Company: WTFCN
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001104659-25-031671
Chunk: 108

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 108
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 incentive stock options may be granted more than ten years after the effective date of the 2025 Plan. Eligible Employees . Employees (including prospective employees), directors and consultants of the Company or any subsidiary will be eligible to participate in the 2025 Plan. The aggregate value of cash compensation and the grant date fair value of shares of Common Stock that may be awarded or granted during any fiscal year of the Company to any non-employee director, for his or her services as a non-employee director, will not exceed $750,000; provided, that this limit will not apply to distributions of previously deferred compensation under a deferred compensation plan maintained by the Company or compensation received by the director in his or her capacity as an executive officer or employee of the Company. As of March 1, 2025, approximately 5,884 employees of the Company and its subsidiaries and 169 non-employee directors would be eligible to participate in the 2025 Plan. In addition, while consultants are eligible to participate in the 2025 Plan, the Company has a practice of not granting equity awards to its consultants, and at this time does not foresee changing that practice. Clawback of Awards . Awards granted under the 2025 Plan and any cash payment or shares of Common Stock delivered pursuant to an award will be subject to forfeiture, recovery by the Company or other action pursuant to the applicable award agreement or any clawback or recoupment policy which the Company may adopt from time to time, including without limitation the Company’s Policy on Recoupment of Incentive Compensation and any other policy which the Company may be required to adopt under the Dodd-Frank Wall Street Reform and Consumer Protection Act and implementing rules and regulations thereunder, or as otherwise required by law. New Plan Benefits . The number of stock options and other forms of awards that will be granted under the 2025 Plan is not currently determinable. Federal Income Tax Consequences The following is a brief summary of certain United States federal income tax consequences generally arising with respect to awards under the 2025 Plan. This discussion does not address all aspects of the United States federal income tax consequences of participating in the 2025 Plan that may be relevant to participants in light of their personal investment or tax circumstances and does not discuss any state, local or non-United States tax consequences of participating in the 2025 Plan. Each participant is advised to consult his or her particular tax advisor concerning the application of the applicable United States federal income 73 TABLE OF CONTENTS tax laws to such participant