Company: JOUT
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001140361-25-000715
Chunk: 42

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 42
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. Johnson-Leipold were $804,526, $774,739, and $746,560, and for Mr. Johnson were $271,805, $259,833, and $242,931, respectively. For Mr. Johnson, this figure in fiscal 2023 also includes a one-time $150,000.00 discretionary bonus paid to Mr. Johnson for service he performed during a leadership transition. The balance of the bonus is for Mr. Johnson’s achievement of his individual objectives at 120% of target.

| (2) | The amounts in this column reflect the dollar value of long-term equity based compensation awards pursuant to the Stock Incentive Plan granted during the fiscal years indicated in the table. These amounts for each of fiscal 2024, 2023, and 2022, equal the fair value of restricted stock units or shares of restricted stock computed in accordance with FASB Accounting Standards Codification Topic 718-10 on the date the restricted stock units or shares of restricted stock were granted. Assumptions used in the calculation of the grant date fair value are included under the caption “Stock Ownership Plans” in the Notes to the Company’s Consolidated Financial Statements in the fiscal 2024 Annual Report on Form 10-K filed with the SEC on December 11, 2024 and such information is incorporated herein by reference. With respect to fiscal 2024, the Company awarded Mr. Johnson 4,843 shares of restricted stock on December 6, 2023. Additionally, Ms. Johnson-Leipold and Mr. Johnson were granted 21,218 and 4,843 respectively, performance-based restricted stock units on December 6, 2023. The table above includes the value of restricted stock units on the grant date based upon the probable outcome of the performance conditions as reasonably determined by the Company. The grant date fair value of each performance-based restricted stock unit award assuming the highest level of performance was achieved over the performance period (i.e., the maximum amount) would equal approximately $1,725,000 and $393,750 for Ms. Johnson-Leipold and Mr. Johnson, respectively. |

| (3) | This column includes the dollar value of all amounts earned by the named executive officers under our Cash Bonus Plan which are based upon the specified Company financial component for the applicable fiscal year. For fiscal 2024 and 2023, the Company’s financial performance measures were not achieved and, therefore, no payout amounts are included in this column.