Whitestone REIT enters enhanced severance agreements with CEO, four other executives

Whitestone REIT

CEO Holeman gets 18-month salary + 150% avg bonus outside CIC; 30-month salary + 250% avg inside CIC.
Other execs receive 12-month salary + 100% avg bonus outside CIC; 18-month + 250% avg inside CIC.
Retention payments: $375k to CEO, $240k to COO, payable March 2025 if employed through Dec 31, 2024.
Equity awards fully vest at higher of target or performance upon qualifying termination.
Agreements expire May 23, 2025, auto-renew; replace prior 2014/2021 agreements.

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