Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 43

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 43
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    |     |                   | 37,534 |     | $            | 424,500 |     |            | 30,027 |     | $     | 339,600 |
| Douglas M. Schosser (1) |     |                   | 17,242 |     |              | 195,000 |     |            | 17,242 |     |       | 195,000 |
| William W. Harvey, Jr.  |     |                   |      — |     |              |       — |     |            |      — |     |       |       — |
| Gregory J. Betchkal     |     |                   | 15,191 |     |              | 171,804 |     |            | 15,191 |     |       | 171,804 |
| Jacques M. DesMarteau   |     |                   | 12,295 |     |              | 139,050 |     |            | 12,295 |     |       | 139,050 |
| Scott J. Watson         |     |                   |  6,096 |     |              |  68,946 |     |            |  6,096 |     |       |  68,946 |

| (1) | Messrs. Torchio’s and Schosser’s one-time grants described above under “2024 Compensation Highlights” are not included in this table. |

The number of units was calculated using the per-shareclosing price of the Company’s common stock on the grant date approved by the Board. Executives may earn the performance share unit portion of their awards by achieving certain metrics as established by the Compensation Committee over a three-year performance period. All awards granted under our 2018 Equity Incentive Plan and 2022 Equity Incentive Plan are subject to clawback if the Company is required to prepare an accounting restatement due to material noncompliance of the Company as a result of misconduct, with any financial reporting requirement under federal securities laws. In addition, awards are subject to clawback under the Company’s Clawback Policy designed to comply with SEC and Nasdaq rules regarding the recoupment of erroneously awarded compensation. See “Other Practices, Policies and Guidelines—Clawback Policy”. A Closer Look at PSUs.The Compensation Committee believes that PSUs provide appropriate incentives for management to focus on long-term financial results, and that these performance goals correlate with the value of our common stock. NEOs