other material
confidence high
sentiment neutral
materiality 0.25
Shoe Carnival sets fiscal 2022 bonus based on operating income, grants equity awards to executives
SHOE CARNIVAL INC
- Bonus payouts range 25%-175% of target; threshold/max operating income levels set per executive.
- Mark Worden: bonus 31.25%-218.75% of salary; 39,018 PSUs and 26,012 RSUs granted.
- W. Kerry Jackson: bonus 18.75%-131.25%; 12,629 PSUs and 8,405 RSUs.
- Chairman J. Wayne Weaver and Vice Chairman Clifton Sifford not participating in fiscal 2022 bonus.
- Performance stock units vest March 31, 2025, based on fully diluted net income per share for fiscal 2022.