Company: WTFCN
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001104659-25-031671
Chunk: 80

Company: WINTRUST FINANCIAL CORP
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 80
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 December 31, 2024, net of distributions. (2) This amount represents the value of Mr. Wehmer’s deferred LTIP awards settled in 2018 and 2019 and his restricted stock unit awards which have vested but are not issuable until the earlier to occur of (i) the executive’s termination of employment and (ii) the time at which the award is no longer subject to the deduction limits under Section 162(m) of the Internal Revenue Code (the “Code”). (3) This amount represents the value of Mr. Dykstra’s restricted stock unit awards which have vested but are not issuable until the earlier to occur of (i) the executive’s termination of employment and (ii) the time at which the award is no longer subject to the deduction limits under Section 162(m) of the Code. (4) This amount represents the value of Mr. Wehmer’s deferred LTIP awards settled in 2017 that were distributed in 2024 in accordance with the deferral terms of his LTIP award agreement.

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TABLE OF CONTENTS POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL As noted under “Compensation Discussion & Analysis — Post-Termination Compensation” on page 48 of this Proxy Statement, we have entered into employment agreements with each of our NEOs that provide for payments in connection with such NEO’s termination, whether in connection with a change in control or otherwise. The benefits to be provided to the current NEOs under the employment agreements upon various termination situations are described below, including a summary of payments that would have been required had a termination taken place on December 31, 2024. Payments Made upon Termination The NEO’s rights upon a termination of his or her employment depend upon the circumstances of the termination. Central to an understanding of the rights of each NEO under the employment agreements is an understanding of the definitions of ‘Cause’ and ‘Constructive Termination’ that are used in those agreements. For purposes of the employment agreements: • We have Cause to terminate the NEO if the NEO has engaged in any of a list of specified activities, including refusing to perform duties consistent with the scope and nature of his or her position, committing an act of gross negligence or willful misconduct resulting in or potentially resulting in economic loss or damage to the Company’s reputation, conviction of a felony or other actions specified in the definition. • The NEO is said to have been Constructively Terminated (and thereby gains access to the benefits described below)