,176 | | |
Securities | | | | | 169,178 | | |
Total loans | | | | | 723,426 | | |
Allowance for loan losses | | | | | (7,756) | | |
Loans receivable, net | | | | | 715,670 | | |
Other assets | | | | | 75,087 | | |
Total Assets | | | | $ | 1,004,109 | | |
Noninterest-bearing deposits | | | | $ | 149,791 | | |
Interest bearing deposits | | | | | 612,641 | | |
Total deposits | | | | | 762,432 | | |
Borrowed funds | | | | | 92,275 | | |
Other liabilities | | | | | 4,266 | | |
Stockholders’ equity | | | | | 145,136 | | |
Total Liabilities & Equity | | | | $ | 1,004,109 | | |
| | | For the Year Ended December 31, 2020 (in thousands) | | |||
Total interest income | | | | $ | 36,493 | | |
Total interest expense | | | | | 7,343 | | |
Provision for loan losses | | | | | 2,958 | | |
Net interest income after provision for loan losses | | | | | 26,192 | | |
Noninterest income | | | | | 4,349 | | |
Noninterest expense | | | | | 21,507 | | |
|
| | | For the Year Ended December 31, 2020 (in thousands) | | |||
Net income before taxes | | | | | 9,034 | | |
Provision for income | | | | | 1,588 | | |
Net income | | | | $ | 7,446 | | |
|
Name of Individual | | | Loan Type | | | Date Originated | | | Original Loan Amount ($) | | | Highest Balance Since January 1, 2019 ($) | | | Balance on December 31, 2019 ($) | | | Interest Rate | | |||||||||||||||
Gregory Saxon (Saxon Associates) | | | Commercial Mortgage | | | | | 9/06/2007 | | | | | | 320,000 | | | | | | 157,409 | | | | | | 140,625 | | | | | | 7.00% | | |
Gregory Saxon (Saxon Associates) | | | Commercial Mortgage | | | | | 8/23/2016 | | | | | | 309,120 | | | | | | 283,276 | | | | | | 271,527 | | | | | | 3.50% | | |
Gregory Saxon (Saxon Associates) | | | Commercial Mortgage | | | | | 6/15/2007 | | | | | | 160,000 | | | | | | 35,717 | | | | | | 25,999 | | | | | | 3.85% | | |
Gregory Saxon | | | Flexline | | | | | 1/13/2005 | | | | | | 2,500 | | | | | | — | | | | | | — | | | | | | 11.00% | | |
John Lally (31 Bogard LLC) | | | Commercial Mortgage | | | | | 11/30/2015 | | | | | | 440,000 | | | | | | 410,083 | | | | | | — | | | | | | 4.35% | | |
John Lally | | | ODP | | | | | 5/06/2003 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | 11.00% | | |
Ronald Mock (900 Washington Ave) | | | Commercial Mortgage | | | | | 3/14/2016 | | | | | | 399,200 | | | | | | 363,861 | | | | | | — | | | | | | 4.63% | | |
Name of Individual | | | Loan Type | | | Date Originated | | | Original Loan Amount ($) | | | Highest Balance Since January 1, 2019 ($) | | | Balance on December 31, 2019 ($) | | | Interest Rate | | |||||||||||||||
Ronald Mock | | | Home Equity LOC | | | | | 6/30/2016 | | | | | | 100,000 | | | | | | 73,723 | | | | | | 82,623 | | | | | | 4.25% | | |
Ronald Mock | | | Home Equity | | | | | 6/30/2016 | | | | | | 69,026 | | | | | | 36,701 | | | | | | 22,761 | | | | | | 2.39% | | |
William Ferri (Franklin Plaza, Inc.) | | | Commercial Mortgage | | | | | 6/23/2010 | | | | | | 600,000 | | | | | | 107,715 | | | | | | — | | | | | | 5.38% | | |
Name | | | 2019 Salary ($) | | | 2018 Salary ($) | | | Percent Change | | |||||||||
Timothy K. Zimmerman | | | | $ | 360,000 | | | | | | 350,000 | | | | | | 2.9% | | |
Andrew W. Hasley | | | | $ | 299,000 | | | | | | 290,000 | | | | | | 3.1% | | |
Susan A. Parente | | | | $ | 198,000 | | | | | | 192,000 | | | | | | 3.1% | | |
Name | | | Target Bonus % | | | Actual Bonus as % of Base Salary | | | Actual Bonus Paid in Cash ($) | | | Actual Bonus Paid in Stock Award ($)(1) | | ||||||||||||
Timothy K. Zimmerman | | | | | 50% | | | | | | 43.8% | | | | | | 94,500 | | | | | | — | | |
Andrew W. Hasley | | | | | 40% | | | | | | 34.1% | | | | | | 63,866 | | | | | | — | | |
Susan A. Parente | | | | | 40% | | | | | | 18.8% | | | | | | 37,165 | | | | | | 22,275 | | |
Name and principal position | | | Year | | | Salary ($) | | | Bonus ($)(2) | | | Stock Awards ($)(3) | | | Option Awards ($) | | | Non-Equity Incentive Plan Compensation ($)(4) | | | All Other compensation ($)(5) | | | Total ($) | | ||||||||||||||||||||||||
Timothy K. Zimmerman Chief Executive Officer(1) | | | | | 2019 | | | | | | 360,000 | | | | | | | | | | | | | | | | | | | | | | | | 94,500 | | | | | | 92,376 | | | | | | 546,876 | | |
| | | 2018 | | | | | | 350,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 118,125 | | | | | | 106,211 | | | | | | 574,336 | | | ||
Andrew W. Hasley President(1) | | | | | 2019 | | | | | | 299,000 | | | | | | | | | | | | | | | | | | | | | | | | 63,866 | | | | | | 72,058 | | | | | | 434,924 | | |
| | | 2018 | | | | | | 290,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 77,162 | | | | | | 82,511 | | | | | | 449,673 | | | ||
Susan A. Parente Executive Vice President and Chief Financial Officer | | | | | 2019 | | | | | | 198,000 | | | | | | | | | | | | 22,275 | | | | | | | | | | | | 37,165 | | | | | | 24,942 | | | | | | 282,382 | | |
| | | 2018 | | | | | | 192,000 | | | | | | — | | | | | | 28,800 | | | | | | — | | | | | | 48,077 | | | | | | 21,160 | | | | | | 290,037 | | |
All Other Compensation | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||
Name | | | Year | | | Auto Expenses ($) | | | Long Term Disability ($) | | | ESOP Contributions ($)(1) | | | Employer Contributions to 401(k) Plan ($) | | | SERP Contributions ($) | | | Total All Other Compensation ($) | | | | | | | | | |||||||||||||||||||||||||||||||||||
Mr. Zimmerman | | | | | 2019 | | | | | | 4,704 | | | | | | 1,851 | | | | | | 15,654 | | | | | | 7,167 | | | | | | 63,000 | | | | | | 92,376 | | | | | | | | | | ||||||||||||||
Mr. Hasley | | | | | 2019 | | | | | | 9,600 | | | | | | — | | | | | | 15,641 | | | | | | 8,538 | | | | | | 38,279 | | | | | | 72,058 | | | | | | | | | | ||||||||||||||
Ms. Parente | | | | | 2019 | | | | | | — | | | | | | 657 | | | | | | 14,442 | | | | | | 9,843 | | | | | | — | | | | | | 24,942 | | | | | | | | | |
| | | | | | | | | | | | | | | Option Awards | | | Stock Awards | | ||||||||||||||||||||||||
Name | | | Grant Date | | | Number of securities underlying unexercised options (#) exercisable | | | Number of securities underlying unexercised options (#) unexercisable | | | Option exercise price ($) | | | Option expiration date | | | Number of shares or units of stock that have not vested | | | Market value of shares or units of stock that have not vested ($)(1)(2) | | |||||||||||||||||||||
Timothy K. Zimmerman, Chief Executive Officer | | | | | 7/25/2012 | | | | | | 70,500 | | | | | | — | | | | | | 16.50 | | | | | | 7/25/2022 | | | | | | — | | | | | | — | | |
| | | | | | | | | | | | | | | — | | | | | | | | | | | | | | | | | | — | | | | | | — | | | ||
Andrew W. Hasley, President | | | | | 2/17/2010 | | | | | | 6,249 | | | | | | — | | | | | | 18.12 | | | | | | 2/17/2020(1) | | | | | | — | | | | | | — | | |
| | | 2/24/2011 | | | | | | 4,031 | | | | | | — | | | | | | 20.02 | | | | | | 2/24/2021 | | | | | | — | | | | | | — | | | ||
Susan A. Parente, Executive Vice President and Chief Financial Officer | | | | | 7/25/2012 | | | | | | 15,400 | | | | | | — | | | | | | 16.50 | | | | | | 7/25/2022 | | | | | | — | | | | | | — | | |
Named Executive Officers | | | Cash ($)(1) | | | Equity ($)(2) | | | Pension/ NQDC($)(3) | | | Perquisites/ Benefits ($) | | | Total ($) | | |||||||||||||||
Andrew W. Hasley | | | | | 1,906,539 | | | | | | — | | | | | | 49,067 | | | | | | — | | | | | | 1,955,606 | | |
Timothy K. Zimmerman | | | | | 1,884,469 | | | | �� | | — | | | | | | — | | | | | | — | | | | | | 1,884,469 | | |
Susan A. Parente | | | | | 1,119,800 | | | | | | 39,072 | | | | | | — | | | | | | — | | | | | | 1,158,872 | | |
Name | | | Fees earned or paid in cash ($) | | | Stock awards ($) | | | Option awards ($) | | | Non-equity incentive plan compensation ($) | | | Nonqualified deferred compensation earnings ($) | | | All other compensation ($) | | | Total ($) | | |||||||||||||||||||||
Terence L. Graft | | | | | 42,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 47,000 | | |
John M. Lally | | | | | 32,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 37,000 | | |
David C. Mathews | | | | | 26,674 | | | | | | 4,167 | | | | | | — | | | | | | — | | | | | | — | | | | | | 58,333(1) | | | | | | 85,007 | | |
Ronald J. Mock | | | | | 32,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 37,000 | | |
Dale A. Walker | | | | | 36,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 41,000 | | |
Jennifer H. Lunden | | | | | 30,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 35,000 | | |
William T. Ferri | | | | | 30,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 35,000 | | |
Paul A. Iurlano | | | | | 30,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 35,000 | | |
Gregory J. Saxon | | | | | 37,200 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 42,200 | | |
Thomas J. Rennie | | | | | 30,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 35,000 | | |
R. Craig Thomasmeyer | | | | | 32,000 | | | | | | 5,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 37,000 | | |
| | | Restricted Stock ($) | | |||
Andrew W. Hasley | | | | | — | | |
Timothy K. Zimmerman | | | | | — | | |
Susan A. Parente | | | | | 39,072 | | |
| | | Individual SERP ($) | | |||
Andrew W. Hasley | | | | | 49,067 | | |
Name and Address | | | Number of Shares Owned | | | Percent of Common Stock Outstanding(1) | | ||||||
Standard Bank, PaSB Employee Stock Ownership Plan 2640 Monroeville Blvd. Monroeville, Pennsylvania 15146 | | | | | 253,588(2) | | | | | | 5.22% | | |
| | | Number of Shares Owned | | | Number of Shares That May Be Acquired Within 60 Days By Exercising Options | | | Percent of Common Stock Outstanding(1) | | |||||||||
Directors: | | | | | | | | | | | | | | | | | | | |
William T. Ferri | | | | | 45,160(2) | | | | | | — | | | | | | * | | |
Terence L. Graft | | | | | 50,371(3) | | | | | | — | | | | | | 1.06% | | |
Andrew W. Hasley | | | | | 49,162(4) | | | | | | — | | | | | | 1.03% | | |
Paul A. Iurlano | | | | | 28,162(5) | | | | | | — | | | | | | * | | |
John M. Lally | | | | | 32,793 | | | | | | — | | | | | | * | | |
Jennifer H. Lunden | | | | | 5,996 | | | | | | — | | | | | | * | | |
David C. Mathews | | | | | 60,477(6) | | | | | | — | | | | | | 1.27% | | |
Ronald J. Mock | | | | | 17,126 | | | | | | — | | | | | | * | | |
Thomas J. Rennie | | | | | 21,426(7) | | | | | | 7,995 | | | | | | * | | |
Gregory J. Saxon | | | | | 17,824 | | | | | | — | | | | | | * | | |
R. Craig Thomasmeyer | | | | | 28,164(8) | | | | | | — | | | | | | * | | |
Dale A. Walker | | | | | 26,205(9) | | | | | | — | | | | | | * | | |
Timothy K. Zimmerman | | | | | 82,340(10) | | | | | | — | | | | | | 1.72% | | |
Executive Officers Who Are Not Directors: | | | | | | | | | | | | | | | | | | | |
Susan A. Parente | | | | | 17,982(11) | | | | | | — | | | | | | * | | |
John P. Kline | | | | | 1,147(12) | | | | | | — | | | | | | * | | |
Susan M. DeLuca | | | | | 9,584(13) | | | | | | — | | | | | | * | | |
Christian M. Chelli | | | | | 7,190(14) | | | | | | — | | | | | | * | | |
Sheila D. Crystaloski | | | | | 23,898(15) | | | | | | — | | | | | | * | | |
All Directors and Executive Officers as a Group (18 persons) | | | | | 525,007 | | | | | | 7,995 | | | | | | 11.16% | | |
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