Company: OCC
Filing Date: 2025-02-28
Form Type: DEF 14A
Source: 0001437749-25-005577
Chunk: 56

Company: OPTICAL CABLE CORP
Filing Date: 2025-02-28
Form: DEF 14A
Chunk 56
---
 |     |   (1,268 | ) |     |   |   9,470 |   |     |   |  23,709 |   |     |             |    (581 | ) |     |   |   4,341 |   |     |   |  10,220 |   |
| Compensation Actually Paid                                                                                                                                                                                                           |     | $   |  669,989 |   |     | $ | 452,145 |   |     | $ | 480,497 |   |     | $           | 418,834 |   |     | $ | 303,713 |   |     | $ | 313,257 |   |

<div align='center'>38</div>

Relationship Between Compensation Actually Paid and Company Performance

The following graphs show the relationship between the compensation actually paid to our PEO and our Non-PEO NEO to our total shareholder return and net income (loss) over the three fiscal years ended October 31, 2024, 2023 and 2022. For purposes of calculating total shareholder return in the chart below, the last reported sales price of the Company’s Common Shares as of October 31, 2024, 2023 and 2022, was $2.45, $2.71 and $3.57, respectively. As of February 14, 2025, the last reported sales price of the Company’s Common Shares was $4.43 per share.

<div align='center'>39</div>

Employment Agreements

Neil D. Wilkin, Jr. (Chairman of the Board, President and Chief Executive Officer)

Mr. Wilkin is employed pursuant to an amended and restated employment agreement dated as of April 11, 2011, further amended on December 18, 2012 and March 14, 2014, approved by the Compensation Committee. Under the terms of this employment agreement, Mr. Wilkin is paid an annual base salary, which may be increased periodically, and an annual bonus target equal to 100% of his annual base salary, which may be increased periodically. The amount of the annual bonus target and the criteria for its award are set forth in the Company’s senior leadership team annual bonus criteria. Mr. Wilkin’s employment agreement also anticipates that he will participate in grants of long-term equity compensation awarded from time to time to senior executives pursuant to equity participation plans, including grants under the 2017 Plan and any successor