Company: NWBI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049104
Chunk: 55

Company: Northwest Bancshares, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 55
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 |                                      |         |     |               |     |         |     |            |     |         |     |             |                                |      — |     |         |  7,838 |     |        |      — |     |                    |  7,838 |     |                      |  76,734 |
|                                                                  |               | 3/20/2024  |           |     |            | (7 | )  |   |             |                                      |         |     |               |     |         |     |            |     |         |     |             |                          3,919 |        |     |   7,838 |        |     | 11,757 |        |     |                  — |        |     |               71,091 |         |

| (1) | Represents the threshold, target and maximum awards set under the Management Bonus Plan for 2024. See “Compensation Discussion and Analysis—Annual Cash Incentive” for more information. |

| (2) | The amounts reflected in this column represent the aggregate grant date fair value of the Company equity awards granted to the NEOs in 2024, computed in accordance with FASB ASC Topic 718 (excluding the effect of estimated forfeitures). For PSUs, the grant date fair value is based on the probable outcome of the performance conditions as of the grant date, consistent with the estimate of aggregate compensation cost to be recognized over the service period determined as of the grant date under FASB ASC Subtopic 718-10. The grant date fair values reflected in this column may differ from the approved values reflected in the CD&A because of the accounting methodology used to report the PSUs in this column, as required by SEC rules. |

| (3) | Represents RSUs granted in 2024. These RSUs vest over three years beginning on the first year from the date of grant subject to continued employment through the applicable vesting date. For a further discussion of grants made for the year ended December 31, 2024, see “Compensation Discussion and Analysis—Long-Term Stock-Based Compensation”. |

| (4) | Represents PSUs granted in 2024. PSUs are measured against both relative and absolute metrics to provide a comprehensive and balanced evaluation of our long-term business performance. NEOs can earn between 0% and 150% of their target award opportunity. If achievement warrants and the executive remains employed by the Company, PSUs vest at the end