Company: UMBFO
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001193125-25-054504
Chunk: 55

Company: UMB FINANCIAL CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 55
---
, under the heading “Accounting for Stock-Based Compensation” in Note 1, Summary of Significant Accounting Policies, and in Note 11, Employee Benefits. The value of Performance Units assumes that the performance target has been achieved, which was the probable outcome of the performance conditions at the time of grant. The grant date fair value of Performance Units granted in 2024 assuming maximum of target are as follows: Mr. Kemper ($3,299,958); Mr. Shankar ($610,075); Mr. Rine ($1,583,908); Ms. Johnson ($506,191); and Mr. Terry ($374,702). |

| (2) | These amounts are actual amounts that were earned during 2024 under the 2024 Short-Term Incentive Program and that were paid on February 20, 2025 for all Named Executive Officers. |

| (3) | These amounts include wellness incentive payments, remote work reimbursements, as well as other personal benefits that are available to all Company employees. |

| (4) | This amount includes perquisites and other personal benefits, such as: (A) an automobile allowance for Mr. Rine ($16,800); (B) country club and dining club membership fees for Messrs. Kemper ($28,152), Rine ($17,550) and Terry ($13,580); (C) the cost of professional financial-consulting services for Messrs. Shankar |

49

| ($1,250), Rine ($700) and Terry ($3,500) and Ms. Johnson ($650); (D) an executive physical for Messrs. Kemper ($4,000) and Shankar ($4,250); (E) the costs related to the NEO’s attendance at, spousal airfare to (reported as the direct cost of the airfare), and a tax gross up for the taxable amount of the expenses related to attendance at, a sales award trip for Messrs. Kemper ($19,023, $1,068 and $15,714, respectively), Rine ($22,278, $2,469 and $20,371, respectively) and Terry ($20,415, $1,510 and $9,587, respectively) and Ms. Johnson ($19,533, $862 and $8,806, respectively); (F) for Mr. Kemper, the cost of personal air travel that was reimbursed by the Company of $62,189 (reported as