Company: JOUT
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001140361-25-000715
Chunk: 50

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 50
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 The grant agreements for shares of restricted stock have generally provided for immediate vesting upon a change of control of the Company and the grant agreements for performance-based restricted stock units have generally provided that 100% of the target grant is deemed earned upon a change of control of the Company. The following table sets forth the unvested stock options, shares of restricted stock and restricted stock units held by the named executive officers as of September 27, 2024 under all of the Company’s stock incentive plans, that would become vested or earned as of such date in the event of a change of control of Johnson Outdoors.

| Named Executive Officer  |     | Number of  
 Shares     
 Underlying 
 Unvested   
 Options    |     | Unrealized 
 Value of   
 Unvested   
 Options(1) |     |      Number of 
     Restricted 
 Shares or RSUs 
       that are 
    Unvested or 
       Unearned |     |       Unrealized 
         Value of 
      Unvested or 
         Unearned 
       Restricted 
 Stock or RSUs(2) |
| Helen P. Johnson-Leipold |     | —          |     | $—         |     |         52,921 |     |       $1,929,500 |
| David W. Johnson         |     | —          |     | $—         |     |         26,860 |     |         $979,316 |

| (1) | The named executive officers held no unvested options at fiscal year-end. Had they held unvested options at year end, unrealized value would equal the closing market value of the Class A common stock as of September 27, 2024 minus the exercise price, multiplied by the number of unvested shares of the Class A common stock as of such date. The closing market value of the Class A common stock on September 27, 2024 was $36.46. |

| (2) | With respect to shares of restricted stock, unrealized value equals the closing per share market value of the Class A common stock as of September 27, 2024, multiplied by the number of unvested shares of the Class A common stock as of such date. With respect to unearned, outstanding performance-based restricted stock units, the number of restricted stock units included in the table above represent the number of shares of Class A common stock issuable at achievement of 100% of the target grant level (i.e., 52