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| Terms expiring at this annual meeting: | | | ||
| |||||
| Terms expiring at the 2025 annual meeting: | | | Zachary W. Bawel, D. Neil Dauby, Susan J. Ellspermann, and Thomas W. Seger | |
| | Our Board recommends that you vote FOR all four (4) of the nominees named below. | | |
Total Number of Directors | | | | | | | | | | | | | 14 | | | | | | | | | | | | | 12 | | |||||||||||||||||
| | Female | | Male | | | | | | | Non- Binary | | Did Not Disclose Gender | | | Female | | Male | | |||||||||||||||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||
Directors | | | | 4 | | | | | 10 | | | | | | | | | | — | | | | | — | | | | | | 4 | | | | | 8 | | | |||||||
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||
African American or Black | | | | 1 | | | | | — | | | | | | | | | | — | | | | | — | | | | | | 1 | | | | | — | | | |||||||
Alaskan Native or Native American | | | | — | | | | | — | | | | | | | | | | — | | | | | — | | | ||||||||||||||||||
Asian | | | | — | | | | | — | | | | | | | | | | — | | | | | — | | | ||||||||||||||||||
Hispanic or Latinx | | | | — | | | | | — | | | | | | | | | | — | | | | | — | | | ||||||||||||||||||
Native Hawaiian or Pacific Islander | | | | — | | | | | — | | | | | | | | | | — | | | | | — | | | ||||||||||||||||||
White | | | | 3 | | | | | 10 | | | | | | | | | | — | | | | | — | | | | | | 3 | | | | | 8 | | | |||||||
Two or More Races or Ethnicities | | | | — | | | | | — | | | | | | | | | | — | | | | | — | | | ||||||||||||||||||
LGBTQ+ | | | | | | | | | | | | | | — | | | | | | | | | | | | | ||||||||||||||||||
Did Not Disclose Demographic Background | | | | | | | | | | | | | | — | | | | | | | | | | | | |
Name | | | Audit Committee | | | Compensation/ Human Resources Committee | | | Governance/ Nominating Committee | |
D. Neil Dauby | | | | | | | | | | |
Zachary W. Bawel | | | | | | C | | | X | |
Angela Curry | | | | | | X | | | | |
Susan J. Ellspermann | | | | | | X | | | | |
Marc D. Fine | | | | | | | | | X | |
Jason M. Kelly | | | X | | | | | | | |
Diane B. Medley | | | X | | | | | | | |
M. Darren Root | | | C | | | | | | | |
Christina M. Ryan | | | | | | X | | | | |
Thomas W. Seger | | | | | | X | | | C | |
Jack W. Sheidler | | | | | | | | | | |
Tyson J. Wagler | | | X | | | | | | | |
Number of meetings in 2023 | | | 5 | | | 4 | | | 3 | |
Name | | | Principal Positions | | | Age | |
D. Neil Dauby | | | | | | ||
Bradley M. Rust | | | | | |||
| |||||||
Clay M. Barrett | | | Executive Vice President and Chief Digital and Information Officer of the Company and its bank subsidiary. | | | | |
Michael F. Beckwith | | | Executive Vice President and Chief Banking Officer of the Company and its bank subsidiary. | | | 52 | |
Amy D. Jackson | | | Executive Vice President and Chief Administrative Officer of the Company and its bank subsidiary. | | | 47 | |
Keith A. Leinenbach | | | Executive Vice President and Chief Credit Officer of the Company and its bank subsidiary. | | | 65 | |
Bradley C. Arnett | | | Senior Vice President, Chief Legal Officer and Corporate Secretary of the Company and its bank subsidiary. | | | 59 | |
Vicki L. Schuler | | | Senior Vice President and Controller (Principal Accounting Officer) of the Company and its bank subsidiary. | | | |
Name | | | Common Shares Beneficially Owned(1) | | | Percentage of Outstanding Shares | | ||||||
Zachary W. Bawel | | | | | | | | | | * | | | |
Angela Curry | | | | | | | | | | * | | | |
D. Neil Dauby | | | | | | | | | | * | | | |
Susan J. Ellspermann | | | | | | | | | | * | | | |
Marc D. Fine | | | | | | | | | | * | | | |
Jason M. Kelly | | | | | | | | | | * | | | |
Diane B. Medley | | | | | | | | | | * | |||
| | ||||||||||||
M. Darren Root | | | | | | | | | | * | | | |
Christina M. Ryan | | | | | |||||||||
| | | | | * | | | ||||||
Thomas W. Seger | | | | | | | | | | | | ||
Jack W. Sheidler | | | | | | | | | | * | | | |
Tyson J. Wagler | | | | | | | | | * | | | ||
Bradley M. Rust | | | | | | | | | | * | | | |
| | | | | | | | | * | | | ||
Michael F. Beckwith | | | | | 24,362 | | | | | | * | | |
Amy D. Jackson | | | | | 7,750 | | | | | | * | | |
Keith A. Leinenbach | | | | | | | | | | * | | | |
| | | | ||||||||||
| | | | | * | | | ||||||
Vicki L. Schuler | | | | | | | | | | * | | | |
All directors and Executive Officers as a group | | | | | | | | | | | |
Name | | | Common Shares Beneficially Owned | | | Percentage of Outstanding Shares | | ||||||
BlackRock, Inc.(1) | | | | | | | | | | | | ||
| | | | | | | | | | |
| 1st Source Corporation | | | Civista Bancshares, Inc. | | | Community Trust Bancorp, Inc. | | | Farmers National Banc Corp. | |
| First Financial Corporation | | | First Mid Bancshares, Inc. | | | Horizon Bancorp, Inc. | | | Independent Bank Corporation | |
| Lakeland Financial Corporation | | | Macatawa Bank Corp. | | | Mercantile Bank Corporation | | | Midland States Bancorp, Inc. | |
| MidWestOne Financial Group, Inc. | | | Nicolet Bankshares, Inc. | | | Park National Corporation | | | Peoples Bancorp Inc. | |
| Premier Financial Corp. | | | QCR Holdings, Inc. | | | Republic Bancorp, Inc. | | | Stock Yards Bancorp, Inc. | |
Executive | | 2022 Base Salary | | 2021 Base Salary | | % Increase | | | 2023 Base Salary | | 2022 Base Salary | | % Increase | | ||||||||||||||||||||||||
Mr. Dauby | | | $ | 580,000 | | | | $ | 450,000 | | | | | 28.9% | | | | | $ | 625,000 | | | | $ | 580,000 | | | | | 7.8 | | | ||||||
Mr. Rust | | | $ | 440,000 | | | | $ | 375,000 | | | | | 17.3% | | | | | $ | 450,000 | | | | $ | 440,000 | | | | | 2.3 | | | ||||||
Mr. Braun | | | $ | 370,000 | | | | $ | 335,000 | | | | | 10.4% | | | ||||||||||||||||||||||
Mr. Leinenbach | | | $ | 340,000 | | | | $ | 310,000 | | | | | 9.7% | | | | | $ | 350,000 | | | | $ | 340,000 | | | | | 2.9 | | | ||||||
Mr. Beckwith | | | $ | 350,000 | | | | | — | | | | | — | | | ||||||||||||||||||||||
Ms. Jackson | | | $ | 265,000 | | | | | — | | | | | — | | | | | $ | 300,000 | | | | $ | 265,000 | | | | | 13.2 | | | ||||||
Mr. Barrett | | | $ | 250,000 | | | | | — | | | | | — | | | | | $ | 275,000 | | | | $ | 250,000 | | | | | 10.0 | | |
| | Potential 2022 Short-Term Award as Percentage of 2022 Base Salary at the Following Performance Levels | | | Potential 2023 Short-Term Award as Percentage of 2023 Base Salary at the Following Performance Levels | | ||||||||||||||||||||||||||||||||
Executive | | Good | | Very Good | | Exceptional | | | Good | | Very Good | | Exceptional | | ||||||||||||||||||||||||
Mr. Dauby | | | | 37.50% | | | | | 62.50% | | | | | 87.50% | | | | | | 37.50% | | | | | 62.50% | | | | | 87.50% | | | ||||||
Mr. Rust | | | | 30.00% | | | | | 50.00% | | | | | 70.00% | | | | | | 30.00% | | | | | 50.00% | | | | | 70.00% | | | ||||||
Mr. Braun | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||||||||||||||||||
Mr. Leinenbach | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||
Mr. Beckwith | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||||||||||||||||||
Ms. Jackson | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||
Mr. Barrett | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | |
Short-term Cash Incentive Award Criteria | | | Percentage of Potential Award | | |||
Corporate Operating Results: Formula assessments of | | | | | 80% | | |
Judgmental/Individual Criteria: Formula and/or judgmental assessments of personal or area | | | | | 20% | | |
Total | | | | | 100% | | |
Corporate Operating Measures | | | Percentage Weighting | | |||
Income/revenue measures (applied to all Executive Officers): | | | | | | | |
| | | | 25% | | | |
Efficiency ratio | | | | | 10% | | |
Consolidated balance sheet measures (applied to all Executive Officers): | | | | | | | |
Growth in core organic taxable loans | | | | | 20% | | |
Growth in core organic deposits and repurchase agreements | | | | | 15% | | |
Non-performing assets to total assets ratio | | | | | 10% | | |
Total | | | | | 80% | | |
Corporate Operating Measures | | | | |
Net income “trigger” | | | Exceeded | |
Income/revenue measures: | | | | |
| | Below Good (Threshold) | | |
Efficiency ratio | | | Between Good & Very Good | |
| ||||
Consolidated balance sheet measures: | | | | |
Growth in core organic taxable loans | | | Between Good & Very Good | |
Growth in core organic deposits and repurchase agreements | | | Below Good (Threshold) | |
Non-performing assets to total assets ratio | | | Above Exceptional | |
Overall short-term incentive performance | | | Between Good & Very Good | |
| | Potential 2022 Long-Term Incentive Award as Percentage of 2022 Base Salary at the Following Performance Levels | | | Potential 2023 Long-Term Incentive Award as Percentage of 2023 Base Salary at the Following Performance Levels | | ||||||||||||||||||||||||||||||||
Executive | | Good | | Very Good | | Exceptional | | | Good | | Very Good | | Exceptional | | ||||||||||||||||||||||||
Mr. Dauby | | | | 37.50% | | | | | 62.50% | | | | | 87.50% | | | | | | 37.50% | | | | | 62.50% | | | | | 87.50% | | | ||||||
Mr. Rust | | | | 30.00% | | | | | 50.00% | | | | | 70.00% | | | | | | 30.00% | | | | | 50.00% | | | | | 70.00% | | | ||||||
Mr. Braun | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||||||||||||||||||
Mr. Leinenbach | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||
Mr. Beckwith | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||||||||||||||||||
Ms. Jackson | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | ||||||
Mr. Barrett | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | | | | | 26.25% | | | | | 43.75% | | | | | 61.25% | | |
Long-term Corporate Performance Criteria | | | Percentage of Potential Award | | |||
Adjusted return on equity | | | | | 331∕3% | | |
Adjusted return on assets | | | | | 331∕3% | | |
Adjusted earnings per common share growth | | | | | 331∕3% | | |
Total | | | | | 100% | | |
Long-term Incentive Measures | | | | |
Net income “trigger” | | | Exceeded | |
Adjusted return on equity | | | Between Very Good & | |
Adjusted return on assets | | | Between Good & Very Good | |
Adjusted earnings per common share growth | | | Between Very Good & Exceptional | |
Overall long-term incentive performance | | | Between Very Good & Exceptional | |
Name and Principal Position | | Year | | Salary ($) | | Bonus(1) ($) | | Stock Awards(2) ($) | | Option Awards(3) ($) | | Non-Equity Incentive Plan Compensation(4) ($) | | Change in Pension Value and Non- qualified Deferred Compensation Earnings(5) ($) | | All Other Compensation(6) ($) | | Total ($) | | | Year | | Salary ($) | | Bonus(1) ($) | | Stock Awards(2) ($) | | Option Awards(3) ($) | | Non-Equity Incentive Plan Compensation(4) ($) | | Change in Pension Value and Non- qualified Deferred Compensation Earnings(5) ($) | | All Other Compensation(6) ($) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby, President and Chief Executive Officer | | | | | 2022 | | | | | 580,000 | | | | | ― | | | | | 403,122 | | | | | ― | | | | | 297,540 | | | | | ― | | | | | 93,389 | | | | | 1,374,051 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 425,000 | | | | | ― | | | | | 243,000 | | | | | ― | | | | | 244,440 | | | | | ― | | | | | 59,146 | | | | | 971,586 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | | 310,375 | | | | | ― | | | | | 146,554 | | | | | ― | | | | | 110,618 | | | | | ― | | | | | 45,507 | | | | | 613,054 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bradley M. Rust, Senior Executive Vice President, Chief Operating Officer and Chief Financial Officer | | | | | 2022 | | | | | 440,000 | | | | | ― | | | | | 244,652 | | | | | ― | | | | | 184,448 | | | | | 13,302 | | | | | 84,449 | | | | | 966,851 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 375,000 | | | | | ― | | | | | 202,513 | | | | | ― | | | | | 203,700 | | | | | 12,781 | | | | | 64,727 | | | | | 858,721 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | | 339,500 | | | | | ― | | | | | 146,554 | | | | | ― | | | | | 110,618 | | | | | 12,662 | | | | | 62,126 | | | | | 671,460 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Randall L. Braun, Executive Vice President and Chief Banking Officer | | | | | 2022 | | | | | 370,000 | | | | | ― | | | | | 180,007 | | | | | ― | | | | | 134,421 | | | | | ― | | | | | 79,363 | | | | | 763,791 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 335,000 | | | | | ― | | | | | 158,324 | | | | | ― | | | | | 159,226 | | | | | ― | | | | | 58,522 | | | | | 711,073 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | | 270,750 | | | | | ― | | | | | 113,341 | | | | | ― | | | | | 85,571 | | | | | ― | | | | | 54,208 | | | | | 523,870 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby, Chairman and Chief Executive Officer | | | | | 2023 | | | | | 625,000 | | | | | ― | | | | | 423,754 | | | | | ― | | | | | 254,688 | | | | | ― | | | | | 114,673 | | | | | 1,418,115 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 580,000 | | | | | ― | | | | | 403,122 | | | | | ― | | | | | 297,540 | | | | | ― | | | | | 93,389 | | | | | 1,374,051 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 425,000 | | | | | ― | | | | | 243,000 | | | | | | | | | | 244,440 | | | | | ― | | | | | 59,146 | | | | | 971,586 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bradley M. Rust, President and Chief Financial Officer | | | | | 2023 | | | | | 450,000 | | | | | ― | | | | | 244,086 | | | | | ― | | | | | 151,020 | | | | | 13,844 | | | | | 92,287 | | | | | 951,237 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 440,000 | | | | | ― | | | | | 244,652 | | | | | ― | | | | | 184,448 | | | | | 13,302 | | | | | 84,449 | | | | | 966,851 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 375,000 | | | | | ― | | | | | 202,513 | | | | | ― | | | | | 203,700 | | | | | 12,781 | | | | | 64,727 | | | | | 858,721 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach, Executive Vice President and Chief Credit Officer | | | | | 2022 | | | | | 340,000 | | | | | ― | | | | | 165,434 | | | | | ― | | | | | 123,522 | | | | | ― | | | | | 73,225 | | | | | 702,181 | | | | | | | 2023 | | | | | 350,000 | | | | | ― | | | | | 166,115 | | | | | ― | | | | | 102,778 | | | | | ― | | | | | 77,477 | | | | | 696,370 | | | ||||||||||||||||
| | | 2021 | | | | | 310,000 | | | | | ― | | | | | 146,501 | | | | | ― | | | | | 147,343 | | | | | ― | | | | | 60,562 | | | | | 664,406 | | | | | | 2022 | | | | | 340,000 | | | | | ― | | | | | 165,434 | | | | | ― | | | | | 123,522 | | | | | ― | | | | | 73,225 | | | | | 702,181 | | | |||||||||||||||||||
| | | 2020 | | | | | 295,000 | | | | | ― | | | | | 123,534 | | | | | ― | | | | | 93,235 | | | | | ― | | | | | 59,188 | | | | | 570,957 | | | | | | 2021 | | | | | 310,000 | | | | | ― | | | | | 146,501 | | | | | ― | | | | | 147,343 | | | | | ― | | | | | 60,562 | | | | | 664,406 | | | |||||||||||||||||||
Amy D. Jackson, Executive Vice President and Chief Administrative Officer | | | | 2022 | | | | | 265,000 | | | | | ― | | | | | 128,950 | | | | | ― | | | | | 96,275 | | | | | ― | | | | | 34,393 | | | | | 524,618 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Clay M. Barrett, Executive Vice President and Chief Digital and Information Officer | | | | 2022 | | | | | 250,000 | | | | | ― | | | | | 121,681 | | | | | ― | | | | | 89,950 | | | | | ― | | | | | 28,716 | | | | | 490,347 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Michael F. Beckwith, Executive Vice President and Chief Banking Officer | | | | 2023 | | | | | 350,000 | | | | | ― | | | | | 166,115 | | | | | ― | | | | | 100,328 | | | | | ― | | | | | 56,806 | | | | | 673,249 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amy D. Jackson, Executive Vice President and Chief Administrative Officer | | | | | 2023 | | | | | 300,000 | | | | | ― | | | | | 142,389 | | | | | ― | | | | | 87,045 | | | | | ― | | | | | 52,287 | | | | | 581,721 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 265,000 | | | | | ― | | | | | 128,950 | | | | | ― | | | | | 96,275 | | | | | ― | | | | | 34,393 | | | | | 524,618 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Clay M. Barrett, Executive Vice President and Chief Digital and Information Officer | | | | | 2023 | | | | | 275,000 | | | | | ― | | | | | 130,526 | | | | | ― | | | | | 77,866 | | | | | ― | | | | | 49,905 | | | | | 533,297 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 250,000 | | | | | ― | | | | | 121,681 | | | | | ― | | | | | 89,950 | | | | | ― | | | | | 28,716 | | | | | 490,347 | | |
Name | | Year | | Perquisites & Other Personal Benefits(a) ($) | | Relocation Expense Reimbursement ($) | | Payments/ Accruals on Termination Plans ($) | | Company Contributions to Defined Contribution Plans ($) | | Cash Dividends on Restricted Stock ($) | | Life Insurance Premiums(b) ($) | | | Year | | Perquisites & Other Personal Benefits(a) ($) | | Relocation Expense Reimbursement ($) | | Payments/ Accruals on Termination Plans ($) | | Company Contributions to Defined Contribution Plans ($) | | Cash Dividends on Restricted Stock ($) | | Life Insurance Premiums(b) ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | | 2022 | | | | | 48,308 | | | | | ― | | | | | ― | | | | | 37,541 | | | | | 6,818 | | | | | 722 | | | | | | | 2023 | | | | | 55,064 | | | | | | | | | | | | | | | 43,698 | | | | | 14,730 | | | | | 1,181 | | | ||||||||||||
| | | 2021 | | | | | 31,163 | | | | | ― | | | | | ― | | | | | 24,194 | | | | | 3,067 | | | | | 722 | | | | | | 2022 | | | | | 48,308 | | | | | ― | | | | | ― | | | | | 37,541 | | | | | 6,818 | | | | | 722 | | | |||||||||||||||
| | | 2020 | | | | | 24,571 | | | | | ― | | | | | ― | | | | | 18,817 | | | | | 1,397 | | | | | 722 | | | | | | 2021 | | | | | 31,163 | | | | | ― | | | | | ― | | | | | 24,194 | | | | | 3,067 | | | | | 722 | | | |||||||||||||||
Bradley M. Rust | | | | | 2022 | | | | | 47,178 | | | | | ― | | | | | ― | | | | | 30,252 | | | | | 6,297 | | | | | 722 | | | | | | | 2023 | | | | | 50,161 | | | | | | | | | | | | | | | 30,936 | | | | | 10,468 | | | | | 722 | | | ||||||||||||
| | | 2021 | | | | | 37,897 | | | | | ― | | | | | ― | | | | | 22,642 | | | | | 3,466 | | | | | 722 | | | | | | 2022 | | | | | 47,178 | | | | | ― | | | | | ― | | | | | 30,252 | | | | | 6,297 | | | | | 722 | | | |||||||||||||||
| | | 2020 | | | | | 37,883 | | | | | ― | | | | | ― | | | | | 21,992 | | | | | 1,865 | | | | | 386 | | | | | | 2021 | | | | | 37,897 | | | | | ― | | | | | ― | | | | | 22,642 | | | | | 3,466 | | | | | 722 | | | |||||||||||||||
Randall L. Braun | | | | | 2022 | | | | | 48,690 | | | | | ― | | | | | ― | | | | | 24,684 | | | | | 4,880 | | | | | 1,109 | | | |||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 40,434 | | | | | ― | | | | | ― | | | | | 14,342 | | | | | 2,638 | | | | | 1,109 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | | 34,550 | | | | | ― | | | | | ― | | | | | 17,152 | | | | | 1,397 | | | | | 1,109 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | | 2022 | | | | | 43,608 | | | | | ― | | | | | ― | | | | | 23,673 | | | | | 4,835 | | | | | 1,109 | | | | | | | 2023 | | | | | 44,115 | | | | | | | | | | | | | | | 23,761 | | | | | 7,467 | | | | | 2,134 | | | ||||||||||||
| | | 2021 | | | | | 38,752 | | | | | ― | | | | | ― | | | | | 17,893 | | | | | 2,808 | | | | | 1,109 | | | | | | 2022 | | | | | 43,608 | | | | | ― | | | | | ― | | | | | 23,673 | | | | | 4,835 | | | | | 1,109 | | | |||||||||||||||
| | | 2020 | | | | | 37,747 | | | | | ― | | | | | ― | | | | | 18,892 | | | | | 1,440 | | | | | 1,109 | | | | | | 2021 | | | | | 38,752 | | | | | ― | | | | | ― | | | | | 17,893 | | | | | 2,808 | | | | | 1,109 | | | |||||||||||||||
Michael F. Beckwith | | | | 2023 | | | | | 32,577 | | | | | | | | | | | | | | | 20,716 | | | | | 3,127 | | | | | 386 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Amy D. Jackson | | | | | 2023 | | | | | 30,311 | | | | | | | | | | | | | | | 17,712 | | | | | 4,012 | | | | | 252 | | | |||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 18,952 | | | | | ― | | | | | ― | | | | | 13,746 | | | | | 1,443 | | | | | 252 | | | | | | 2022 | | | | | 18,952 | | | | | ― | | | | | ― | | | | | 13,746 | | | | | 1,443 | | | | | 252 | | | |||||||||||||||
Clay M. Barrett | | | | 2022 | | | | | 17,149 | | | | | ― | | | | | ― | | | | | 10,257 | | | | | 1,058 | | | | | 252 | | | | | | | 2023 | | | | | 29,957 | | | | | | | | | | | | | | | 16,143 | | | | | 3,553 | | | | | 252 | | | |||||||||||||
Clay M. Barrett | | | | 2022 | | | | | 17,149 | | | | | ― | | | | | ― | | | | | 10,257 | | | | | 1,058 | | | | | 252 | | |
| | | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#) | | All Other Awards: Number of Securities Under- lying Options (#) | | Exercise or Base Price of Option Awards ($/Share) | | | | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#) | | All Other Awards: Number of Securities Under- lying Options (#) | | Exercise or Base Price of Option Awards ($/Share) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Grant Date* | | Good ($) | | Very Good ($) | | Exceptional ($) | | Good (#) | | Very Good (#) | | Exceptional (#) | | | Grant Date* | | Good ($) | | Very Good ($) | | Exceptional ($) | | Good (#) | | Very Good (#) | | Exceptional (#) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | (k) | | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | (k) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | 03-07-22 | | | | | 217,500 | | | | | 362,500 | | | | | 507,500 | | | | | 5,832 | | | | | 9,719 | | | | | 13,606 | | | | | ― | | | | | ― | | | | | ― | | | | | | 2-27-23 | | | | | 234,375 | | | | | 390,625 | | | | | 546,875 | | | | | 7,231 | | | | | 12,052 | | | | | 16,873 | | | | | — | | | | | ― | | | | | ― | | | ||||||||||||||||||||
Bradley M. Rust | | | | 03-07-22 | | | | | 132,000 | | | | | 220,000 | | | | | 308,000 | | | | | 3,539 | | | | | 5,899 | | | | | 8,258 | | | | | ― | | | | | ― | | | | | ― | | | | | | 2-27-23 | | | | | 135,000 | | | | | 225,000 | | | | | 315,000 | | | | | 4,165 | | | | | 6,942 | | | | | 9,719 | | | | | ― | | | | | ― | | | | | ― | | | ||||||||||||||||||||
Randall L. Braun | | | | 03-07-22 | | | | | 97,125 | | | | | 161,875 | | | | | 226,625 | | | | | 2,604 | | | | | 4,340 | | | | | 6,076 | | | | | ― | | | | | ― | | | | | ― | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Michael F. Beckwith | | | | 2-27-23 | | | | | 91,875 | | | | | 153,125 | | | | | 214,375 | | | | | 2,834 | | | | | 4,724 | | | | | 6,614 | | | | | ― | | | | | ― | | | | | ― | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | 03-07-22 | | | | | 89,250 | | | | | 148,750 | | | | | 208,250 | | | | | 2,393 | | | | | 3,988 | | | | | 5,584 | | | | | ― | | | | | ― | | | | | ― | | | | | | 2-27-23 | | | | | 91,875 | | | | | 153,125 | | | | | 214,375 | | | | | 2,834 | | | | | 4,724 | | | | | 6,614 | | | | | ― | | | | | ― | | | | | ― | | | ||||||||||||||||||||
Amy D. Jackson | | | | 03-07-22 | | | | | 69,563 | | | | | 115,938 | | | | | 162,313 | | | | | 1,865 | | | | | 3,109 | | | | | 4,352 | | | | | ― | | | | | ― | | | | | ― | | | | | | 2-27-23 | | | | | 78,750 | | | | | 131,250 | | | | | 183,750 | | | | | 2,429 | | | | | 4,049 | | | | | 5,669 | | | | | ― | | | | | ― | | | | | ― | | | ||||||||||||||||||||
Clay M. Barrett | | | | 03-07-22 | | | | | 65,625 | | | | | 109,375 | | | | | 153,125 | | | | | 1,760 | | | | | 2,933 | | | | | 4,105 | | | | | ― | | | | | ― | | | | | ― | | | | | | 2-27-23 | | | | | 72,188 | | | | | 120,313 | | | | | 168,438 | | | | | 2,227 | | | | | 3,712 | | | | | 5,197 | | | | | ― | | | | | ― | | | | | ― | | |
| | Option Awards | | Stock Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||
Name | | Number of Shares Acquired on Exercise (#) | | Value Realized on Exercise ($) | | Number of Shares Acquired on Vesting (#) | | Value Realized on Vesting ($) | | | Number of Shares Acquired on Exercise (#) | | Value Realized on Exercise ($) | | Number of Shares Acquired on Vesting (#) | | Value Realized on Vesting ($) | | ||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | | (b) | | (c) | | (d) | | (e) | | ||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | ― | | | | | ― | | | | | 1,581 | | | | | 62,575 | | | | | | ― | | | | | ― | | | | | 3,037 | | | | | 103,167 | | | ||||||||
Bradley M. Rust | | | | ― | | | | | ― | | | | | 1,778 | | | | | 70,293 | | | | | | ― | | | | | ― | | | | | 2,698 | | | | | 91,651 | | | ||||||||
Randall L. Braun | | | | ― | | | | | ― | | | | | 1,354 | | | | | 53,538 | | | |||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | ― | | | | | ― | | | | | 1,441 | | | | | 56,991 | | | | | | ― | | | | | ― | | | | | 2,071 | | | | | 70,352 | | | ||||||||
Michael F. Beckwith | | | | ― | | | | | ― | | | | | 1,056 | | | | | 31,881 | | | |||||||||||||||||||||||||||||
Amy D. Jackson | | | | ― | | | | | ― | | | | | 631 | | | | | 24,723 | | | | | | ― | | | | | ― | | | | | 710 | | | | | 21,435 | | | ||||||||
Clay M. Barrett | | | | ― | | | | | ― | | | | | 454 | | | | | 17,788 | | | | | | ― | | | | | ― | | | | | 525 | | | | | 15,850 | | |
| | Option Awards | | Stock Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) | | Option Exercise Price ($) | | Option Expiration Date | | Number of Shares or Units of Stock That Have Not Vested (#) | | Market Value of Shares or Units of Stock That Have Not Vested ($) | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) | | Option Exercise Price ($) | | 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 ($) | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | (j) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 19,974 | | | | | 745,043 | | | | | ― | | | | | ― | | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 29,224 | | | | | 947,150 | | | | | ― | | | | | ― | | | ||||||||||||||||||
Bradley M. Rust | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 14,292 | | | | | 533,104 | | | | | ― | | | | | ― | | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 18,247 | | | | | 591,385 | | | | | ― | | | | | ― | | | ||||||||||||||||||
Randall L. Braun | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 10,825 | | | | | 403,785 | | | | | ― | | | | | ― | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 10,238 | | | | | 381,865 | | | | | ― | | | | | ― | | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 12,532 | | | | | 406,162 | | | | | ― | | | | | ― | | | ||||||||||||||||||
Michael F. Beckwith | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 7,763 | | | | | 251,599 | | | | | ― | | | | | ― | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amy D. Jackson | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 4,961 | | | | | 185,045 | | | | | ― | | | | | ― | | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 8,716 | | | | | 282,486 | | | | | ― | | | | | ― | | | ||||||||||||||||||
Clay M. Barrett | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 4,448 | | | | | 165,910 | | | | | ― | | | | | ― | | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 8,016 | | | | | 259,799 | | | | | ― | | | | | ― | | |
Name | | Executive Contributions in Last FY ($) | | Registrant Contributions in Last FY ($)(1) | | Aggregate Earnings (Loss) in Last FY ($)(2) | | Aggregate Withdrawals/ Distributions ($) | | Aggregate Balance at last FYE ($)(3) | | | Executive Contributions in Last FY ($) | | Registrant Contributions in Last FY ($)(1) | | Aggregate Earnings (Loss) in Last FY ($)(2) | | Aggregate Withdrawals/ Distributions ($) | | Aggregate Balance at last FYE ($)(3) | | ||||||||||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | (f) | | | (b) | | (c) | | (d) | | (e) | | (f) | | ||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | 42,947 | | | | | 25,341 | | | | | (13,217) | | | | | ― | | | | | 90,974 | | | | | | 67,355 | | | | | 30,498 | | | | | 39,305 | | | | | ― | | | | | 222,975 | | | ||||||||||
Bradley M. Rust | | | | 18,692 | | | | | 18,052 | | | | | 1,367 | | | | | ― | | | | | 110,386 | | | | | | 19,392 | | | | | 17,736 | | | | | 6,519 | | | | | ― | | | | | 154,349 | | | ||||||||||
Randall L. Braun | | | | 7,860 | | | | | 12,848 | | | | | (3,002) | | | | | ― | | | | | 44,673 | | | ||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | 7,245 | | | | | 11,473 | | | | | (730) | | | | | ― | | | | | 44,495 | | | | | | 7,533 | | | | | 10,561 | | | | | 5,064 | | | | | ― | | | | | 68,565 | | | ||||||||||
Michael F. Beckwith | | | | 26,000 | | | | | 7,516 | | | | | 11,323 | | | | | ― | | | | | 92,625 | | | ||||||||||||||||||||||||||||||||||||
Amy D. Jackson | | | | 5,569 | | | | | 3,636 | | | | | (227) | | | | | ― | | | | | 5,342 | | | | | | 6,411 | | | | | 4,512 | | | | | 1,979 | | | | | ― | | | | | 17,367 | | | ||||||||||
Clay M. Barrett | | | | 13,133 | | | | | 1,903 | | | | | (4,382) | | | | | ― | | | | | 29,471 | | | | | | 8,825 | | | | | 2,943 | | | | | 7,290 | | | | | ― | | | | | 47,488 | | |
Name | | | Plan Name | | | Number of Years Credited Service (#) | | | Present Value of Accumulated Benefit ($) | | | Payments During Last Fiscal Year ($) | | |||||||||
(a) | | | (b) | | | (c) | | | (d) | | | (e) | | |||||||||
D. Neil Dauby | | | ― | | | | | ― | | | | | | ― | | | | | | ― | | |
Bradley M. Rust | | | Executive Supplemental Retirement Income Agreement | | | | | N/A(1) | | | | | | |||||||||
Retirement Agreement | | | | | | None | | | ||||||||||||||
Keith A. Leinenbach | | | Supplemental Executive Retirement Agreement | | | | | N/A(1) | | | | | | 0 | | | | | | None | | |
Michael F. Beckwith | | | ― | | | | | ― | | | | | | ― | | | | | | ― | | |
Amy D. Jackson | | | ― | | | | | ― | | | | | | ― | | | | | | ― | | |
Clay M. Barrett | | | ― | | | | | ― | | | | | | ― | | | | | | ― | | |
| | Scheduled to Vest March 15, 2023 | | Scheduled to Vest December 5, 2023 | | Scheduled to Vest March 15, 2024 | | Scheduled to Vest December 5, 2024 | | Scheduled to Vest March 15, 2025 | | | Total Market Value of Shares(1) ($) | | | Scheduled to Vest March 15, 2024 | | Scheduled to Vest December 5, 2024 | | Scheduled to Vest March 15, 2025 | | Scheduled to Vest December 5, 2025 | | Scheduled to Vest March 15, 2026 | | | Total Market Value of Shares(1) ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | Number of Shares (#) | | Market Value of Shares(1) ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
D. Neil Dauby | | | | 3,037 | | | | | 113,280 | | | | | — | | | | | — | | | | | 3,036 | | | | | 113,243 | | | | | — | | | | | — | | | | | 2,034 | | | | | 75,868 | | | | | 302,391 | | | | | | 6,992 | | | | | 226,611 | | | | | — | | | | | — | | | | | 5,990 | | | | | 194,136 | | | | | — | | | | | — | | | | | 3,955 | | | | | 128,182 | | | | | 548,928 | | | ||||||||||||||||||||||
Bradley M. Rust | | | | 2,698 | | | | | 100,635 | | | | | — | | | | | — | | | | | 2,697 | | | | | 100,598 | | | | | — | | | | | — | | | | | 1,695 | | | | | 63,224 | | | | | 264,457 | | | | | | 5,098 | | | | | 165,226 | | | | | — | | | | | — | | | | | 4,096 | | | | | 132,751 | | | | | — | | | | | — | | | | | 2,400 | | | | | 77,784 | | | | | 375,762 | | | ||||||||||||||||||||||
Randall L. Braun | | | | 2,101 | | | | | 78,367 | | | | | — | | | | | — | | | | | 2,100 | | | | | 78,330 | | | | | — | | | | | — | | | | | 1,325 | | | | | 49,423 | | | | | 206,120 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Keith A. Leinenbach | | | | 2,071 | | | | | 77,248 | | | | | — | | | | | — | | | | | 2,071 | | | | | 77,248 | | | | | — | | | | | — | | | | | 1,226 | | | | | 45,730 | | | | | 200,226 | | | | | | 3,694 | | | | | 119,723 | | | | | — | | | | | — | | | | | 2,849 | | | | | 92,336 | | | | | — | | | | | — | | | | | 1,624 | | | | | 52,634 | | | | | 264,692 | | | ||||||||||||||||||||||
Michael F. Beckwith | | | | — | | | | | — | | | | | 1,587 | | | | | 51,435 | | | | | — | | | | | — | | | | | 967 | | | | | 31,340 | | | | | — | | | | | — | | | | | 82,775 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amy D. Jackson | | | | — | | | | | — | | | | | 710 | | | | | 26,483 | | | | | — | | | | | — | | | | | 455 | | | | | 16,972 | | | | | — | | | | | — | | | | | 43,455 | | | | | | 1,265 | | | | | 40,999 | | | | | 455 | | | | | 14,747 | | | | | 1,265 | | | | | 40,999 | | | | | — | | | | | — | | | | | 1,266 | | | | | 41,031 | | | | | 137,775 | | | ||||||||||||||||||||||
Clay M. Barrett | | | | — | | | | | — | | | | | 525 | | | | | 19,583 | | | | | — | | | | | — | | | | | 341 | | | | | 12,719 | | | | | — | | | | | — | | | | | 32,302 | | | | | | 1,194 | | | | | 38,698 | | | | | 341 | | | | | 11,052 | | | | | 1,194 | | | | | 38,698 | | | | | — | | | | | — | | | | | 1,194 | | | | | 36,698 | | | | | 127,144 | | |
Year | | Summary compensation table total for PEO(1) ($) | | Compensation actually paid to PEO(2) ($) | | Average summary compensation table total for non-PEO named executive officers(1) ($) | | Average compensation actually paid to non-PEO named executive officers(2) ($) | | | Value of initial fixed td00 investment based on: | | | Net income(5) ($ Millions) | | 3-Year Average Growth in Adjusted Earnings per Share(6) | | | Summary compensation table total for PEO(1) ($) | | Compensation actually paid to PEO(2) ($) | | Average summary compensation table total for non-PEO named executive officers(1) ($) | | Average compensation actually paid to non-PEO named executive officers(2) ($) | | | Value of initial fixed td00 investment based on: | | | Net income(5) ($ Thousands) | | 3-Year Average Growth in Adjusted Earnings per Share(6) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total shareholder return(3) ($) | | Peer group total shareholder return(4) ($) | | | Total shareholder return(3) ($) | | Peer group total shareholder return(4) ($) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | | (b) | | (c) | | (d) | | (e) | | (f) | | (g) | | (h) | | (i) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | | | | 1,418,115 | | | | | 1,344,065 | | | | | 687,175 | | | | | 637,832 | | | | | 100.86 | | | | | 102.59 | | | | $ | 85,888 | | | | | 9% | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | | | | 1,374,051 | | | | | 1,196,188 | | | | | 689,558 | | | | | 629,669 | | | | | 112.33 | | | | | 110.78 | | | | $ | 81,825 | | | | | 13% | | | | | | 1,374,051 | | | | | 1,196,188 | | | | | 689,558 | | | | | 624,348 | | | | | 112.33 | | | | | 110.78 | | | | $ | 81,825 | | | | | 13% | | | ||||||||||||||||
2021 | | | | 1,626,579 | | | | | 1,518,365 | | | | | 801,437 | | | | | 732,650 | | | | | 114.58 | | | | | 129.96 | | | | $ | 84,137 | | | | | 18% | | | | | | 1,626,579 | | | | | 1,518,365 | | | | | 801,437 | | | | | 726,260 | | | | | 114.58 | | | | | 129.96 | | | | $ | 84,137 | | | | | 18% | | | ||||||||||||||||
2020 | | | | 1,370,874 | | | | | 1,122,181 | | | | | 626,800 | | | | | 531,450 | | | | | 95.22 | | | | | 92.90 | | | | $ | 62,210 | | | | | 10% | | | | | | 1,370,874 | | | | | 1,122,181 | | | | | 626,800 | | | | | 526,384 | | | | | 95.22 | | | | | 92.90 | | | | $ | 62,210 | | | | | 10% | | |
Year | | | PEO | | | Non-PEO NEOS | |
2023 | | | D. Neil Dauby | | | Bradley M. Rust, Keith A. Leinenbach, Michael F. Beckwith, Amy D. Jackson and Clay M. Barrett | |
2022 | | | D. Neil Dauby | | | Bradley M. Rust, Randall L. Braun, Keith A. Leinenbach, Amy D. Jackson and Clay M. Barrett | |
2021 | | | Mark A. Schroeder | | | D. Neil Dauby, Bradley M. Rust, Randall L. Braun and Keith A. Leinenbach | |
2020 | | | Mark A. Schroeder | | | D. Neil Dauby, Clay W. Ewing, Bradley M. Rust, Randall L. Braun and Keith A. Leinenbach | |
| | | Fiscal Year (“FY”) 2022 | | | FY 2021 | | | FY 2020 | | |||||||||||||||||||||||||||
Description | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | ||||||||||||||||||
Deduct the amounts reported in the SCT for “stock awards” (column (e)) and “option awards” (column (f)) | | | | | (403,122) | | | | | | (168,145) | | | | | | (421,906) | | | | | | (187,585) | | | | | | (358,801) | | | | | | (141,882) | | |
Add the fair value (“FV”) as of the end of the applicable FY of all awards granted during such FY that are outstanding and unvested as of the end of the FY | | | | | 227,679 | | | | | | 106,946 | | | | | | 286,776 | | | | | | 105,899 | | | | | | 116,742 | | | | | | 46,736 | | |
Add/Deduct the change as of the end of the applicable FY (from the end of the prior FY) in FV of any awards granted in any prior FY that are outstanding and unvested as of the end of such FY | | | | | (3,367) | | | | | | (1,908) | | | | | | 10,390 | | | | | | 3,725 | | | | | | (1,796) | | | | | | (744) | | |
Add, for awards that are granted and vest in the same year, the FV as of the vesting date | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Add/Deduct the change as of the vesting date (from the end of the prior FY) in FV of any awards granted in any prior FY for which all applicable vesting conditions were satisfied at the end of or during the applicable FY | | | | | 947 | | | | | | 557 | | | | | | 16,526 | | | | | | 5,979 | | | | | | (4,838) | | | | | | (1,994) | | |
Subtract, for any awards granted in any prior FY that fail to meet the applicable vesting conditions during the applicable FY, the amount equal to the FV at the end of the prior FY | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Description | | | Fiscal Year (“FY”) 2023 | | | FY 2022 | | | FY 2021 | | | FY 2020 | | ||||||||||||||||||||||||||||||||||||
| PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | ||||||||||||||||||||||||||
Deduct the amounts reported in the SCT for “stock awards” (column (e)) and “option awards” (column (f)) | | | | | (423,754) | | | | | | (169,846) | | | | | | (403,122) | | | | | | (168,145) | | | | | | (421,906) | | | | | | (187,585) | | | | | | (358,801) | | | | | | (141,882) | | |
Add the fair value (“FV”) as of the end of the applicable FY of all awards granted during such FY that are outstanding and unvested as of the end of the FY | | | | | 384,609 | | | | | | 138,611 | | | | | | 227,679 | | | | | | 106,946 | | | | | | 286,776 | | | | | | 105,899 | | | | | | 116,742 | | | | | | 46,736 | | |
Add/Deduct the change as of the end of the applicable FY (from the end of the prior FY) in FV of any awards granted in any prior FY that are outstanding and unvested as of the end of such FY | | | | | (24,792) | | | | | | (8,905) | | | | | | (3,367) | | | | | | (1,908) | | | | | | 10,390 | | | | | | 3,725 | | | | | | (1,796) | | | | | | (744) | | |
Add, for awards that are granted and vest in the same year, the FV as of the vesting date | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Add/Deduct the change as of the vesting date (from the end of the prior FY) in FV of any awards granted in any prior FY for which all applicable vesting conditions were satisfied at the end of or during the applicable FY | | | | | (10,113) | | | | | | (6,434) | | | | | | 947 | | | | | | 557 | | | | | | 16,526 | | | | | | 5,979 | | | | | | (4,838) | | | | | | (1,994) | | |
Subtract, for any awards granted in any prior FY that fail to meet the applicable vesting conditions during the applicable FY, the amount equal to the FV at the end of the prior FY | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Add any dividends or other earnings paid on stock or option awards in the applicable FY prior to the vesting date that are not otherwise included in the total compensation for such FY | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Deduct aggregate change in the Actuarial Present Values reported under the “Change in Pension Value” Column of the SCT | | | | | — | | | | | | (2,769) | | | | | | — | | | | | | (2,660) | | | | | | — | | | | | | (3,195) | | | | | | — | | | | | | (2,532) | | |
Add, for all pension plans reported in the SCT, the aggregate of Service Cost and Prior Service Cost | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total | | | | | (74,050) | | | | | | (49,343) | | | | | | (177,863) | | | | | | (65,210) | | | | | | (108,214) | | | | | | (75,177) | | | | | | (248,693) | | | | | | (100,416) | | |
| | | Fiscal Year (“FY”) 2022 | | | FY 2021 | | | FY 2020 | | |||||||||||||||||||||||||||
Description | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | | PEO ($) | | | Average for Non-PEO NEOs ($) | | ||||||||||||||||||
Add any dividends or other earnings paid on stock or option awards in the applicable FY prior to the vesting date that are not otherwise included in the total compensation for such FY | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Deduct aggregate change in the Actuarial Present Values reported under the “Change in Pension Value” Column of the SCT | | | | | — | | | | | | 2,660 | | | | | | — | | | | | | 3,195 | | | | | | — | | | | | | 2,532 | | |
Add, for all pension plans reported in the SCT, the aggregate of Service Cost and Prior Service Cost | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total | | | | | (177,863) | | | | | | (59,889) | | | | | | (108,214) | | | | | | (68,786) | | | | | | (248,693) | | | | | | (95,351) | | |
|
Name | | Fees Earned or Paid in Cash ($) | | Stock Awards ($)(1) | | Option Awards | | Non-Equity Incentive Compensation | | Change in Pension Value and Non- qualified Deferred Compensation Earnings ($) | | All Other Compensation | | Total ($) | | | Fees Earned or Paid in Cash ($) | | Stock Awards ($)(1) | | Option Awards | | Non-Equity Incentive Compensation | | Change in Pension Value and Non- qualified Deferred Compensation Earnings ($) | | All Other Compensation | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Zachary W. Bawel | | | | 51,300 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 76,276 | | | | | | 53,750 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 93,723 | | | ||||||||||||||
Angela Curry | | | | 39,650 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 79,623 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Susan J. Ellspermann | | | | 40,350 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 65,326 | | | | | | 43,700 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 83,673 | | | ||||||||||||||
Marc D. Fine | | | | 56,450 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 81,426 | | | | | | 57,150 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 97,123 | | | ||||||||||||||
Jason M. Kelly | | | | 50,600 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 75,576 | | | | | | 51,450 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 91,423 | | | ||||||||||||||
Diane B. Medley | | | | 32,900 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 57,876 | | | | | | 43,400 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 83,373 | | | ||||||||||||||
Chris A. Ramsey(2) | | | | 40,350 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 65,326 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
M. Darren Root | | | | 56,000 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 80,976 | | | | | | 54,950 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 94,923 | | | ||||||||||||||
Christina M. Ryan | | | | 44,100 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 69,076 | | | | | | 38,750 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 78,723 | | | ||||||||||||||
Mark A. Schroeder | | | | 50,250 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | 1,210,249(3) | | | | | 1,285,475 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas W. Seger | | | | 75,650 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 100,626 | | | | | | 83,050 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 123,023 | | | ||||||||||||||
Jack W. Sheidler | | | | 52,200 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 77,176 | | | | | | 53,100 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 93,073 | | | ||||||||||||||
Tyson J. Wagler | | | | 48,050 | | | | | 24,976 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 73,026 | | | | | | 50,100 | | | | | 39,973 | | | | | ― | | | | | ― | | | | | ― | | | | | ― | | | | | 90,073 | | |
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