Company: JOUT
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001140361-25-000715
Chunk: 38

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 38
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 amount; |

| • | To the extent earned, awards are issued in shares of Company common stock after the end of the three-year performance period; and |

| • | Awards are subject to downward adjustments in the event the Company has not achieved a specified minimum average return on invested capital per year during the three year performance period. |

As noted above, the performance-based equity awards granted at the Compensation Committee meeting held in December 6, 2023 cover a three-year performance period (fiscal years 2024 through 2026) with vesting to be determined in December 2026, depending on whether the performance criteria are satisfied. For fiscal 2025, on December 3, 2024, the Compensation Committee approved performance-based restricted stock unit awards to our NEOs. These awards cover a three-year performance period consisting of fiscal years 2025 through 2027 with vesting determined by the Compensation Committee in December 2027, depending on whether the performance criteria are satisfied for the three-year performance period. The performance-based restricted stock unit awards granted during fiscal 2025 have the same general award terms as described above for the performance-based restricted stock unit awards granted by our Compensation Committee for fiscal 2024, except as follows: 1. The payouts for achievement of maximum levels of performance are increased to 200% instead of 150% of the target award amount; and 2. the elimination of the downward adjustments in the event the Company has not achieved a specified minimum average return on invested capital per year during the three year performance period. In addition, the service based award is changed from a four year cliff vesting period to a three year cliff vesting period. The fiscal 2025 target awards for Ms. Johnson-Leipold and Mr. Johnson under our Stock Incentive Plan are as shown in the table below. For these awards, the number of restricted stock units and shares of restricted stock granted were determined using a share price of $33.135.

| FISCAL 2025 LONG-TERM STOCK INCENTIVE AWARDS |     |                                |     |            |     |                            |     |          |
|                                              |     | Performance-Based Equity Award |     |            |     | Service-Based Equity Award |     |          |
| Name                                         |     |                  Target No. of 
         Restricted Stock Units |     |   Target $ 
      Value |     |                 Target No. 
          Restricted Shares |     | Target $ 
    Value |
| Helen P. Johnson