Company: FSBC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001275168-25-000056
Chunk: 41

Company: FIVE STAR BANCORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 41
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 his salary continuation agreement, the Bank must pay Mr. Beckwith $175,000 per year over the ten years following his attainment of age 65, payable in accordance with a distribution schedule detailed in that agreement.

Michael A. Rizzo

As of December 31, 2024, Michael A. Rizzo was eligible for payment of a base salary and bonus as determined periodically by our Compensation Committee. Michael A. Rizzo’s annual bonus target was 75% of base compensation, up to a specified maximum of 100% of base compensation. Michael A. Rizzo was also eligible to participate in any stock option plan, retirement plan, and annual and longer-term incentive programs adopted by the Bank and offered to other senior Bank executives, as well as group employee benefit plans, including, without limitation, medical, dental, and life insurance, that we make available to similarly situated employees from time to time. We do not have any written employment arrangements with Michael A. Rizzo.

Heather C. Luck

As of December 31, 2024, Heather C. Luck was eligible for payment of a base salary and bonus as determined periodically by our Compensation Committee. Heather C. Luck’s annual bonus target was 75% of base compensation, up to a specified maximum of 100% of base compensation. Heather C. Luck was also eligible to participate in any stock option plan, retirement plan, and annual and longer-term incentive programs adopted by the Bank and offered to other senior Bank executives, as well as group employee benefit plans, including, without limitation, medical, dental, and life insurance, that we make available to similarly situated employees from time to time. We do not have any written employment arrangements with Heather C. Luck.

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#### Outstanding Equity Awards at December 31, 2024
The following table provides information regarding outstanding stock awards held by our NEOs as of December 31, 2024.

| Name              |     | Grant Date |     | Equity incentive plan awards: number of shares of common stock that have not vested(1) |     | Equity incentive plan awards: market value of shares of common stock that have not vested(2) |         |
|:------------------|:----|:-----------|:----|---------------------------------------------------------------------------------------:|:----|:---------------------------------------------------------------------------------------------|--------:|
| James E. Beckwith |     | 5/7/2021   |     |                                                                              25,713(3) |     | $