Company: BHE
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0000950170-25-051057
Chunk: 55

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 55
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 Member Retainer                                               |     | $ | 10,000 |
| Annual Human Capital and Compensation Committee Chair Retainer                       |     | $ | 22,500 |
| Annual Human Capital and Compensation Committee Member Retainer                      |     | $ | 10,000 |
| Annual Nominating, Sustainability and Corporate Governance Committee Chair Retainer  |     | $ | 15,000 |
| Annual Nominating, Sustainability and Corporate Governance Committee Member Retainer |     | $ |  7,500 |

Directors are also reimbursed for their reasonable travel expenses incurred on Company business.

Equity-Based Compensation Program for Non-employee Directors

In 2002, the Board adopted and shareholders approved the Benchmark Electronics, Inc. 2002 Stock Option Plan for Non-Employee Directors (the“2002 Plan”) for the benefit of members of the Board who are not employees of the Company or its Affiliates (as defined in the 2002 Plan). The purpose of the 2002 Plan was to encourage ownership of the Common Shares by eligible non-employee directors, to increase their incentive to render services and exert maximum effort for the success of the Company, and to further align their interests with shareholders. The 2002 Plan terminated in February 2012 and was replaced by the 2010 Omnibus Plan; no additional grants may be made under the 2002 Plan. In May 2019, the 2010 Omnibus Plan was terminated and replaced with the 2019 Omnibus Plan approved by the Company’s shareholders. No additional grants may be made under the 2010 Omnibus Plan. The 2010 Omnibus Plan will, however, continue to govern awards previously granted under the 2010 Omnibus Plan.

During 2024, an aggregate 32,304 RSUs were granted to non-employee directors under the 2019 Omnibus Plan. These awards vest over a one-year period, unless pro-rated due to appointment, starting from the grant date.

2024 Director Summary Compensation Table

The following table summarizes the cash and equity compensation for non-employee directors during 2024. The Company did not grant any stock option awards to any of our non-employee directors during 2024, and none of them is covered by a nonequity incentive plan, pension plan or nonqualified deferred compensation plan; accordingly, these columns have been omitted.

| Name                  | Fees Earned or 
 Paid in Cash   
 $              |     |         |     | Stock     
 Awards