Company: FRME
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000712534-25-000077
Chunk: 53

Company: FIRST MERCHANTS CORP
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 53
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 2026

21,374 shares will vest on August 8, 2027

Mr. Stewart

11,012 shares will vest on August 3, 2025

13,537 shares will vest on August 2, 2026

16,285 shares will vest on August 8, 2027

Ms. Kawiecki

7,708 shares will vest on August 3, 2025

5,741 shares will vest on February 8, 2026

10,087 shares will vest on August 2, 2026

13,231 shares will vest on August 8, 2027

Mr. Martin

4,955 shares will vest on August 3, 2025

7,176 shares will vest on February 8, 2026

6,105 shares will vest on August 2, 2026

8,142 shares will vest on August 8, 2027

Mr. Peterson

2,202 shares will vest on August 3, 2025

5,741 shares will vest on February 8, 2026

3,185 shares will vest on August 2, 2026

8,142 shares will vest on August 8, 2027

(3) The market value of the stock awards that had not vested at the end of the 2024 fiscal year was computed by multiplying the closing market price of FMC’s stock on December 31, 2024 ($39.89/share) by the number of shares that had not vested.

#### OPTION EXERCISES AND STOCK VESTED TABLE
The following table provides information concerning each exercise of a stock option and each vesting of a stock grant, including restricted stock and restricted stock units, during FMC’s 2024 fiscal year for each of the NEOs.

#### OPTION EXERCISES AND STOCK VESTED DURING 2024
| Name                |     | Option Awards                         |     |                            |     |                                      |     |                 Stock Awards |     |          |
| Exercise Date       |     | Number of Shares Acquired on Exercise |     | Value Realized on Exercise |     | Number of Shares Acquired on Vesting |     | Value Realized on Vesting(1) |     |          |
| Mark K. Hardwick    |     |                                       |     |                            |     |                                      |     |                        9,474 |     | $338,237 |
|