Company: WSBC
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000950170-25-039418
Chunk: 59

Company: WESBANCO INC
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 59
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   |                                                                   |       |     |   |                                                |       |     |                                                                         |       |     | $                                                 |  26,647 |

Restricted stock grants cliff vest 100% on May 15, 2027. All grants in this table were made under the Incentive Plan.

Performance based restricted shares. Performance based measurement period 2025-2027. See "Description of PBSP" under "Compensation Discussion and Analysis" above for more information.

Options vest 50% on May 15, 2025 with the remaining 50% vesting on December 31, 2025. The Corporation uses the closing stock price at market close of the previous day.

Amounts in this column reflect the dollar amount of the aggregate grant date fair value of restricted stock, performance based restricted stock, stock option, and TSRP awards granted during the applicable fiscal year, computed in accordance with Financial Accounting Standards Board ASC Topic 718. Refer to Note 12 under Part II, Item 8, "Financial Statements and Supplementary Data" of our Form 10-K for the year ended December 31, 2024 for the relevant assumptions used to determine the valuation of restricted stock, stock option, and TSR awards.

Represents TSRP award shares for the 2024-2026 performance period. See "Description of TSRP" under "Compensation Discussion and Analysis" above for more information.

Represents annual cash incentive compensation opportunities. The actual amounts paid to our named executive officers are set forth in the “Summary Compensation Table” above, and the calculation of the actual amounts paid is discussed more fully in “Compensation Discussion and Analysis” above.

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Key Executive Incentive Bonus, Option and Restricted Stock Plan</div>

Key Executive Awards

General.The Key Executive Incentive Bonus, Option and Restricted Stock Plan generally has four portions under which key executives may be granted awards: an Annual Bonus Portion, a Long Term Bonus Portion, a Stock Option Portion and a Restricted Stock Portion. The Annual Bonus Portion offers Participants opportunities for incentive compensation generally denominated in cash, based on the degree of attainment of corporate and/or personal goals over one fiscal year. The Long Term Bonus Portion offers Participants opportunities for incentive compensation denominated generally in cash and shares of the Corporation’s common stock, based on the degree of attainment of corporate and/or personal goals over more than one fiscal year. The Stock Option Portion permits the Committee to award non-qualified stock options