04/08/2021 | Press release | Distributed by Public on 04/08/2021 12:07
Name(1)
|
| |
Common
Stock Beneficially Owned |
| |
Exercisable Options
Included in Common Stock Beneficially Owned |
| |
Percentage
of Class |
| |||||||||
Directors | | | | | | | | | | | | | | | | | | | |
Morton A. Bender
|
| | | | 750,097 | | | | | | - | | | | | | 5.50% | | |
Patricia A. Ferrick(2)
|
| | | | 187,919 | | | | | | 130,018 | | | | | | 1.36% | | |
L. Burwell Gunn
|
| | | | 125,944 | | | | | | 103,167 | | | | | | * | | |
Meena Krishnan
|
| | | | 15,020 | | | | | | - | | | | | | * | | |
Scott Laughlin
|
| | | | 175,205 | | | | | | 93,836 | | | | | | 1.28% | | |
Thomas L. Patterson
|
| | | | 218,282 | | | | | | 93,836 | | | | | | 1.59% | | |
David W. Pijor(2)
|
| | | | 609,202 | | | | | | 351,560 | | | | | | 4.35% | | |
Devin Satz
|
| | | | 185,032 | | | | | | 93,836 | | | | | | 1.35% | | |
Lawrence W. Schwartz
|
| | | | 114,177 | | | | | | 74,999 | | | | | | * | | |
Sidney G. Simmonds
|
| | | | 99,950 | | | | | | 74,999 | | | | | | * | | |
Daniel M. Testa
|
| | | | 244,532 | | | | | | 103,601 | | | | | | 1.78% | | |
Philip R. Wills III
|
| | | | 301,432 | | | | | | 93,836 | | | | | | 2.19% | | |
Steven M. Wiltse
|
| | | | 23,187 | | | | | | - | | | | | | * | | |
Named Executive Officers who are not Directors | | | | | | | | | | | | | | | | | | | |
William G. Byers
|
| | | | 95,139 | | | | | | 87,108 | | | | | | * | | |
All directors and executive officers of the Company as a group (18 persons)
|
| | | | 3,357,928 | | | | | | 1,453,925 | | | | | | 22.25% | | |
Five percent shareholders | | | | | | | | | | | | | | | | | | | |
Nino R. Vaghi(3)
|
| | | | 767,994 | | | | | | - | | | | | | 5.63% | | |
Endeavor Capital Advisors, Inc.(4)
|
| | | | 828,682 | | | | | | - | | | | | | 6.20% | | |
Name
|
| |
Age
|
| |
Position
|
|
William G. Byers | | |
59
|
| |
Chief Lending Officer and Executive Vice President of the Company and the Bank
|
|
Jennifer L. Deacon | | |
46
|
| | Chief Financial Officer and Executive Vice President of the Company and the Bank | |
B. Todd Dempsey | | |
63
|
| | Chief Operating Officer and Executive Vice President of the Company and the Bank | |
Sharon L. Jackson | | |
61
|
| | Chief Deposit Officer and Executive Vice President of the Bank | |
Michael G. Nassy | | |
46
|
| | Chief Credit Officer and Executive Vice President of the Company and the Bank | |
Name
|
| |
Fees Earned
or Paid in Cash |
| |
Stock
Awards(1) |
| |
All Other
Compensation |
| |
Total
|
| ||||||||||||
Morton A. Bender
|
| | | $ | 47,750 | | | | | $ | - | | | | | $ | - | | | | | $ | 47,750 | | |
L. Burwell Gunn
|
| | | | 55,700 | | | | | | - | | | | | | - | | | | | | 55,700 | | |
Scott Laughlin
|
| | | | 55,150 | | | | | | - | | | | | | - | | | | | | 55,150 | | |
Thomas L. Patterson
|
| | | | 57,050 | | | | | | - | | | | | | - | | | | | | 57,050 | | |
Devin Satz
|
| | | | 52,150 | | | | | | - | | | | | | - | | | | | | 52,150 | | |
Lawrence W. Schwartz
|
| | | | 60,450 | | | | | | - | | | | | | - | | | | | | 60,450 | | |
Sidney G. Simmonds
|
| | | | 54,650 | | | | | | - | | | | | | - | | | | | | 54,650 | | |
Daniel M. Testa
|
| | | | 53,350 | | | | | | - | | | | | | - | | | | | | 53,350 | | |
Philip R. Wills, III
|
| | | | 54,150 | | | | | | - | | | | | | - | | | | | | 54,150 | | |
Steven Wiltse
|
| | | | 54,650 | | | | | | - | | | | | | - | | | | | | 54,650 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
Stock
Awards(1) |
| |
Option
Awards |
| |
All Other
Compensation(2) |
| |
Total
|
| |||||||||||||||||||||
David W. Pijor,
Chief Executive Officer |
| | | | 2020 | | | | | $ | 691,667 | | | | | $ | 402,064 | | | | | $ | - | | | | | $ | - | | | | | $ | 39,955 | | | | | $ | 1,133,686 | | |
| | | 2019 | | | | | | 640,000 | | | | | | 790,000 | | | | | | 230,640 | | | | | | - | | | | | | 44,254 | | | | | | 1,704,894 | | | ||
Patricia A. Ferrick,
President |
| | | | 2020 | | | | | | 416,667 | | | | | | 148,454 | | | | | | - | | | | | | - | | | | | | 19,155 | | | | | | 584,276 | | |
| | | 2019 | | | | | | 390,000 | | | | | | 200,000 | | | | | | 172,980 | | | | | | - | | | | | | 19,813 | | | | | | 782,793 | | | ||
William G. Byers,
EVP & Chief Lending Officer |
| | | | 2020 | | | | | | 325,500 | | | | | | 94,500 | | | | | | - | | | | | | - | | | | | | 19,155 | | | | | | 439,155 | | |
| | | 2019 | | | | | | 312,500 | | | | | | 75,000 | | | | | | 115,320 | | | | | | - | | | | | | 19,014 | | | | | | 521,834 | | |
Name
|
| |
Year
|
| |
Car
Allowance |
| |
Insurance
Premiums |
| |
401(k) Matching
Contributions |
| |
Total
|
| |||||||||||||||
David W. Pijor
|
| | | | 2020 | | | | | $ | 12,000 | | | | | $ | 17,980 | | | | | $ | 9,975 | | | | | $ | 39,955 | | |
| | | 2019 | | | | | | 12,000 | | | | | | 20,473 | | | | | | 11,781 | | | | | | 44,254 | | | ||
Patricia A. Ferrick
|
| | | | 2020 | | | | | | - | | | | | | 9,180 | | | | | | 9,975 | | | | | | 19,155 | | |
| | | 2019 | | | | | | - | | | | | | 9,180 | | | | | | 10,633 | | | | | | 19,813 | | | ||
William G. Byers
|
| | | | 2020 | | | | | | - | | | | | | 9,180 | | | | | | 9,975 | | | | | | 19,155 | | |
| | | 2019 | | | | | | - | | | | | | 9,180 | | | | | | 9,834 | | | | | | 19,014 | | |
| | |
Option Awards
|
| |
Stock Awards
|
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Name
|
| |
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(3) |
| ||||||||||||||||||
David W. Pijor
|
| | | | 34,178 | | | | | | - | | | | | $ | 6.40 | | | | | | 3/1/2021 | | | | | | 2,250(1) | | | | | $ | 33,075 | | |
| | | | | 48,827 | | | | | | - | | | | | | 6.91 | | | | | | 3/1/2022 | | | | | | 9,000(2) | | | | | | 132,300 | | |
| | | | | 68,358 | | | | | | - | | | | | | 7.17 | | | | | | 3/1/2023 | | | | | | | | | | | | | | |
| | | | | 78,125 | | | | | | - | | | | | | 6.95 | | | | | | 6/26/2024 | | | | | | | | | | | | | | |
| | | | | 78,125 | | | | | | - | | | | | | 8.56 | | | | | | 3/1/2025 | | | | | | | | | | | | | | |
| | | | | 78,125 | | | | | | - | | | | | | 11.52 | | | | | | 5/19/2026 | | | | | | | | | | | | | | |
Patricia A. Ferrick
|
| | | | 21,628 | | | | | | - | | | | | | 6.91 | | | | | | 3/1/2022 | | | | | | 1,500(1) | | | | | | 22,050 | | |
| | | | | 27,343 | | | | | | - | | | | | | 7.17 | | | | | | 3/1/2023 | | | | | | 6,750(2) | | | | | | 99,225 | | |
| | | | | 27,343 | | | | | | - | | | | | | 6.95 | | | | | | 6/26/2024 | | | | | | | | | | | | | | |
| | | | | 31,250 | | | | | | - | | | | | | 8.56 | | | | | | 3/1/2025 | | | | | | | | | | | | | | |
| | | | | 29,687 | | | | | | - | | | | | | 11.52 | | | | | | 5/19/2026 | | | | | | | | | | | | | | |
William G. Byers
|
| | | | 15,625 | | | | | | - | | | | | | 6.91 | | | | | | 3/1/2022 | | | | | | 1,000(1) | | | | | | 14,700 | | |
| | | | | 17,577 | | | | | | - | | | | | | 7.17 | | | | | | 3/1/2023 | | | | | | 4,500(2) | | | | | | 66,150 | | |
| | | | | 15,625 | | | | | | - | | | | | | 6.95 | | | | | | 6/26/2024 | | | | | | | | | | | | | | |
| | | | | 19,531 | | | | | | - | | | | | | 8.56 | | | | | | 3/1/2025 | | | | | | | | | | | | | | |
| | | | | 18,750 | | | | | | - | | | | | | 11.52 | | | | | | 5/19/2026 | | | | | | | | | | | | | | |
| | |
FOR
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| |
WITHHOLD
|
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Nominees:
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☐
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☐
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David W. Pijor | | |
☐
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☐
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L. Burwell Gunn | | |
☐
|
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☐
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|
Morton A. Bender | | |
☐
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☐
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|
Patricia A. Ferrick | | |
☐
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| |
☐
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|
Meena Krishnan | | |
☐
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☐
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|
Scott Laughlin | | |
☐
|
| |
☐
|
|
Thomas L. Patterson | | |
☐
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☐
|
|
Devin Satz | | |
☐
|
| |
☐
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|
Lawrence W. Schwartz | | |
☐
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| |
☐
|
|
Sidney G. Simmonds | | |
☐
|
| |
☐
|
|
Daniel M. Testa | | |
☐
|
| |
☐
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|
Philip R. Wills III | | |
☐
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| |
☐
|
|
Steven M. Wiltse | | |
☐
|
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☐
|
|
| | | | | | |
FOR
|
| |
AGAINST
|
| |
ABSTAIN
|
|
| 2. | | | Ratification of Independent Registered Public Accounting Firm. The proposal to ratify the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ended December 31, 2021. | | |
☐
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☐
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☐
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| Signature | | | | | Signature | | | | ||
| Dated: | | | | | Dated: | | | |