other material
confidence high
sentiment positive
materiality 0.40
First Business Financial Services vests 2021 PRSUs at 'Superior' level; CEO gets 15,010 shares
FIRST BUSINESS FINANCIAL SERVICES, INC.
- Compensation Committee determined 2021 PRSU performance at 'Superior' for TSR and ROAE.
- Corey A. Chambas vested 15,010 shares; other execs vested between 4,100 and 6,920 shares.
- Edward G. Sloane (retired CFO) vested 4,748 shares; new CFO Brian Spielmann vested 0.
- Vesting resolves prior proxy statement uncertainty due to final ROAE data now available.
- Shares were earned under 2021 Long-Term Incentive Plan; executives listed by name.