Company: BOKF
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000875357-25-000020
Chunk: 43

Company: BOK FINANCIAL CORP
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 43
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 non-qualified deferred compensation program.

(2) Messrs. Grunst and Maun each elected to defer 100% of their 2021 equity awards, which vested on January 8, 2024. The gross value of the awards were deferred to their non-qualified deferred compensation accounts, less applicable taxes. Net amounts related to the 2021 equity award are as follows: Grunst, $129,653; and Maun, $106,392. Mr. Vincent did not make contributions under the plan in 2024. Contributions made during calendar year 2024 related to compensation earned in 2023 are not reflected in the table above.

(3) Earnings for Grunst, Maun, and Vincent included gains or losses reported on investments, as well as dividends paid and changes in fair value of the Company's common stock. These earnings include accrued dividends related to the 2021 equity award which are also reflected in column (i) of the Summary Compensation Table on page 42. Net earnings on the accrued dividends are as follows: Grunst, $10,863; and Maun, $8,914. Earnings for Vincent included gains or losses reported on investments, as well as dividends paid; Vincent did not hold BOK Financial stock in his deferred compensation account during plan year 2024. Plan participants do not receive above-market or preferential earnings under the Company's nonqualified deferred compensation plan and as such, no nonqualified deferred compensation earnings are reported in the Summary Compensation Table on page 42.

(4) There were no withdrawals and distributions to named executive officers from the plan during 2024.

(5) Aggregate balances do not include amounts reported in prior years' summary compensation tables as the three named executive officers participating in the plan were not named executive officers at the time vested awards were granted.

Participation in the BOKF Non-Qualified Deferred Compensation Plan is limited to a select group of management and other highly compensated employees. The Company determines who is eligible to participate on an annual basis.

Participants make contribution elections annually during an enrollment period each November. Participants may elect to defer up to 90% of their base salary/draw, and up to 100% of any commissions, quarterly or annual incentive bonuses, or annual discretionary bonus on a pre-tax basis. Executives also have the option to defer their annual equity awards into the Plan upon vesting (e.g., the value of an award granted in 2022 will move into the plan