Company: JOUT
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001140361-25-000715
Chunk: 36

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 36
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 a condition to payouts greater than 100% under both the individual objectives and the Company financial objectives portions of the plan. |

With respect to the individual objectives component of the Cash Bonus Plan, the Compensation Committee has determined for fiscal 2025 to continue to set the payment or funding amount at 0-200% of the target bonus amount for that component, with any applicable payouts under the individual objectives component of the Cash Bonus Plan capped at 100% if the Company pre-tax income performance is below target. The Company believes that the foregoing elements of the Cash Bonus Plan mitigate against potential unnecessary risk taking because the plan contains a payout curve such that there is no one cliff event that has the potential to make a significant difference in the payout opportunity. Equity Based Compensation . The Company believes that equity-based compensation is an effective means of aligning the long-term interests of Company employees, including the named executive officers with Company shareholders. The 2020 Stock Incentive Plan authorizes the Compensation Committee to issue stock options, shares of restricted stock and restricted stock units, as well as other forms of equity-based compensation.

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TABLE OF CONTENTS

| EXECUTIVE COMPENSATION |

With respect to fiscal 2024, the Compensation Committee granted long-term equity-based awards shown in the charts below for the NEOs. For the CEO, the long-term equity-based compensation consisted solely of an award of performance-based restricted stock units tied to achievement of certain financial objectives to be measured over a three-year performance period. For the other named executive officer, long-term equity-based compensation was granted using a mix of performance-based restricted stock units and service-based restricted stock. Shares of restricted stock subject to service-based vesting criteria support our leadership retention objectives. Fiscal 2024: Long-Term Equity-Based Target Awards On December 6, 2023, the Compensation Committee established target awards for Ms. Johnson-Leipold and Mr. Johnson under our Stock Incentive Plan as shown in the table below. For these awards, the number of restricted stock units and shares of restricted stock granted was determined using a share price of $54.20.

| FISCAL 2024 LONG-TERM STOCK INCENTIVE AWARDS |     |                                |     |            |     |                            |     |          |
|                                              |     | Performance-Based Equity Award |     |            |     | Service-Based Equity Award |     |          |
| Name                                         |     |                  Target No. of 
         Restricted Stock Units |     |   Target $