| | | | ||
| Lloyd W. Kendall, Jr. Chairman of the Board | | | George J. Guarini President and Chief Executive Officer | |
| | Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on June BayCom Corp’s proxy statement, Annual Report and electronic proxy card are available on the Internet at www.annualgeneralmeetings.com/BayCom. You are encouraged to review all of the information contained in the proxy statement before voting. | | |
Name of Beneficial Owner | | | Number of Shares Beneficially Owned | | | Percent of Common Stock Outstanding | | ||||||
| | | | | | | | | | | | | |
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Blackrock, Inc. | | | | | 700,331(3) | | | | | | 5.6% | | |
Manulife Financial Corporation | | | | | 679,479(4) | | | | | | 5.5% | | |
Directors and Executive Officers | | | | | | | | | | | | | |
Lloyd W. Kendall, | | | | | | | | | | * | | | |
George J. | | | | | | | | | | | | ||
James S. Camp | | | | | | | | | | | | ||
Harpreet S. Chaudhary | | | | | | | | | | * | | | |
Rocco Davis | | | | | |||||||||
| | | | | * | | | ||||||
Robert G. Laverne, M.D, | | | | | | | | | | * | | | |
Syvia L. Magid | | | | | | | | | | * | | | |
Keary L. Colwell | | | | | | | | | | * | | | |
Janet L. King | | | | | | | | | | * | | | |
All directors and executive officers as a group | | | | | | | | | | | |
Name | | Age | | Position(s) Held in the Company | | Director Since(1) | | | Age | | Position(s) Held in the Company | | Director Since(1) | | ||||||
Lloyd W. Kendall, Jr. | | 75 | | Chairman of the Board | | 2004 | | | 76 | | Chairman of the Board | | 2004 | | ||||||
George J. Guarini | | 68 | | Director, President and Chief Executive Officer and Director | | 2004 | | | 69 | | Director, President and Chief Executive Officer and Director | | 2004 | | ||||||
James S. Camp | | 70 | | Director | | 2004 | | | 71 | | Director | | 2004 | | ||||||
Harpreet S. Chaudhary | | 60 | | Director | | 2011 | | | 61 | | Director | | 2011 | | ||||||
Keary L. Colwell | | 62 | | Director, Sr. Executive Vice President, Chief Financial Officer and Corporate Secretary | | 2021 | | | 63 | | Director, Sr. Executive Vice President, Chief Financial Officer and Corporate Secretary | | 2021 | | ||||||
Rocco Davis | | 63 | | Director | | 2017 | | | 64 | | Director | | 2017 | | ||||||
Janet L. King | | 59 | | Director, Sr. Executive Vice President and Chief Operating Officer | | 2021 | | | 60 | | Director, Sr. Executive Vice President and Chief Operating Officer | | 2021 | | ||||||
Robert G. Laverne, MD | | 75 | | Director | | 2004 | | | 76 | | Director | | 2004 | | ||||||
Syvia L. Magid | | 51 | | Director | | 2019 | | | 52 | | Director | | 2019 | |
Board Diversity Matrix (As of April 28, 2023) | Board Diversity Matrix (As of April 28, 2023) | | ||||||||||||||||||||||||||||||
Total Number of Directors | | 9 | | |||||||||||||||||||||||||||||
| | Female | | | | | | | Male | | | Female | | Male | | |||||||||||||||||
Total Number of Directors | | | | | | | | | 10* | | | | | | | | ||||||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Directors | | | | 3 | | | | | | | | | | 7 | | | | | | 3 | | | | | 6 | | | |||||
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Alaskan Native or American Indian | | | | 1 | | | | | | | | | | | | | | | | 1 | | | | | — | | | |||||
Asian | | | | | | | | | | | | | | 1 | | | | | | — | | | | | 1 | | | |||||
White | | | | 2 | | | | | | | | | | 6 | | | | | | 2 | | | | | 5 | | | |||||
Two or More Races or Ethnicities | | | | 1** | | | | | | | | | | | | | | | | 1* | | | | | — | | |
Director Name | | | Audit Committee | | | Compensation Committee | | | Corporate Governance and Nominating Committee | | |||||||||
Lloyd W. Kendall, Jr | | | | | X | | | | | | X | | | | | | X* | | |
George J. Guarini | | | | | | | | | | | | | | | | | | | |
James S. Camp | | | | | | | | | | | X | | | | | | X | | |
Harpreet S. Chaudhary | | | | | X* | | | | | | X | | | | | | | | |
Keary L. Colwell | | | | | | | | | | | | | | | | | | | |
Rocco Davis | | | | | | | | | | | | | | | | | |||
| | ||||||||||||||||||
Janet L. King | | | | | | | | | | | | | | | | | | | |
Robert G. Laverne, MD | | | | | X | | | | | | | | | | | | | ||
Syvia L. Magid | | | | | | | | | | | | | | | | | |
Name and Principal Position | | Year | | Salary | | Bonus | | Stock Awards(1) | | Non-equity Incentive Plan Compensation(2) | | All Other Compensation(3) | | Total | | | Year | | Salary | | Bonus(1) | | Stock Awards(2) | | Non-equity Incentive Plan Compensation(3) | | All Other Compensation(4) | | Total | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
George J. Guarini President and Chief Executive Officer | | | | | 2021 | | | | $ | 668,825 | | | | | — | | | | $ | 162,500 | | | | $ | 539,113 | | | | $ | 456,162 | | | | $ | 1,826,600 | | | | | | | 2022 | | | | $ | 695,250 | | | | $ | 234,091 | | | | $ | 167,381 | | | | $ | 182,503 | | | | $ | 189,360 | | | | $ | 1,468,585 | | | ||||||||||||
| | | 2020 | | | | | 650,000 | | | | | — | | | | | 594,798 | | | | | 538,652 | | | | | 442,911 | | | | | 2,226,361 | | | | | | 2021 | | | | | 668,825 | | | | | — | | | | | 162,500 | | | | | 539,113 | | | | | 381,976 | | | | | 1,752,414 | | | |||||||||||||||
Janet L. King Senior Executive Vice President and Chief Operating Officer | | | | | 2021 | | | | $ | 385,861 | | | | | — | | | | $ | 56,250 | | | | $ | 266,749 | | | | $ | 126,816 | | | | $ | 835,676 | | | | | | | 2022 | | | | $ | 401,106 | | | | $ | 115,759 | | | | $ | 77,246 | | | | $ | 90,249 | | | | $ | 62,366 | | | | $ | 746,726 | | | ||||||||||||
| | | 2020 | | | | | 375,000 | | | | | — | | | | | 178,065 | | | | | 266,366 | | | | | 123,703 | | | | | 943,134 | | | | | | 2021 | | | | | 385,861 | | | | | — | | | | | 56,250 | | | | | 266,749 | | | | | 111,550 | | | | | 820,410 | | | |||||||||||||||
Keary L. Colwell Senior Executive Vice President, Chief Financial Officer and Corporate Secretary | | | | | 2021 | | | | $ | 385,861 | | | | | — | | | | $ | 56,250 | | | | $ | 266,749 | | | | $ | 126,375 | | | | $ | 835,235 | | | | | | | 2022 | | | | $ | 401,106 | | | | $ | 115,759 | | | | $ | 77,246 | | | | $ | 90,249 | | | | $ | 62,894 | | | | $ | 747,254 | | | ||||||||||||
| | | 2020 | | | | | 375,000 | | | | | — | | | | | 178,065 | | | | | 266,366 | | | | | 120,631 | | | | | 940,062 | | | | | | 2021 | | | | | 385,861 | | | | | — | | | | | 56,250 | | | | | 266,749 | | | | | 111,109 | | | | | 819,969 | | |
Name | | 401(k) Matching Contribution | | Automobile | | Salary Continuation Plan | | Other(a) | | Total | | | 401(k) Matching Contribution | | Automobile Allowance | | Salary Continuation Plan(a) | | Other(b) | | Total | | ||||||||||||||||||||||||||||||||||||||||
George J. Guarini | | | $ | 11,400 | | | | $ | 9,600 | | | | $ | 421,975 | | | | $ | 13,187 | | | | $ | 456,162 | | | | | $ | 12,200 | | | | $ | 9,600 | | | | $ | 152,485 | | | | $ | 15,075 | | | | $ | 189,360 | | | ||||||||||
Janet L. King | | | | 11,400 | | | | | 9,600 | | | | | 104,014 | | | | | 1,802 | | | | | 126,816 | | | | | | 12,200 | | | | | 9,600 | | | | | 38,764 | | | | | 1,802 | | | | | 62,366 | | | ||||||||||
Keary L. Colwell | | | | 11,400 | | | | | 8,631 | | | | | 104,014 | | | | | 2,330 | | | | | 126,375 | | | | | | 12,200 | | | | | 9,600 | | | | | 38,764 | | | | | 2,330 | | | | | 62,894 | | |
Name | | | Stock Awards | | | | | | | | |||||||||
| Number of Unvested Shares | | | Market Value of Unvested Shares(1) | | | Vesting Date | | |||||||||||
George J. Guarini | | | | | 4,929 | | | | | $ | 92,468 | | | | | | 1/1/2022 | | |
| | | | | 2,549 | | | | | | 47,819 | | | | | | 1/2/2022 | | |
| | | | | 29,763 | | | | | | 558,354 | | | | | | 5/8/2022 | | |
| | | | | 3,415 | | | | | | 64,065 | | | | | | 1/1/2023 | | |
| | | | | 2,549 | | | | | | 47,819 | | | | | | 1/2/2023 | | |
| | | | | 19,906 | | | | | | 373,437 | | | | | | 5/8/2023 | | |
| | | | | 2,142 | | | | | | 40,184 | | | | | | 1/1/2024 | | |
| | | | | 2,549 | | | | | | 47,819 | | | | | | 1/2/2024 | | |
| | | | | 2,142 | | | | | | 40,184 | | | | | | 1/1/2025 | | |
| | | | | 1,438 | | | | | | 26,977 | | | | | | 1/2/2025 | | |
| | | | | 2,142 | | | | | | 40,184 | | | | | | 1/2/2026 | | |
Total | | | | | 73,524 | | | | | $ | 1,379,310 | | | | | | | | |
Janet L. King | | | | | 1,949 | | | | | $ | 36,563 | | | | | | 1/1/2022 | | |
| | | | | 977 | | | | | | 18,329 | | | | | | 1/2/2022 | | |
| | | | | 8,117 | | | | | | 152,275 | | | | | | 5/8/2022 | | |
| | | | | 1,293 | | | | | | 24,257 | | | | | | 1/1/2023 | | |
| | | | | 977 | | | | | | 18,329 | | | | | | 1/2/2023 | | |
| | | | | 5,429 | | | | | | 101,848 | | | | | | 5/8/2023 | | |
| | | | | 742 | | | | | | 13,920 | | | | | | 1/1/2024 | | |
| | | | | 977 | | | | | | 18,328 | | | | | | 1/2/2024 | | |
| | | | | 741 | | | | | | 13,901 | | | | | | 1/1/2025 | | |
| | | | | 497 | | | | | | 9,324 | | | | | | 1/2/2025 | | |
| | | | | 741 | | | | | | 13,901 | | | | | | 0/1/2026 | | |
Total | | | | | 22,440 | | | | | $ | 420,975 | | | | | | | | |
Name | | | Stock Awards | | | | | | | | | Stock Awards | | | | | | | ||||||||||||||||||||
| Number of Unvested Shares | | Market Value of Unvested Shares(1) | | Vesting Date | | | Number of Unvested Shares | | Market Value of Unvested Shares(1) | | Vesting Date | | |||||||||||||||||||||||||
George J. Guarini | | | | 5,197 | | | | $ | 98,639 | | | | | 1/1/2023 | | | ||||||||||||||||||||||
| | | | 2,549 | | | | | 48,380 | | | | | 1/2/2023 | | | ||||||||||||||||||||||
| | | | 19,906 | | | | | 377,816 | | | | | 5/8/2023 | | | ||||||||||||||||||||||
| | | | 3,924 | | | | | 74,478 | | | | | 1/1/2024 | | | ||||||||||||||||||||||
| | | | 2,549 | | | | | 48,380 | | | | | 1/2/2024 | | | ||||||||||||||||||||||
| | | | 3,924 | | | | | 74,478 | | | | | 1/1/2025 | | | ||||||||||||||||||||||
| | | | 1,438 | | | | | 27,293 | | | | | 1/2/2025 | | | ||||||||||||||||||||||
| | | | 3,924 | | | | | 74,478 | | | | | 1/2/2026 | | | ||||||||||||||||||||||
| | | | 1,781 | | | | | 33,803 | | | | | 1/1/2027 | | | ||||||||||||||||||||||
Total | | | | 45,192 | | | | $ | 857,744 | | | | | | | | ||||||||||||||||||||||
Janet L. King | | | | 2,116 | | | | $ | 40,162 | | | | | 1/1/2023 | | | ||||||||||||||||||||||
| | | | 977 | | | | | 18,543 | | | | | 1/2/2023 | | | ||||||||||||||||||||||
| | | | 5,429 | | | | | 103,042 | | | | | 5/8/2023 | | | ||||||||||||||||||||||
| | | | 1,561 | | | | | 29,628 | | | | | 1/1/2024 | | | ||||||||||||||||||||||
| | | | 977 | | | | | 18,543 | | | | | 1/2/2024 | | | ||||||||||||||||||||||
| | | | 1,563 | | | | | 29,666 | | | | | 1/1/2025 | | | ||||||||||||||||||||||
| | | | 497 | | | | | 9,433 | | | | | 1/2/2025 | | | ||||||||||||||||||||||
| | | | 1,563 | | | | | 29,666 | | | | | 1/2/2026 | | | ||||||||||||||||||||||
| | | | 822 | | | | | 15,602 | | | | | 1/1/2027 | | | ||||||||||||||||||||||
Total | | | | 15,505 | | | | $ | 294,285 | | | | | | | | ||||||||||||||||||||||
Keary L. Colwell | | | | 1,949 | | | | $ | 36,563 | | | | | 1/1/2022 | | | | | | 2,116 | | | | $ | 40,162 | | | | | 1/1/2023 | | | ||||||
| | | | 977 | | | | | 18,329 | | | | | 1/2/2022 | | | | | | 977 | | | | | 18,543 | | | | | 1/2/2023 | | | ||||||
| | | | 8,117 | | | | | 152,275 | | | | | 5/8/2022 | | | | | | 5,429 | | | | | 103,042 | | | | | 5/8/2023 | | | ||||||
| | | | 1,293 | | | | | 24,257 | | | | | 1/1/2023 | | | | | | 1,561 | | | | | 29,628 | | | | | 1/1/2024 | | | ||||||
| | | | 977 | | | | | 18,329 | | | | | 1/2/2023 | | | | | | 977 | | | | | 18,543 | | | | | 1/2/2024 | | | ||||||
| | | | 5,429 | | | | | 101,848 | | | | | 5/8/2023 | | | | | | 1,563 | | | | | 29,666 | | | | | 1/1/2025 | | | ||||||
| | | | 742 | | | | | 13,920 | | | | | 1/1/2024 | | | | | | 497 | | | | | 9,433 | | | | | 1/2/2025 | | | ||||||
| | | | 977 | | | | | 18,328 | | | | | 1/2/2024 | | | | | | 1,563 | | | | | 29,666 | | | | | 1/12/2026 | | | ||||||
| | | | 741 | | | | | 13,901 | | | | | 1/1/2025 | | | | | | 822 | | | | | 15,602 | | | | | 1/1/2027 | | | ||||||
| | | | 497 | | | | | 9,324 | | | | | 1/2/2025 | | | ||||||||||||||||||||||
| | | | 741 | | | | | 13,901 | | | | | 0/1/2026 | | | ||||||||||||||||||||||
Total | | | | 22,440 | | | | $ | 420,975 | | | | | | | | | | | 15,505 | | | | $ | 294,285 | | | | | | | | ||||||
|
Name | | Free Earned or Paid in Cash | | Stock Awards(1) | | Total Compensation | | | Free Earned or Paid in Cash | | Stock Awards(1) | | Total Compensation | | ||||||||||||||||||||||||
Lloyd W. Kendall, Jr | | | $ | 63,300 | | | | $ | 24,008 | | | | $ | 87,308 | | | | | $ | 64,800 | | | | $ | 27,001 | | | | $ | 91,801 | | | ||||||
James S. Camp | | | | 25,000 | | | | | 24,008 | | | | | 49,008 | | | | | | 26,000 | | | | | 27,001 | | | | | 53,001 | | | ||||||
Harpreet S. Chaudhary | | | | 50,300 | | | | | 24,008 | | | | | 74,308 | | | | | | 46,633 | | | | | 27,001 | | | | | 73,634 | | | ||||||
Rocco Davis(2) | | | | 8,000 | | | | | 5,993 | | | | | 13,993 | | | | | | 9,000 | | | | | 5,993 | | | | | 14,993 | | | ||||||
Malcolm F. Hotchkiss(3) | | | | 30,000 | | | | | 24,008 | | | | | 54,008 | | | | | | 12,250 | | | | | — | | | | | 12,250 | | | ||||||
Robert G. Laverne, MD | | | | 29,500 | | | | | 24,008 | | | | | 53,508 | | | | | | 29,000 | | | | | 27,001 | | | | | 56,001 | | | ||||||
Syvia L. Magid | | | | 24,000 | | | | | 24,008 | | | | | 48,008 | | | | | | 26,500 | | | | | 27,001 | | | | | 53,501 | | | ||||||
David M. Spatz(4) | | | | 35,800 | | | | | 24,008 | | | | | 59,808 | | | | | | 36,000 | | | | | — | | | | | 36,000 | | |
| | | Year Ended December 31, | | | Year Ended December 31, | | |||||||||||||||||||
| 2021 | | 2020 | | | 2022 | | 2021 | | |||||||||||||||||
Audit Fees | | | $ | 468,000 | | | | $ | 478,000 | | | | | $ | 577,000 | | | | $ | 468,000 | | | ||||
Audit-related Fees | | | | 44,000 | | | | | 147,000 | | | | | | — | | | | | 44,000 | | | ||||
Tax Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
All Other Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
Total | | | $ | 512,000 | | | | $ | 625,000 | | | | | $ | 577,000 | | | | $ | 512,000 | | |
| Harpreet S. Chaudhary (Chair) Lloyd W. Kendall, Jr. Robert G. Laverne, MD | | | Syvia L. Magid Rocco Davis | |