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| | ☐ | | | | Preliminary Proxy Statement | | |
| | ☐ | | | | CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) | | |
| | ☑ | | | | Definitive Proxy Statement | | |
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| | | | ||
| James L. Welch Chairman of the Board | | | Mark B. Rourke Chief Executive Officer, President and Director | |
| | | | Sincerely, | |
| | | | | |
| Green Bay, Wisconsin March 15, 2024 | | | Thomas G. Jackson Corporate Secretary | |
| 2023 Compensation | | | | | 27 | | |
| Key Compensation Policies and Programs | | | | | 37 | | |
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| 2023 Summary Compensation Table | | | | ||||
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| Item | | | Vote Required | | | Effect of Abstentions and Broker Non-Votes on Vote Required | |
| Proposal 1 | | | | | Abstentions and broker non-votes will have no effect on the election of directors. Votes “withheld” will have no effect. Only votes cast “for” a director will have an effect on the election of directors. If your broker holds shares in your name, the broker, in the absence of voting instructions from you, is not entitled to vote your shares. | | |
| Proposal 2 | | | Votes cast “for” this proposal must exceed the votes cast “against” it to be approved. | | | Abstentions and broker non-votes do not count as votes “for” or “against” this proposal and will be disregarded in the calculation of votes cast. If your broker holds shares in your name, the broker, in the absence of voting instructions from you, is entitled to vote your shares. | |
| Proposal 3 | | | The votes cast “for” this proposal must exceed the votes cast “against” this proposal for it to be approved. | | | Abstentions and broker non-votes do not count as votes “for” or “against” this proposal and will be disregarded in the calculation of votes cast. If your broker holds shares in your name, the broker, in the absence of voting instructions from you, is not entitled to vote your shares. | |
| Item | | | Vote Required | | | Effect of Abstentions and Broker Non-Votes on Vote Required | |
| Proposal 4 – Advisory vote to approve the frequency of future advisory votes to approve the compensation of our named executive officers | | | The option that receives the greatest number of votes – every year (“one year”), every two years, or every three years – will be considered the frequency recommended by shareholders. | | | Abstentions and broker non-votes will have no affect on the outcome. If your broker holds shares in your name, the broker, in the absence of voting instructions from you, is not entitled to vote your shares. | |
• Corporate Governance Committee: The Corporate Governance Committee will have the primary responsibility of assisting the Board in its oversight of the framework, policies, and practices used by management to identify, assess and manage key strategic and operational ESG risks facing the Company and assisting the Board in establishing and maintaining effective corporate governance policies and practices. • Audit Committee: The Audit Committee will be generally responsible for assisting the Board with oversight of the Company’s disclosures or reporting of ESG-related matters or data. • Compensation Committee: The Compensation Committee will be generally responsible for assisting the Board with oversight of how well the Company’s culture and other Human Capital Management (“HCM”) processes embrace ESG efforts and assess the need to integrate ESG goals and milestones into executive compensation plans. |
| | Name | | | | Fees earned or paid in cash ($)(1) | | | | Stock awards ($)(2) | | | | All other compensation ($)(3) | | | | Total ($) | | |
| | Jyoti Chopra | | | | 95,000 | | | | 155,014 | | | | — | | | | 250,014 | | |
| | James R. Giertz | | | | 120,000 | | | | 155,014 | | | | — | | | | 275,014 | | |
| | Adam P. Godfrey(4) | | | | 38,625 | | | | — | | | | — | | | | 38,625 | | |
| | Robert W. Grubbs | | | | 115,000 | | | | 155,014 | | | | — | | | | 270,014 | | |
| | Robert M. Knight, Jr. | | | | 95,000 | | | | 155,014 | | | | — | | | | 250,014 | | |
| | Therese A. Koller(3) | | | | 95,000 | | | | 155,014 | | | | 11,220 | | | | 261,234 | | |
| | Paul J. Schneider(3)(5) | | | | 30,014 | | | | — | | | | 15,829 | | | | 45,843 | | |
| | Julie K. Streich(6) | | | | 45,652 | | | | 119,550 | | | | — | | | | 165,202 | | |
| | John A. Swainson(7) | | | | 113,708 | | | | 155,014 | | | | — | | | | 268,722 | | |
| | James L. Welch(8) | | | | 190,412 | | | | 155,014 | | | | — | | | | 345,425 | | |
| | Kathleen M. Zimmerman(3)(9) | | | | 65,247 | | | | 155,014 | | | | 15,829 | | | | 236,090 | | |
| Name | | | Fees earned or paid in cash ($)(1) | | | Stock awards ($)(2) | | | All other compensation ($)(3) | | | Total ($) | |
| Jyoti Chopra | | | 95,000 | | | 155,017 | | | — | | | 250,017 | |
| James R. Giertz | | | 120,000 | | | 155,017 | | | — | | | 275,017 | |
| Adam P. Godfrey | | | 195,000 | | | 155,017 | | | — | | | 350,017 | |
| Robert W. Grubbs | | | 115,000 | | | 155,017 | | | — | | | 270,017 | |
| Robert Knight | | | 95,000 | | | 155,017 | | | — | | | 250,017 | |
| Therese Koller(3) | | | 95,000 | | | 155,017 | | | 11,209 | | | 261,226 | |
| Paul Schneider(3) | | | 95,000 | | | 155,017 | | | 15,808 | | | 265,825 | |
| John A. Swainson | | | 100,000 | | | 155,017 | | | — | | | 255,017 | |
| James L. Welch | | | 115,000 | | | 155,017 | | | — | | | 270,017 | |
| Financial Highlights (in millions, except ratios and key operating metrics) | | | Financial Highlights (in millions, except ratios and key operating metrics) | | | |||||||||||||||||||||
| | | 2022 | | | 2021 | | | Change | | | | | | | 2023 | | | | 2022 | | | | Change | | | |
| Operating Revenues | | | $6,604.4M | | | $5,608.7M | | | 17.8% | | | Operating Revenues | | | | $5,498.9M | | | | $6,604.4M | | | | (16.7)% | | |
| Income from Operations | | | $600.4M | | | $533.7M | | | 12.5% | | | Income from Operations | | | | $296.4M | | | | $600.4M | | | | (50.6)% | | |
| Operating Ratio | | | 90.9% | | | 90.5% | | | -40 bps | | | Operating Ratio | | | | 94.6% | | | | 90.9% | | | | -370 bps | | |
| Diluted Earnings Per Share | | | $2.56 | | | $2.28 | | | 12.3% | | | Diluted Earnings Per Share | | | | $1.34 | | | | $2.56 | | | | (47.7)% | | |
| Total Shareholder Return | | | (4.0)% | | | 31.5% | | | -3,550 bps | | | Total Shareholder Return | | | | 10.2% | | | | (11.9)% | | | | 2,210 bps | | |
| | Annual Incentive Plan | | | | Based on performance outcomes for | | |
| 2021-2023 Performance Stock Awards | | | | The | | |
| | What We Do | | | | What We Don’t Do | | |
| | ✔ Pay for Performance. Emphasis on variable compensation. | | | | ✘ No hedging or pledging of company stock. | | |
| | ✔ Maintain stock ownership policy. | | | | ✘ No guaranteed annual salary increases or bonuses. | | |
| | ✔ Maintain a robust clawback policy. | | | | ✘ No single-trigger payments upon a change of control for our NEOs. | | |
| | ✔ Restricted | | | | ✘ No excise tax gross-up for executive officers. | | |
| | ✔ Maintain an appropriately-sized peer group for purposes of establishing competitive target compensation levels. | | | | ✘ No excessive perquisites. | | |
| | ✔ Conduct annual risk assessments of our compensation plans. | | | | ✘ No employment agreements with our NEOs that provide for guaranteed compensation. | | |
| | ✔ Hold annual say-on-pay advisory vote. | | | | ✘ No repricing stock options. | | |
| | ✔ Engage an independent compensation consultant. | | | | | | |
• Target compensation levels should be sufficiently competitive to attract and retain key talent. We aim to attract, motivate and retain high-performance talent to achieve and maintain a leading 24 position in our industry. Our target total direct compensation (“TDC”) levels should be competitive within the industries that we compete and general industry alternatives. • Actual compensation should relate directly to performance. Actual compensation levels should be tied to and vary with performance, both at the company and individual level, in achieving financial, operational and strategic objectives. Differentiated pay for high performers should be proportional to their contributions to our success. • Incentive compensation should constitute a significant portion of target TDC. A large portion of each executive’s compensation opportunity should be tied to performance, and therefore at risk, as position and responsibility increase. Individuals with greater roles and the ability to directly impact strategic direction and long-term results should bear a greater proportion of the risk. • Long-term incentive compensation should be closely aligned with shareholders’ interests. Awards of long-term compensation provide incentives to our named executive officers to focus on the Company’s long-range growth and development. Moreover, providing our named executives with a meaningful equity stake in the Company and our stock ownership policy (which requires that a threshold level of ownership be maintained) align management interests with those of our shareholders, and encourages management to focus on driving sustainable long-term performance. See “—Stock Ownership Policy.” |
| | ArcBest Corp. | | | | JB Hunt Transport Services, Inc. | | | | Ryder System, Inc. | | |
| | Avis Budget Group, Inc. | | | | Kirby Corporation | | | | Saia | | |
| | C.H. Robinson Worldwide | | | | Knight-Swift Transportation, Inc. | | | | Werner Enterprises, Inc. | | |
| | Expeditors Int’l of Washington, Inc. | | | | Landstar System, Inc. | | | | XPO Logistics | | |
| | Hub Group, Inc. | | | | Old Dominion Freight Line, Inc. | | | | | | |
| Executive | | | Effective Date | | | 2021 Base Salary | | | 2022 Base Salary | | | Percentage Change | | | Executive | | | | Effective Date | | | | 2022 Base Salary | | | | 2023 Base Salary | | | | Percentage Change | | | ||||||||||||
| Mark B. Rourke | | | 5/1/2022 | | | $850,000 | | | $925,000 | | | 8.8% | | | Mark B. Rourke | | | | | | 5/1/2023 | | | | | | $ | 925,000 | | | | | | $ | 950,000 | | | | | | | 2.7% | | | |
| Stephen L. Bruffett | | | 5/1/2022 | | | $535,000 | | | $560,000 | | | 4.7% | | | Darrell G. Campbell | | | | | | 9/30/2023 | | | | | | $ | — | | | | | | $ | 525,000 | | | | | | | —% | | | |
| Shaleen Devgun | | | 5/1/2022 | | | $425,000 | | | $450,000 | | | 5.9% | | | Shaleen Devgun | | | | | | 5/1/2023 | | | | | | $ | 450,000 | | | | | | $ | 490,000 | | | | | | | 8.9% | | | |
| Thomas G. Jackson | | | 5/1/2022 | | | $440,000 | | | $440,000 | | | 0.0% | | | James S. Filter(1) | | | | | | 5/1/2023 | | | | | | $ | 380,000 | | | | | | $ | 450,000 | | | | | | | 18.4% | | | |
| Robert M. Reich | | | 5/1/2022 | | | $400,000 | | | $440,000 | | | 10.0% | | | Robert M. Reich | | | | | | 5/1/2023 | | | | | | $ | 440,000 | | | | | | $ | 450,000 | | | | | | | 2.3% | | | |
| | Stephen L. Bruffett | | | | | | 5/1/2023 | | | | | | $ | 560,000 | | | | | | $ | 560,000 | | | | | | | —% | | | |
| Executive | | | 2021 Target Annual Incentive ($) | | | 2022 Target Annual Incentive ($) | | | Percentage Change | | | Executive | | | | 2022 Target Annual Incentive ($) | | | | 2023 Target Annual Incentive ($) | | | | Percentage Change | | | |||||||||
| Mark B. Rourke | | | $1,020,000 | | | $1,156,000 | | | 13.3% | | | Mark B. Rourke | | | | | $ | 1,156,000 | | | | | | $ | 1,300,000 | | | | | | | 12.5% | | | |
| Stephen L. Bruffett | | | $500,000 | | | $520,000 | | | 4.0% | | | Darrell G. Campbell(1) | | | | | $ | — | | | | | | $ | 103,750 | | | | | | | —% | | | |
| Shaleen Devgun | | | $275,000 | | | $300,000 | | | 9.1% | | | Shaleen Devgun | | | | | $ | 300,000 | | | | | | $ | 340,000 | | | | | | | 13.3% | | | |
| Thomas G. Jackson | | | $250,000 | | | $260,000 | | | 4.0% | | | James S. Filter | | | | | $ | 270,000 | | | | | | $ | 325,000 | | | | | | | 20.4% | | | |
| Robert M. Reich | | | $250,000 | | | $260,000 | | | 4.0% | | | Robert M. Reich | | | | | $ | 260,000 | | | | | | $ | 300,000 | | | | | | | 15.4% | | | |
| | Stephen L. Bruffett | | | | | $ | 520,000 | | | | | | $ | 520,000 | | | | | | | —% | | | |
| 2022 Performance (in thousands) | | | EBIT 60%(1) | | | Revenue Growth 20%(1) | | | Individual Performance 20%(1) | | | 2023 Performance (in thousands) | | | | Operating Earnings 60%(1) | | | | Revenue Growth 20%(1) | | | | Individual Performance 20%(1) | | |
| Maximum – 200% Payout(2) | | | $689,953 | | | $780,392 | | | 200% | | | Maximum — 200% Payout(2) | | | | $666,000 | | | | $144,419 | | | | 200% | | |
| Target – 100% Payout | | | $574,961 | | | $650,327 | | | 100% | | | Target — 100% Payout | | | | $555,000 | | | | $120,349 | | | | 100% | | |
| Threshold – Payout(2)(3) | | | $459,969 | | | $390,196 | | | 0% | | | Threshold — Payout(2)(3) | | | | $444,000 | | | | $72,209 | | | | 0% | | |
| 2022 Actual Performance(4)(5) | | | $667,494 | | | $578,077 | | | Varies by NEO | | ||||||||||||||||
| Unweighted Formulaic Earnout (% of Target) | | | 180.5% | | | 72.2% | | | Varies by NEO | | ||||||||||||||||
| CEO 2022 Actual Performance (4)(5) | | | $610,494 | | | $578,077 | | | NA | | ||||||||||||||||
| CEO Unweighted Formulaic Earnout (% of Target) | | | 130.9% | | | 72.2% | | | NA | |
| | Executive | | | 2023 Individual Performance Goals | | | |
| | Stephen L. Bruffett | | | | • Provide framework, analysis and insights for advancing enterprise’s strategic roadmap • • • | |
| ||||||||
| Darrell G. Campbell | | | | • Execute against orientation plan to company’s service offerings, finance function, and investor relations • Assess and identify opportunities relative to compliance, risk and control environment across all enterprise finance activities • Execute capital allocation strategies to maximize shareholder value | | | |
| | James S. Filter | | | | • Execute strategies to grow Dedicated Truck services market share • Ensure delivery of targeted synergies through Midwest Logistics Systems (MLS), DeBoer and M&M Transport acquisitions • Develop strategic alignment with existing and new rail partners to grow Intermodal market share • Advance key corporate responsibility strategies and outcomes | | |
| | Shaleen Devgun | | | | • Provide leadership to the development and delivery of the company’s digital technology transformation • • • Execute strategies to enable company to track and manage emission reduction goals | | |
| Robert M. Reich | | | | • | |||
• • | | |
| Executive | | | 2022 AIP Target Payout ($) | | | Operating Metrics ($) | | | Individual Performance ($) | | | 2022 AIP Payout Total ($) | |
| Mark B. Rourke (1) | | | $1,156,000 | | | $1,377,605 | | | NA | | | $1,377,605 | |
| Stephen L. Bruffett | | | $520,000 | | | $638,196 | | | $104,000 | | | $742,196 | |
| Shaleen Devgun | | | $300,000 | | | $368,190 | | | $78,000 | | | $446,190 | |
| Thomas G. Jackson | | | $260,000 | | | $319,098 | | | $62,400 | | | $381,498 | |
| Robert M. Reich | | | $260,000 | | | $319,098 | | | $72,800 | | | $391,898 | |
| | Executive | | | | 2023 AIP Target Payout ($) | | | | Operating Metrics ($) | | | | Individual Performance ($) | | | | 2023 AIP Payout Total ($) | | | ||||||||||||
| | Mark B. Rourke(1) | | | | | $ | 1,300,000 | | | | | | $ | — | | | | | | | NA | | | | | | | | | | |
| | Darrell G. Campbell | | | | | $ | 103,750 | | | | | | $ | — | | | | | | $ | 20,750 | | | | | | $ | 20,750 | | | |
| | James S. Filter | | | | | $ | 325,000 | | | | | | $ | — | | | | | | $ | 58,500 | | | | | | $ | 58,500 | | | |
| | Shaleen Devgun | | | | | $ | 340,000 | | | | | | $ | — | | | | | | $ | 68,000 | | | | | | $ | 68,000 | | | |
| | Robert M. Reich | | | | | $ | 300,000 | | | | | | $ | — | | | | | | $ | 60,000 | | | | | | $ | 60,000 | | | |
| | Stephen L. Bruffett | | | | | $ | 520,000 | | | | | | $ | — | | | | | | $ | — | | | | | | $ | — | | | |
| | Air Transport Services Group | | | | GXO Logistics | | | P.A.M Transportation Services | | | |
| | ArcBest Corporation | | | | Heartland Express, Inc. | | | Radiant Logistics, Inc. | | | |
| C.H. Robinson Worldwide, Inc. | | | | Hub Group, Inc. | | | Ryder System, Inc. | | | ||
| Covenant Logistics Group, Inc. | | | | J.B. Hunt Transport Services | | | Saia, Inc. | | | ||
| Daseke, Inc | | | | Knight-Swift Transportation | | | | United Parcel | | | |
| Expeditors Int’l of WA, Inc. | | | | Landstar System, Inc. | | | | Universal Logistics Holdings | | | |
| FedEx Corporation | | | | Marten Transport, Ltd | | | | Werner Enterprises, Inc. | | | |
| Forward Air Corporation | | | | Old Dominion Freight Line, Inc. | | | | XPO Logistics, Inc. | | ||
|
| | | Total Intended LTI Target Value ($) (1) | | | Intended Fair Value of Stock Options ($) | | | Intended Fair Value of Performance Share Units ($) | | | Intended Fair Value of Restricted Share Units ($) | | | | | | | Total Intended LTI Target Value ($)(1) | | | | Intended Fair Value of Performance Share Units ($) | | | | Intended Fair Value of Restricted Share Units ($) | | | ||||||||||
| Mark B. Rourke | | | $4,200,000 | | | $1,050,000 | | | $2,100,000 | | | $1,050,000 | | | Mark B. Rourke | | | | | $ | 4,450,000 | | | | | | $ | 2,670,000 | | | | | | $ | 1,780,000 | | | |
| Stephen L. Bruffett | | | $1,120,000 | | | $280,000 | | | $560,000 | | | $280,000 | | | Darrell G. Campbell(2) | | | | | $ | 250,000 | | | | | | $ | — | | | | | | $ | 250,000 | | | |
| Shaleen Devgun | | | $650,000 | | | $200,000 | | | $250,000 | | | $200,000 | | | Shaleen Devgun | | | | | $ | 670,000 | | | | | | $ | 402,000 | | | | | | $ | 268,000 | | | |
| Thomas G. Jackson | | | $600,000 | | | $150,000 | | | $300,000 | | | $150,000 | | | James S. Filter | | | | | $ | 900,000 | | | | | | $ | 540,000 | | | | | | $ | 360,000 | | | |
| Robert M. Reich | | | $600,000 | | | $150,000 | | | $300,000 | | | $150,000 | | | Robert M. Reich | | | | | $ | 700,000 | | | | | | $ | 420,000 | | | | | | $ | 280,000 | | | |
| | Stephen L. Bruffett | | | | | $ | 1,120,000 | | | | | | $ | 672,000 | | | | | | $ | 448,000 | | | |
(1) The intended target value differs from the actual grant date fair value due |
| 2020-2022 Restricted Performance Shares/Units Awards Performance Goals | | | 3 Year Compounded EBT Growth | | | 3 Year Average ROC | |
| Maximum – 200% Payout | | | 18% | | | 24.5% | |
| Target – 100% Payout | | | 8% | | | 14.5% | |
| Threshold – Payout (0% or 50% respectively) (1) | | | 2% | | | 10.5% | |
| 2020-2022 Actual Performance (2)(3) | | | 50.8% | | | 19.4% | |
| Payout (% of Target) (2)(3) | | | 200% | |
34
(1) The threshold percentages |
| | Position | | | | Multiple of Base Salary | | |
| | Chief Executive Officer | | | | 6x | | |
| | Chief Financial Officer | | | | 3x | | |
| | Other Executive Direct Reports to the Chief Executive Officer | | | | 2x | | |
| | | Year | | | Salary ($) (1) | | | Stock Awards ($) (2) | | | Option Awards ($) (3) | | | Non- Equity Incentive Plan Compensation ($) | | | Change in Pension Value and Non- Qualified Deferred Compensation Earnings ($) (4) | | | All Other Compensation ($) (5) | | | Total ($) | | | | | | | Year | | | | Salary ($)(1) | | | | Stock Awards ($)(2) | | | | Option Awards ($)(3) | | | | Non-Equity Incentive Plan Compensation ($) | | | | Change in Pension Value and Non- Qualified Deferred Compensation Earnings ($)(4) | | | | All Other Compensation ($)(5) | | | | Total ($) | | | |||||||||||||||||||||||||
| Mark B. Rourke | | | 2022 | | | 900,000 | | | 3,354,254 | | | 1,050,001 | | | 1,377,605 | | | 2,665 | | | 201,356 | | | 6,885,881 | | | Mark B. Rourke | | | | | | 2023 | | | | | | | 941,667 | | | | | | | 4,703,533 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 149,056 | | | | | | | 5,794,256 | | | |
| President and CEO | | | 2021 | | | 833,333 | | | 2,844,803 | | | 900,002 | | | 2,040,000 | | | 2,892 | | | 131,157 | | | 6,752,188 | | | President and CEO | | | | | | 2022 | | | | | | | 900,000 | | | | | | | 3,354,254 | | | | | | | 1,050,001 | | | | | | | 1,377,605 | | | | | | | 2,665 | | | | | | | 201,356 | | | | | | | 6,885,881 | | | |
| | | 2020 | | | 793,750 | | | 2,175,017 | | | 724,992 | | | 1,321,665 | | | 766 | | | 67,421 | | | 5,083,611 | | | | | | | | | 2021 | | | | | | | 833,333 | | | | | | | 2,844,803 | | | | | | | 900,002 | | | | | | | 2,040,000 | | | | | | | 2,892 | | | | | | | 131,157 | | | | | | | 6,752,188 | | | | |
| Stephen L. Bruffett | | | 2022 | | | 551,667 | | | 894,495 | | | 280,001 | | | 742,196 | | | 41 | | | 49,680 | | | 2,518,080 | | | Darrell G. Campbell | | | | | | 2023 | | | | | | | 133,767 | | | | | | | 250,013 | | | | | | | — | | | | | | | 20,750 | | | | | | | — | | | | | | | 22,656 | | | | | | | 427,186 | | | |
| EVP - CFO | | | 2021 | | | 523,333 | | | 869,233 | | | 274,998 | | | 950,000 | | | 29 | | | 28,341 | | | 2,645,934 | | | EVP – CFO (Effective September 30, 2023) | | | | | | | | | | | | | | | �� | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2020 | | | 500,000 | | | 768,777 | | | 256,237 | | | 458,708 | | | 6 | | | 18,550 | | | 2,002,279 | | | Shaleen Devgun | | | | | | 2023 | | | | | | | 476,667 | | | | | | | 708,211 | | | | | | | — | | | | | | | 68,000 | | | | | | | — | | | | | | | 62,054 | | | | | | | 1,314,932 | | | | |
| Shaleen Devgun | | | 2022 | | | 441,667 | | | 474,346 | | | 200,007 | | | 446,190 | | | 70 | | | 47,717 | | | 1,609,997 | | | EVP – CITO | | | | | | 2022 | | | | | | | 441,667 | | | | | | | 474,346 | | | | | | | 200,007 | | | | | | | 446,190 | | | | | | | 70 | | | | | | | 47,717 | | | | | | | 1,609,997 | | | |
| EVP - CIO | | | 2021 | | | 425,000 | | | 416,048 | | | 199,990 | | | 522,500 | | | 59 | | | 36,323 | | | 1,599,920 | | | | | | | | | 2021 | | | | | | | 425,000 | | | | | | | 416,048 | | | | | | | 199,990 | | | | | | | 522,500 | | | | | | | 59 | | | | | | | 36,323 | | | | | | | 1,599,920 | | | |
| | | 2020 | | | 422,917 | | | 318,742 | | | 106,258 | | | 348,068 | | | 19 | | | 30,183 | | | 1,226,188 | | | James S. Filter | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Thomas G. Jackson | | | 2022 | | | 440,000 | | | 479,210 | | | 150,005 | | | 381,498 | | | 12 | | | 60,521 | | | 1,511,246 | | | EVP – Group President, Transportation & Logistics | | | | | | 2023 | | | | | | | 426,667 | | | | | | | 951,328 | | | | | | | — | | | | | | | 58,500 | | | | | | | — | | | | | | | 55,512 | | | | | | | 1,492,007 | | | |
| EVP - General Counsel | | | 2021 | | | 435,000 | | | 367,427 | | | 116,239 | | | 462,500 | | | 3 | | | 56,548 | | | 1,437,716 | | | Robert M. Reich | | | | | | 2023 | | | | | | | 446,667 | | | | | | | 739,935 | | | | | | | — | | | | | | | 60,000 | | | | | | | — | | | | | | | 71,365 | | | | | | | 1,317,967 | | | |
| | | 2020 | | | 422,917 | | | 318,742 | | | 106,258 | | | 241,425 | | | — | | | 50,961 | | | 1,140,303 | | | EVP – CAO | | | | | | 2022 | | | | | | | 426,667 | | | | | | | 479,210 | | | | | | | 150,005 | | | | | | | 391,898 | | | | | | | 222 | | | | | | | 62,500 | | | | | | | 1,510,502 | | | | |
| Robert M. Reich | | | 2022 | | | 426,667 | | | 479,210 | | | 150,005 | | | 391,898 | | | 222 | | | 62,500 | | | 1,510,502 | | | Stephen L. Bruffett | | | | | | 2023 | | | | | | | 560,000 | | | | | | | 1,183,829 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 35,944 | | | | | | | 1,779,773 | | | |
| EVP - CAO | | | | | | | | | | | | | | | | | | | EVP – Finance (Former CFO) | | | | | | 2022 | | | | | | | 551,667 | | | | | | | 894,495 | | | | | | | 280,001 | | | | | | | 742,196 | | | | | | | 41 | | | | | | | 49,680 | | | | | | | 2,518,080 | | | | ||||||||
| | | | | | | | 2021 | | | | | | | 523,333 | | | | | | | 869,233 | | | | | | | 274,998 | | | | | | | 950,000 | | | | | | | 29 | | | | | | | 28,341 | | | | | | | 2,645,934 | | | |
| | | Retirement Contributions | | |||||||
| Name | | | 401(k) Company Match ($) | | | Taxable Cash Contribution ($) (1) | | | Company SSP Contributions ($) (2) | |
| Mark B. Rourke | | | 9,150 | | | 18,300 | | | 158,100 | |
| Stephen L. Bruffett | | | 9,150 | | | 6,100 | | | 23,933 | |
| Shaleen Devgun | | | 9,150 | | | 12,200 | | | 26,367 | |
| Thomas G. Jackson | | | 9,150 | | | 6,100 | | | 11,950 | |
| Robert M. Reich | | | 9,150 | | | 18,300 | | | 35,050 | |
| | | | | | Retirement Contributions | | | |||||||||||||||||
| | Name | | | | 401(k) Company Match ($) | | | | Taxable Cash Contribution ($)(1) | | | | Company SSP Contributions ($)(2) | | | |||||||||
| | Mark B. Rourke | | | | | | 9,900 | | | | | | | 19,800 | | | | | | | 119,356 | | | |
| | Darrell G. Campbell | | | | | | 656 | | | | | | | — | | | | | | | — | | | |
| | Shaleen Devgun | | | | | | 9,900 | | | | | | | 13,200 | | | | | | | 23,714 | | | |
| | James S. Filter | | | | | | 8,502 | | | | | | | 19,800 | | | | | | | 27,210 | | | |
| | Robert M. Reich | | | | | | 9,900 | | | | | | | 19,800 | | | | | | | 30,514 | | | |
| | Stephen L. Bruffett | | | | | | 9,900 | | | | | | | 6,600 | | | | | | | 19,444 | | | |
| Name | | | Grant Date | | | Compensation Committee Approval Date | | | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards (1) | | | Estimated Future Payments Under Equity Incentive Plan Awards | | | All Other Stock Awards: Number of Shares of Stock | | | All Other Option Awards: Number of Securities Under- lying Options | | | Exercise or Base Price of Option Awards ($/Sh) | | | Grant Date Fair Value of Stock and Option Awards | | | Name | | | | Grant Date | | | | Compensation Committee Approval Date | | | | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards(1) | | | | Estimated Future Payments Under Equity Incentive Plan Awards(3) | | | | All Other Stock Awards: Number of Shares of Stock | | | | All Other Option Awards: Number of Securities Underlying Options | | | | Exercise or Base Price of Option Awards ($/Sh) | | | | Grant Date Fair Value of Stock and Option Awards | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Threshold ($) (2) | | | Target ($) | | | Maximum ($) | | | Threshold (#) | | | Target (#) | | | Maximum (#) | | | Threshold ($)(2) | | | | Target ($) | | | | Maximum ($) | | | | Threshold (#) | | | | Target (#) | | | | Maximum (#) | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Mark B. Rourke | | | | | | | | | 1,156,000 | | | 2,312,000 | | | | | | | | | | | | | | | | | Mark B. Rourke | | | | | | | | | | | | | | | | | | | | | | | | 1,300,000 | | | | | | | 2,600,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | 8,105 | | | 81,050 | | | 202,625 | | | | | | | | | 2,304,252 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | 9,252 | | | | | | | 92,516 | | | | | | | 231,290 | | | | | | | | | | | | | | | | | | | | | | 2,923,506 | | | | |||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | 40,525 | | | | | | | 1,050,003 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 61,678 | | | | | | | | | | | | | | | 1,780,027 | | | | |||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | | | 141,892 | | | 25.91 | | | 1,050,001 | | | Darrell G. Campbell | | | | | | | | | | | | | | | | | | | | | | | | 103,750 | | | | | | | 207,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||
| Stephen L. Bruffett | | | | | | | | | 520,000 | | | 1,040,000 | | | | | | | | | | | | | | | | | | | 9/30/23 | | | | | | | 7/28/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,029 | | | | | | | | | | | | | | | 250,013 | | | | ||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | 2,161 | | | 21,614 | | | 54,035 | | | | | | | | | 614,486 | | | Shaleen Devgun | | | | | | | | | | | | | | | | | | | | | | | | 340,000 | | | | | | | 680,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | 10,807 | | | | | | | 280,009 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | 1,393 | | | | | | | 13,930 | | | | | | | 34,825 | | | | | | | | | | | | | | | | | | | | | | 440,188 | | | | |||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | | | 37,838 | | | 25.91 | | | 280,001 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,287 | | | | | | | | | | | | | | | 268,023 | | | | ||||||||||||||
| Shaleen Devgun | | | | | | | | | 300,000 | | | 600,000 | | | | | | | | | | | | | | | | | James S. Filter | | | | | | | | | | | | | | | | | | | | | | | | 325,000 | | | | | | | 650,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | 965 | | | 9,649 | | | 24,123 | | | | | | | | | 274,321 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | 1,871 | | | | | | | 18,712 | | | | | | | 46,780 | | | | | | | | | | | | | | | | | | | | | | 591,299 | | | | |||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | 7,720 | | | | | | | 200,025 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 12,475 | | | | | | | | | | | | | | | 360,029 | | | | |||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | | | 27,028 | | | 25.91 | | | 200,007 | | | Robert M. Reich | | | | | | | | | | | | | | | | | | | | | | | | 300,000 | | | | | | | 600,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||
| Thomas G. Jackson | | | | | | | | | 260,000 | | | 520,000 | | | | | | | | | | | | | | | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | 1,455 | | | | | | | 14,554 | | | | | | | 36,385 | | | | | | | | | | | | | | | | | | | | | | 459,906 | | | | ||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | 1,158 | | | 11,579 | | | 28,948 | | | | | | | | | 329,191 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,703 | | | | | | | | | | | | | | | 280,029 | | | | |||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | 5,790 | | | | | | | 150,019 | | | Stephen L. Bruffett | | | | | | | | | | | | | | | | | | | | | | | | 520,000 | | | | | | | 1,040,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | | | 20,271 | | | 25.91 | | | 150,005 | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | 2,329 | | | | | | | 23,285 | | | | | | | 58,213 | | | | | | | | | | | | | | | | | | | | | | 735,806 | | | | ||||||||||||||
| Robert M. Reich | | | | | | | | | 260,000 | | | 520,000 | | | | | | | | | | | | | | | | | | | 2/15/23 | | | | | | | 1/30/23 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 15,524 | | | | | | | | | | | | | | | 448,023 | | | | ||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | 1,158 | | | 11,579 | | | 28,948 | | | | | | | | | 329,191 | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | 5,790 | | | | | | | 150,019 | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2/15/22 | | | 1/24/22 | | | | | | | | | | | | | | | | | 20,271 | | | 25.91 | | | 150,005 | |
| Name | | | | | Option Awards | | | Stock Awards | | | | | | | | | | | Option Awards | | | | Stock Awards | | | |||||||||||||||||||||||||||||||||||||||||||
| Grant Year | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | Option Exercise Price ($) | | | Option Expiration Date (1) | | | Number of Shares or Units of Stock That Have Not Vested (#) (2) | | | Market Value of Shares or Units of Stock That Have Not Vested ($) (2) (3) | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (3) (4) | | | Name | | | | Grant Year | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | | Option Exercise Price ($) | | | | Option Expiration Date(1) | | | | Number of Shares or Units of Stock That Have Not Vested (#)(2) | | | | Market Value of Shares or Units of Stock That Have Not Vested ($)(2)(3) | | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) | | | | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3)(4) | | | |||
| Mark B. Rourke | | | 2022 | | | — | | | 141,892 | | | 25.91 | | | 2/15/2032 | | | 40,525 | | | 948,285 | | | 202,625 | | | 4,741,425 | | | Mark B. Rourke | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | 61,678 | | | | 1,569,705 | | | | 9,252 | | | | 235,453 | | |
| 2021 | | | 38,396 | | | 115,188 | | | 22.63 | | | 2/15/2031 | | | 29,829 | | | 697,999 | | | 198,851 | | | 4,653,113 | | | 2022 | | | | 35,473 | | | | 106,419 | | | | 25.91 | | | | 2/15/2032 | | | | 29,100 | | | | 740,595 | | | | 81,050 | | | | 2,062,723 | | | |||||||
| 2020 | | | 57,176 | | | 57,176 | | | 20.04 | | | 2/14/2030 | | | 16,448 | | | 384,883 | | | 131,578 | | | 3,078,925 | | | 2021 | | | | 76,792 | | | | 76,792 | | | | 22.63 | | | | 2/15/2031 | | | | 10,539 | | | | 268,218 | | | | 198,851 | | | | 5,060,758 | | | |||||||
| 2019 | | | 36,666 | | | 12,221 | | | 18.99 | | | 4/29/2029 | | | 3,662 | | | 85,691 | | | — | | | — | | | 2020 | | | | 85,764 | | | | 28,588 | | | | 20.04 | | | | 2/14/2030 | | | | 4,358 | | | | 110,911 | | | | — | | | | — | | | |||||||
| 2019 | | | 29,606 | | | 9,868 | | | 20.96 | | | 2/15/2029 | | | 3,266 | | | 76,424 | | | — | | | — | | | 2019 | | | | 48,887 | | | | — | | | | 18.99 | | | | 4/29/2029 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| 2018 | | | 33,520 | | | — | | | 24.81 | | | 2/15/2028 | | | — | | | — | | | — | | | — | | | 2019 | | | | 39,474 | | | | — | | | | 20.96 | | | | 2/15/2029 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| 2017 | | | 41,208 | | | — | | | 17.00 | | | 4/5/2027 | | | — | | | — | | | — | | | — | | | 2018 | | | | 33,520 | | | | — | | | | 24.81 | | | | 2/15/2028 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| Stephen L. Bruffett | | | 2022 | | | — | | | 37,838 | | | 25.91 | | | 2/15/2032 | | | 10,807 | | | 252,884 | | | 54,035 | | | 1,264,419 | | | 2017 | | | | 41,208 | | | | — | | | | 17.00 | | | | 4/5/2027 | | | | — | | | | — | | | | — | | | | — | | | ||||
| 2021 | | | 11,732 | | | 35,196 | | | 22.63 | | | 2/15/2031 | | | 9,114 | | | 213,268 | | | 60,760 | | | 1,421,784 | | | Darrell G. Campbell | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | 9,029 | | | | 229,788 | | | | — | | | | — | | | |||
| 2020 | | | 20,208 | | | 20,208 | | | 20.04 | | | 2/14/2030 | | | 5,814 | | | 136,048 | | | 46,506 | | | 1,088,240 | | | Shaleen Devgun | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | 9,287 | | | | 236,354 | | | | 1,393 | | | | 35,452 | | | |||
| 2019 | | | 25,288 | | | 8,429 | | | 20.96 | | | 2/15/2029 | | | 2,790 | | | 65,286 | | | — | | | — | | | 2022 | | | | 6,757 | | | | 20,271 | | | | 25.91 | | | | 2/15/2032 | | | | 5,790 | | | | 147,356 | | | | 9,649 | | | | 245,567 | | | |||||||
| 2018 | | | 27,656 | | | — | | | 24.37 | | | 4/29/2028 | | | — | | | — | | | — | | | — | | | 2021 | | | | 17,064 | | | | 17,064 | | | | 22.63 | | | | 2/15/2031 | | | | 4,418 | | | | 112,438 | | | | 22,095 | | | | 562,318 | | | |||||||
| Shaleen Devgun | | | 2022 | | | — | | | 27,028 | | | 25.91 | | | 2/15/2032 | | | 7,720 | | | 180,648 | | | 24,123 | | | 564,467 | | | 2020 | | | | 12,570 | | | | 4,190 | | | | 20.04 | | | | 2/14/2030 | | | | 1,205 | | | | 30,667 | | | | — | | | | — | | | ||||
| 2021 | | | 8,532 | | | 25,596 | | | 22.63 | | | 2/15/2031 | | | 6,627 | | | 155,072 | | | 22,095 | | | 517,023 | | | 2019 | | | | 13,980 | | | | — | | | | 20.96 | | | | 2/15/2029 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| 2020 | | | 8,380 | | | 8,380 | | | 20.04 | | | 2/14/2030 | | | 2,410 | | | 56,394 | | | 19,284 | | | 451,246 | | | 2018 | | | | 8,352 | | | | — | | | | 24.81 | | | | 2/15/2028 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| 2019 | | | 10,485 | | | 3,495 | | | 20.96 | | | 2/15/2029 | | | 1,157 | | | 27,074 | | | — | | | — | | | James S. Filter | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | 12,475 | | | | 317,489 | | | | 1,871 | | | | 47,622 | | | |||
| 2018 | | | 8,352 | | | — | | | 24.81 | | | 2/15/2028 | | | — | | | — | | | — | | | — | | | 2022 | | | | 5,915 | | | | 17,745 | | | | 21.62 | | | | 2/15/2032 | | | | 4,342 | | | | 110,504 | | | | 11,579 | | | | 294,686 | | | |||||||
| Thomas G. Jackson | | | 2022 | | | — | | | 20,271 | | | 25.91 | | | 2/15/2032 | | | 5,790 | | | 135,486 | | | 28,948 | | | 677,372 | | | 2021 | | | | — | | | | — | | | | — | | | | — | | | | 4,418 | | | | 112,438 | | | | 22,095 | | | | 562,318 | | | ||||
| 2021 | | | 4,959 | | | 14,877 | | | 22.63 | | | 2/15/2031 | | | 3,852 | | | 90,137 | | | 25,685 | | | 601,029 | | | 2020 | | | | — | | | | — | | | | — | | | | — | | | | 1,701 | | | | 43,290 | | | | — | | | | — | | | |||||||
| 2020 | | | 8,380 | | | 8,380 | | | 20.04 | | | 2/14/2030 | | | 2,410 | | | 56,394 | | | 19,284 | | | 451,246 | | | Robert M. Reich | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | 9,703 | | | | 246,941 | | | | 1,455 | | | | 37,040 | | | |||
| 2019 | | | 13,686 | | | 4,562 | | | 16.76 | | | 7/22/2029 | | | 1,333 | | | 31,192 | | | — | | | — | | | 2022 | | | | 5,068 | | | | 15,203 | | | | 25.91 | | | | 2/15/2032 | | | | 4,342 | | | | 110,504 | | | | 11,579 | | | | 294,686 | | | |||||||
| Robert M. Reich | | | 2022 | | | — | | | 20,271 | | | 25.91 | | | 2/15/2032 | | | 5,790 | | | 135,486 | | | 28,948 | | | 677,372 | | | 2021 | | | | 9,598 | | | | 9,598 | | | | 22.63 | | | | 2/15/2031 | | | | 2,486 | | | | 63,269 | | | | 24,856 | | | | 632,585 | | | ||||
| 2021 | | | 4,799 | | | 14,397 | | | 22.63 | | | 2/15/2031 | | | 3,729 | | | 87,259 | | | 24,856 | | | 581,630 | | | 2020 | | | | 11,829 | | | | 3,943 | | | | 20.04 | | | | 2/14/2030 | | | | 1,134 | | | | 28,860 | | | | — | | | | — | | | |||||||
| 2020 | | | 7,886 | | | 7,886 | | | 20.04 | | | 2/14/2030 | | | 2,268 | | | 53,071 | | | 18,148 | | | 424,663 | | | 2019 | | | | 3,706 | | | | — | | | | 18.99 | | | | 4/29/2029 | | | | — | | | | — | | | | — | | | | — | | | |||||||
| 2019 | | | 6,030 | | | 3,676 | | | 18.99 | | | 4/29/2029 | | | 1,007 | | | 23,564 | | | — | | | — | | | Stephen L. Bruffett(5) | | | | 2023 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | |||
| | 2022 | | | | 9,460 | | | | — | | | | 25.91 | | | | 6/1/2024 | | | | — | | | | — | | | | — | | | | — | | | |||||||||||||||||||||||||||||||||
| 2021 | | | | 23,464 | | | | — | | | | 22.63 | | | | 6/1/2024 | | | | — | | | | — | | | | 60,760 | | | | 1,546,342 | | | ||||||||||||||||||||||||||||||||||
| 2020 | | | | 30,312 | | | | — | | | | 20.04 | | | | 6/1/2024 | | | | — | | | | — | | | | — | | | | — | | | ||||||||||||||||||||||||||||||||||
| 2019 | | | | 33,717 | | | | — | | | | 20.96 | | | | 6/1/2024 | | | | — | | | | — | | | | — | | | | — | | | ||||||||||||||||||||||||||||||||||
| 2018 | | | | 27,656 | | | | — | | | | 24.37 | | | | 6/1/2024 | | | | — | | | | — | | | | — | | | | — | | |
| Name | | | Option Awards | | | Stock Awards | | | | | | | Option Awards | | | | Stock Awards | | | ||||||||||||||
| Number of Shares Acquired on Exercise (#) | | | Value Realized on Exercise ($) | | | Number of Shares Acquired on Vesting (#) | | | Value Realized on Vesting ($) (1) | | | Name | | | | Number of Shares Acquired on Exercise (#) | | | | Value Realized on Exercise ($) | | | | Number of Shares Acquired on Vesting (#) | | | | Value Realized on Vesting ($)(1) | | | |||
| Mark B. Rourke | | | — | | | — | | | 27,892 | | | 715,430 | | | Mark B. Rourke(3) | | | | — | | | | — | | | | 181,311 | | | | 4,384,029 | | |
| Stephen L. Bruffett | | | — | | | — | | | 11,105 | | | 284,843 | | | Darrell G. Campbell | | | | — | | | | — | | | | — | | | | — | | |
| Shaleen Devgun | | | 11,748 | | | 115,375 | | | 23,918 | | | 613,497 | | | Shaleen Devgun | | | | — | | | | — | | | | 25,785 | | | | 627,437 | | |
| Thomas G. Jackson | | | — | | | — | | | 3,822 | | | 98,034 | | | James S. Filter | | | | — | | | | — | | | | 24,687 | | | | 601,989 | | |
| Robert M. Reich | | | 5,000 | | | 37,150 | | | 4,456 | | | 114,296 | | | Robert M. Reich | | | | 6,000 | | | | 63,896 | | | | 22,980 | | | | 555,655 | | |
| | Stephen L. Bruffett | | | | — | | | | — | | | | 57,943 | | | | 1,396,475 | | |
| Name | | | | | Executive Contributions in Last Fiscal Year ($) | | | Registrant Contributions in Last Fiscal Year ($) (1) | | | Aggregate Earnings in Last Fiscal Year ($) (2) (3) | | | Aggregate Withdrawals and Distributions ($) | | | Aggregate Balance at Last Fiscal Year End ($) (4) (5) | | | Name | | | | | | | | Executive Contributions in Last Fiscal Year ($) | | | | Registrant Contributions in Last Fiscal Year ($)(1) | | | | Aggregate Earnings in Last Fiscal Year ($)(2)(3) | | | | Aggregate Withdrawals and Distributions ($) | | | | Aggregate Balance at Last Fiscal Year End ($)(4)(5) | | | |
| Mark B. Rourke | | | SSP | | | — | | | 158,100 | | | 13,560 | | | — | | | 749,609 | | | Mark B. Rourke | | | | SSP | | | | 0 | | | | 119,356 | | | | 34,774 | | | | 0 | | | | 903,739 | | |
| | | Retention Credits | | | — | | | — | | | 40,586 | | | — | | | 1,748,294 | | | | | | | Retention Credits | | | | 0 | | | | 0 | | | | 82,585 | | | | 0 | | | | 1,830,879 | | | |
| | | SARs | | | — | | | — | | | 439,242 | | | -1,919,564 | | | — | | | | | | | Total | | | | 0 | | | | 119,356 | | | | 117,359 | | | | 0 | | | | 2,734,618 | | | |
| | | Total | | | — | | | 158,100 | | | 493,388 | | | -1,919,564 | | | 2,497,903 | | | Darrell G. Campbell | | | | SSP | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | |
| Stephen L. Bruffett | | | SSP | | | — | | | 23,933 | | | 824 | | | — | | | 60,613 | | | | | | | Total | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0 | | |
| | | Total | | | — | | | 23,933 | | | 824 | | | — | | | 60,613 | | | Shaleen Devgun | | | | SSP | | | | 0 | | | | 23,714 | | | | 4,099 | | | | 0 | | | | 116,832 | | | |
| Shaleen Devgun | | | SSP | | | — | | | 26,367 | | | 1,423 | | | — | | | 89,019 | | | | | | | Total | | | | 0 | | | | 23,714 | | | | 4,099 | | | | 0 | | | | 116,832 | | |
| | | Total | | | — | | | 26,367 | | | 1,423 | | | — | | | 89,019 | | | James S. Filter | | | | SSP | | | | 321,143 | | | | 27,210 | | | | 32,905 | | | | 0 | | | | 381,257 | | | |
| Thomas G. Jackson | | | SSP | | | — | | | 11,950 | | | 236 | | | — | | | 22,749 | | | | | | | Total | | | | 321,143 | | | | 27,210 | | | | 32,905 | | | | 0 | | | | 381,257 | | |
| | | Total | | | — | | | 11,950 | | | 236 | | | — | | | 22,749 | | | Robert M. Reich | | | | SSP | | | | 109,561 | | | | 30,514 | | | | 15,534 | | | | 0 | | | | 274,126 | | | |
| Robert M. Reich | | | SSP | | | 78,950 | | | 35,050 | | | 4,517 | | | — | | | 118,517 | | | | | | | Total | | | | 109,561 | | | | 30,514 | | | | 15,534 | | | | 0 | | | | 274,126 | | |
| | | Total | | | 78,950 | | | 35,050 | | | 4,517 | | | — | | | 118,517 | | | Stephen L. Bruffett | | | | SSP | | | | 0 | | | | 19,444 | | | | 2,767 | | | | 0 | | | | 82,824 | | | |
| | | | | | Total | | | | 0 | | | | 19,444 | | | | 2,767 | | | | 0 | | | | 82,824 | | |
| Name | | | Value of Acceleration of Restricted Shares/Units ($) (1) | | | Value of Acceleration of Performance Shares/Units ($) (2) | | | Value of Acceleration of Stock Options ($) (3) | | | Total ($) | | | Name | | | | Value of Acceleration of Restricted Shares/Units ($)(1) | | | | Value of Acceleration of Performance Shares/Units ($)(2) | | | | Value of Acceleration of Stock Options ($)(3) | | | | Value of Cash Severance(4) | | | | Value of Continued Medical Benefits Payments(5) | | | | Total ($) | | | ||||||||||||||||||
| Mark B. Rourke | | | | | | | | | | | Mark B. Rourke | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||
| Change of Control/Double Trigger | | | 2,193,305 | | | 12,473,464 | | | 5,631,129 | | | 20,297,898 | | | Change of Control/Double Trigger | | | | | | 2,689,429 | | | | | | | 7,358,934 | | | | | | | 3,971,535 | | | | | | | 5,625,000 | | | | | | | 56,113 | | | | | | | 19,701,011 | | | |
| Death or Disability | | | 2,193,305 | | | 12,473,464 | | | 5,631,129 | | | 20,297,898 | | | Death or Disability | | | | | | 2,689,429 | | | | | | | 7,358,934 | | | | | | | 3,971,535 | | | | | | | 5,625,000 | | | | | | | 56,113 | | | | | | | 19,701,011 | | | |
| Stephen L. Bruffett | | | | | | | | | | | Darrell G. Campbell | | | | | | | | | | | | | | | | | | �� | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||
| Change of Control/Double Trigger | | | 667,491 | | | 3,774,443 | | | 1,700,676 | | | 6,142,611 | | | Change of Control/Double Trigger | | | | | | 229,788 | | | | | | | — | | | | | | | — | | | | | | | 1,900,750 | | | | | | | 13,203 | | | | | | | 2,143,741 | | | |
| Death or Disability | | | 667,491 | | | 3,774,443 | | | 1,700,676 | | | 6,142,611 | | | Death or Disability | | | | | | 229,788 | | | | | | | — | | | | | | | — | | | | | | | 1,900,750 | | | | | | | 13,203 | | | | | | | 2,143,741 | | | |
| Shaleen Devgun | | | | | | | | | | | Shaleen Devgun | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||
| Change of Control/Double Trigger | | | 419,188 | | | 1,532,735 | | | 1,079,586 | | | 3,031,508 | | | Change of Control/Double Trigger | | | | | | 526,815 | | | | | | | 843,337 | | | | | | | 780,246 | | | | | | | 1,728,000 | | | | | | | 44,891 | | | | | | | 3,923,289 | | | |
| Death or Disability | | | 419,188 | | | 1,532,735 | | | 1,079,586 | | | 3,031,508 | | | Death or Disability | | | | | | 526,815 | | | | | | | 843,337 | | | | | | | 780,246 | | | | | | | 1,728,000 | | | | | | | 44,891 | | | | | | | 3,923,289 | | | |
| Thomas G. Jackson | | | | | | | | | | | James S. Filter | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||
| Change of Control/Double Trigger | | | 313,209 | | | 1,729,646 | | | 809,992 | | | 2,852,848 | | | Change of Control/Double Trigger | | | | | | 583,734 | | | | | | | 904,625 | | | | | | | 339,107 | | | | | | | 1,608,500 | | | | | | | 44,891 | | | | | | | 3,480,857 | | | |
| Death or Disability | | | 313,209 | | | 1,729,646 | | | 809,992 | | | 2,852,848 | | | Death or Disability | | | | | | 583,734 | | | | | | | 904,625 | | | | | | | 339,107 | | | | | | | 1,608,500 | | | | | | | 44,891 | | | | | | | 3,480,857 | | | |
| Robert M. Reich | | | | | | | | | | | Robert M. Reich | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||
| Change of Control/Double Trigger | | | 299,385 | | | 1,683,665 | | | 774,299 | | | 2,757,350 | | | Change of Control/Double Trigger | | | | | | 449,587 | | | | | | | 964,311 | | | | | | | 537,794 | | | | | | | 1,560,000 | | | | | | | 44,891 | | | | | | | 3,556,583 | | | |
| Death or Disability | | | 299,385 | | | 1,683,665 | | | 774,299 | | | 2,757,350 | | | Death or Disability | | | | | | 449,587 | | | | | | | 964,311 | | | | | | | 537,794 | | | | | | | 1,560,000 | | | | | | | 44,891 | | | | | | | 3,556,583 | | | |
| | Stephen L. Bruffett(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||
| | Change of Control/Double Trigger | | | | | | — | | | | | | | 1,546,342 | | | | | | | — | | | | | | | 2,160,000 | | | | ��� | | | 31,687 | | | | | | | 3,738,029 | | | | ||||||||||||||
| | Death or Disability | | | | | | — | | | | | | | 1,546,342 | | | | | | | — | | | | | | | 2,160,000 | | | | | | | 31,687 | | | | | | | 3,738,029 | | | |
| Operating Earnings*(1) | | | | *We consider | | | |
| | Earnings Before Taxes (EBT | | | ||||
| | Return on Capital (ROC) | | | ||||
| | Revenue Growth | | | ||||
| | Relative TSR | | |
| Year (1) (a) | | | Summary Compensation Table Total for PEO (b) | | | Compensation Actually Paid to PEO (2) (3) (4) (c) | | | Average Summary Compensation Table Total for Non-PEO NEOs (d) | | | Average Compensation Actually Paid to Non-PEO NEOs (2) (3) (4) (e) | | | Value of Initial Fixed $100 Investment Based on: | | | Net Income (GAAP) (6) (h) | | | EBIT (3) (6) (i) | | |||
| Total Shareholder Return (f) | | | Peer Group Total Shareholder Return (5) (g) | | |||||||||||||||||||||
| 2022 | | | $6,885,881 | | | $6,957,044 | | | $1,787,456 | | | $1,756,329 | | | $121.54 | | | $122.85 | | | $458 | | | $610 | |
| 2021 | | | $6,752,188 | | | $11,257,776 | | | $1,878,416 | | | $2,951,458 | | | $137.92 | | | $151.16 | | | $405 | | | $532 | |
| 2020 | | | $5,083,611 | | | $3,644,917 | | | $1,513,183 | | | $1,159,134 | | | $104.86 | | | $114.73 | | | $212 | | | $300 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Value of Initial Fixed $100 Investment Based on: | | | | | | | | | | | | | | | | | ||||||||||
| | Year (1) (a) | | | | Summary Compensation Table Total for PEO (b) | | | | Compensation Actually Paid to PEO(2)(3)(4) (c) | | | | Average Summary Compensation Table Total for Non-PEO NEOs (d) | | | | Average Compensation Actually Paid to Non-PEO NEOs (2)(3)(4) (e) | | | | Total Shareholder Return (f) | | | | Peer Group Total Shareholder Return(5) (g) | | | | Net Income (GAAP) (6) (h) | | | | Operating Earnings (6)(7) (i) | | | ||||||||||||||||||||||||
| | 2023 | | | | | $ | 5,794,256 | | | | | | $ | 1,989,593 | | | | | | $ | 1,266,373 | | | | | | $ | 412,195 | | | | | | $ | 134.36 | | | | | | $ | 154.31 | | | | | | $ | 239 | | | | | | $ | 296 | | | |
| | 2022 | | | | | $ | 6,885,881 | | | | | | $ | 6,957,044 | | | | | | $ | 1,787,456 | | | | | | $ | 1,756,329 | | | | | | $ | 121.90 | | | | | | $ | 127.96 | | | | | | $ | 458 | | | | | | $ | 610 | | | |
| | 2021 | | | | | $ | 6,752,188 | | | | | | $ | 11,257,776 | | | | | | $ | 1,878,416 | | | | | | $ | 2,951,458 | | | | | | $ | 138.33 | | | | | | $ | 155.22 | | | | | | $ | 405 | | | | | | $ | 532 | | | |
| | 2020 | | | | | $ | 5,083,611 | | | | | | $ | 3,644,917 | | | | | | $ | 1,513,183 | | | | | | $ | 1,159,134 | | | | | | $ | 105.18 | | | | | | $ | 116.52 | | | | | | $ | 212 | | | | | | $ | 300 | | | |
| | | Deduct SCT Stock & Option Awards (a) | | | Add Year-End Value of Unvested Equity Granted in Year (b) | | | Add Change in Value of Unvested Equity Granted in Prior Years (c) | | | Add Change in Value of Vested Equity Granted in Prior Years (d) | | | Add Change in Value of Dividends Accrued (e) | | | Total Value of Equity for CAP (f) = (b) + (c) + (d) + (e) | | |
| PEO | | ||||||||||||||||||
| 2022 | | | $4,404,255 | | | $3,879,453 | | | $991,183 | | | ($568,661) | | | $173,443 | | | $4,475,418 | |
| 2021 | | | $3,744,805 | | | $4,678,511 | | | $3,032,155 | | | $307,725 | | | $232,002 | | | $8,250,393 | |
| 2020 | | | $2,900,009 | | | $2,661,424 | | | ($1,323,076) | | | ($189,815) | | | $312,782 | | | $1,461,315 | |
| Average Non-PEO NEO | | ||||||||||||||||||
| 2022 | | | $776,820 | | | $684,450 | | | $148,922 | | | ($119,239) | | | $31,559 | | | $745,693 | |
| 2021 | | | $756,014 | | | $949,705 | | | $731,558 | | | $94,194 | | | $53,600 | | | $1,829,056 | |
| 2020 | | | $656,264 | | | $602,272 | | | ($350,870) | | | ($46,019) | | | $96,832 | | | $302,216 | |
| | | | | | Subtract Stock Award Value as reported in SCT for Covered Year | | | | Add Covered Year-End Value of Awards Granted in Covered Year and Outstanding and Unvested as of Covered Year-End | | | | Change in Value as of Covered Year-End (as Compared to Prior Year- End) of Equity Awards Granted Prior to Covered Year and Outstanding and Unvested as of Covered Year-End | | | | Change in Value as of Vesting Date (as Compared to Prior Year- End) of Equity Awards Granted Prior to Covered Year that Vested During Covered Year | | | | Add Change in Value of Dividends Accrued | | | | Subtract Prior Year- End Value of Equity Awards that Failed to Meet Vesting Conditions During Covered Year | | | | Total Value of Equity for CAP | | | |||||||||||||||||||||
| | PEO | | | |||||||||||||||||||||||||||||||||||||||||||||||||
| | 2023 | | | | | $ | (4,703,533) | | | | | | $ | 1,569,705 | | | | | | $ | (1,204,169) | | | | | | $ | 453,389 | | | | | | $ | 79,945 | | | | | | | — | | | | | | $ | 898,869 | | | |
| | 2022 | | | | | $ | (4,404,255) | | | | | | $ | 3,879,453 | | | | | | $ | 991,183 | | | | | | $ | (568,661) | | | | | | $ | 173,443 | | | | | | | — | | | | | | $ | 4,475,418 | | | |
| | 2021 | | | | | $ | (3,744,805) | | | | | | $ | 4,678,511 | | | | | | $ | 3,032,155 | | | | | | $ | 307,725 | | | | | | $ | 232,002 | | | | | | | — | | | | | ��� | $ | 8,250,393 | | | |
| | 2020 | | | | | $ | (2,900,009) | | | | | | $ | 2,661,424 | | | | | | $ | (1,323,076) | | | | | | $ | (189,815) | | | | | | $ | 312,782 | | | | | | | — | | | | | | $ | 1,461,315 | | | |
| | Average Non-PEO NEO | | | |||||||||||||||||||||||||||||||||||||||||||||||||
| | 2023 | | | | | $ | (766,663) | | | | | | $ | 206,114 | | | | | | $ | (91,691) | | | | | | $ | 65,954 | | | | | | $ | 5,779 | | | | | | $ | (273,671) | | | | | | $ | (87,515) | | | |
| | 2022 | | | | | $ | (776,820) | | | | | | $ | 684,450 | | | | | | $ | 148,922 | | | | | | $ | (119,239) | | | | | | $ | 31,559 | | | | | | | — | | | | | | $ | 745,693 | | | |
| | 2021 | | | | | $ | (756,014) | | | | | | $ | 949,705 | | | | | | $ | 731,558 | | | | | | $ | 94,194 | | | | | | $ | 53,600 | | | | | | | — | | | | | | $ | 1,829,056 | | | |
| | 2020 | | | | | $ | (656,264) | | | | | | $ | 602,272 | | | | | | $ | (350,870) | | | | | | $ | (46,019) | | | | | | $ | 96,832 | | | | | | | — | | | | | | $ | 302,216 | | | |
| JYOTI CHOPRA | | |||
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Age: Director since: 2021 Committees: Compensation Corporate Governance | | | Experience Since 2019, Ms. Chopra has served as Senior Vice President and Chief People, Inclusion, and Sustainability Officer for MGM Resorts International, an entertainment and hospitality company that owns and operates integrated resorts across the United States and in Macau. She previously served as Senior Vice President and Global Leader for Diversity and Inclusion, HR Transformation, and Operations at Pearson Plc, a British multinational publishing and education company, from 2018 to 2019 and as Managing Director and Global Head of Diversity and Inclusion at BNY Mellon, a global investments company, from 2012 to 2018. Ms. Chopra holds a Qualifications With reference to Ms. | |
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Age: Director Committees: Corporate Governance | | | Experience Ms. DePrey engages in philanthropic work and serves on the board of a variety of non-profit organizations. She holds a bachelor’s degree from the College of St. Catherine. Ms. DePrey is the sister of director Kathleen M. Zimmermann. Qualifications We believe that preserving the Schneider family’s unity and commitment to the enterprise is a unique and powerful source of organizational resilience and, with reference to Ms. DePrey’s skills that are reflected in the Skills Matrix appearing on page 17, that Ms. DePrey is qualified to serve on our Board due to her understanding of the history of the enterprise, ability to integrate the family’s values into strategic conversations, communication skills to explain critical board decisions to the Schneider family, in addition to her business and leadership experience. | |
| JAMES R. GIERTZ | | |||
| Age: 67 Director since: 2017 Committees: Audit, Chair Corporate Governance | | | Experience Mr. Giertz served as Chief Financial Officer of H.B. Fuller Company, a formulator, manufacturer, and marketer of adhesives, sealants, and other specialty chemical products, from 2008 until May 2016, after which he became Executive Vice President with responsibility for H.B. Fuller Company’s strategy deployment efforts until his retirement in February 2017. He has served as a member of the Board of Directors of Hill-Rom Holdings, Inc., a medical technology company, from 2009 until 2021 and was most recently a member of that company’s audit committee. Mr. Giertz holds a Qualifications With reference to Mr. Giertz’s skills that are reflected in the Skills Matrix appearing on page | |
| ROBERT W. GRUBBS | | |||
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Age: Director since: 2012 Committees: Compensation, Chair Corporate Governance | | | Experience Since 2020, Mr. Grubbs has served on the Board of Directors of Equity Distribution Acquisition Corp. From 2013 to 2019, Mr. Grubbs served as the Non-Executive Chairman of Ohio Transmission Corp., a distributor of motion control and related products and services. From 1998 to 2008, Mr. Grubbs served as the President and Chief Executive Officer of Anixter International Inc., a Chicago-based distributor of network and security solutions, electrical and electronic solutions, and utility power solutions. From 1994 to 2008, Mr. Grubbs was also the President and Chief Executive Officer of Anixter Inc., a subsidiary of Anixter International Inc. Mr. Grubbs holds a Qualifications With reference to Mr. Grubb’s skills that are reflected in the Skills Matrix appearing on page | |
| ROBERT M. KNIGHT, JR. | | |||
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Age: Director since: 2020 Committees: Compensation Corporate Governance | | | Experience Mr. Knight is the former Chief Financial Officer of Union Pacific Corporation, a position he held for 15 years before retiring in December 2019. During Mr. Knight’s 40-year tenure at Union Pacific Corporation, he also held a variety of senior executive positions, including General Manager of the company’s energy and automotive business units. In Qualifications With reference to Mr. Knight’s skills that are reflected in the Skills Matrix appearing on page |
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| MARK B. ROURKE | | |||
| Age: Director | | | Experience |
Mr. Rourke is currently Schneider’s Chief Executive Officer and Qualifications With reference to Mr. Rourke’s skills that are reflected in the Skills Matrix appearing on page | |
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Age: Director Committees: | | | Experience Ms. Qualifications | |
| JOHN A. SWAINSON | | |||
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Age: Director since: 2019 Committees: Audit Corporate Governance, Chair | | | Experience Mr. Swainson is currently Executive Chairman of Equiniti, Inc., a leading provider of share registry and pension administration services in the UK and US. He is also the Executive Chairman of Travelport Inc, a B2B marketplace for the travel industry. Both companies are owned by Siris Capital, a New York-based private equity firm, where he is an Executive Partner. Mr. Swainson also sits on the board of the Electric Reliability Council of Texas, as well as the advisory board of Midis Group. Previously, Mr. Swainson was President of the Dell Software group from 2012-2016 and served as a Senior Advisor to Silver Lake, a large technology focused private equity firm. He was formerly on the boards of Broadcom, Inc.; Cadence Design Systems, Inc.; Assurant, Inc.; SecureKey, Inc., VISA, Inc. and Serena Software, Qualifications With reference to Mr. Swainson’s skills that are reflected in the Skills Matrix appearing on page | |
| JAMES L. WELCH | | |||
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Age: Director since: 2018 Chairman since: 2023 | | | Experience Mr. Welch served as Chief Executive Officer of Yellow Corporation (formerly YRC Worldwide), a $5 billion transportation company Qualifications With reference to Mr. Welch’s skills that are reflected in the Skills Matrix appearing on page | |
| KATHLEEN ZIMMERMANN | | |||
| Age: 56 Director since: 2017-2020; 2022 Committees: Corporate Governance | | | Experience Ms. Zimmermann is currently a real estate investor and holds her real estate license. She received her bachelor’s degree in marketing from Marquette University. Ms. Zimmermann has held a variety of sales leadership roles throughout her career, including with Schneider Communications, Frontier Communications, and Global Crossing. Ms. Zimmermann is the sister of director Mary P. DePrey. Qualifications We believe that preserving the Schneider family’s unity and commitment to the enterprise is a unique and powerful source of organizational resilience and, with reference to Ms. Zimmermann’s skills that are reflected in the Skills Matrix appearing on page 17, that Ms. Zimmermann is qualified to serve on our Board due to her understanding of the history of the enterprise, ability to integrate the family’s values into strategic conversations, her communication skills to explain critical board decisions to the Schneider family, in addition to her business and leadership experience. Ms. Zimmermann is the sister of Director nominee Mary DePrey. | |
| Fee Category | | 2022 Fees | | 2021 Fees | | Fee Category | | 2023 Fees | | 2022 Fees | | ||||||||||
| Audit Fees | | $2,281,146 | | $2,108,805 | | Audit Fees | | | $ | 2,746,823 | | | | $ | 2,281,146 | | | ||||
| Audit-Related Fees | | | 25,685 | | 5,685 | | Audit-Related Fees | | | | 5,685 | | | | | 25,685 | | | |||
| Tax Fees | | 47,262 | | 60,440 | | Tax Fees | | | | 56,414 | | | | | 47,262 | | | ||||
| All Other Fees | | | — | | — | | All Other Fees | | | | — | | | | | — | | | |||
| Total Fees | | $2,354,093 | | $2,174,930 | | Total Fees | | | $ | 2,808,922 | | | | $ | 2,354,093 | | |
| | Class A Common Stock(1) | | Class B Common Stock(2) | | | | Class A Common Stock(1) | | Class B Common Stock(2) | | |||||||||||||||||
| Name of Beneficial Owner | | Number of Shares and Nature of Beneficial Ownership(3) | | % of Class | | Number of Shares and Nature of Beneficial Ownership(3) | | % of Class | | Name of Beneficial Owner | | Number of Shares and Nature of Beneficial Ownership(3) | | % of Class | | Number of Shares and Nature of Beneficial Ownership(3) | | % of Class | | ||||||||
| Holders of More Than 5%: | | | | | | Holders of More Than 5%: | | | | | | | | | | ||||||||||||
| Joan D. Klimpel(4) | | 83,029,500 | | 100.0% | | 30,600,077 | | 31.99% | | Joan D. Klimpel(4) | | 83,029,500 | | 100.0% | | 29,532,467 | | 31.65% | | ||||||||
| Thomas A. Gannon(5) | | — | | — | | 6,960,890 | | 7.28% | | Thomas A. Gannon(5) | | — | | — | | 5,866,056 | | 6.29% | | ||||||||
| Thomas J. Schneider(6) | | 16,605,900 | | 20.0% | | 4,630,370 | | 4.84% | | Thomas J. Schneider(6) | | 16,605,900 | | 20.0% | | 4,630,370 | | 4.96% | | ||||||||
| Schneider National, Inc. Voting Trust(7) | | 83,029,500 | | 100.0% | | — | | — | | Schneider National, Inc. Voting Trust(7) | | 83,029,500 | | 100.0% | | — | | — | | ||||||||
| Kathleen Zimmerman | | 16,605,900 | | 20.0% | | 2,887,467 | | 3.02% | | Paul J. Schneider(8) | | 16,605,900 | | 20.0% | | 1,812,719 | | 1.94% | | ||||||||
| Mary P. DePrey(9) | | 16,605,900 | | 20.0% | | 2,398,451 | | 2.51% | | Mary P. DePrey(9) | | 16,605,900 | | 20.0% | | 2,369,991 | | 2.54% | | ||||||||
| Directors and Nominees (Non-Officers): | | | | | | Directors and Nominees (Non-Officers): | | | | | | | | | | ||||||||||||
| Jyoti Chopra | | — | | — | | 7,863 | | * | | Jyoti Chopra(10) | | — | | — | | 14,482 | | * | | ||||||||
| James R. Giertz(11) | | — | | — | | 33,407 | | * | | James R. Giertz(10) | | — | | — | | 40,081 | | * | | ||||||||
| Adam P. Godfrey(11) | | — | | — | | 661,783 | | * | | Robert W. Grubbs(10) | | — | | — | | 311,001 | | * | | ||||||||
| Robert W. Grubbs(11) | | — | | — | | 304,382 | | * | | Robert M. Knight, Jr.(10) | | — | | — | | 19,286 | | * | | ||||||||
| Therese A. Koller(11) | | 16,605,900 | | 20.0% | | 4,923,552 | | 5.28% | | ||||||||||||||||||
| Julie Streich | | — | | — | | — | | * | | ||||||||||||||||||
| John A. Swainson(10) | | — | | — | | 25,242 | | * | | ||||||||||||||||||
| James L. Welch | | — | | — | | 34,186 | | * | | ||||||||||||||||||
| Kathleen Zimmerman(12) | | 16,605,900 | | 20.0% | | 2,933,957 | | 3.14% | |
| | | Class A Common Stock(1) | | | Class B Common Stock(2) | | |||||||
| Name of Beneficial Owner | | | Number of Shares and Nature of Beneficial Ownership(3) | | | % of Class | | | Number of Shares and Nature of Beneficial Ownership(3) | | | % of Class | |
| Robert M. Knight, Jr. | | | — | | | — | | | 12,667 | | | * | |
| Therese A. Koller(12) | | | 16,605,900 | | | 20.0% | | | 3,678,583 | | | 3.85% | |
| Paul Schneider | | | 16,605,900 | | | 20.0% | | | 1,810,300 | | | 1.89% | |
| John A. Swainson(11) | | | — | | | — | | | 18,623 | | | * | |
| James L. Welch(11) | | | — | | | — | | | 24,095 | | | * | |
| Named Executive Officers: | | | | | | | | | | ||||
| Mark B. Rourke | | | — | | | — | | | 1,239,140 | | | * | |
| Stephen Bruffett | | | — | | | — | | | 253,376 | | | * | |
| Robert Reich | | | — | | | — | | | 147,595 | | | * | |
| Shaleen Devgun | | | — | | | — | | | 205,552 | | | * | |
| Thomas G. Jackson | | | — | | | — | | | 88,608 | | | * | |
| All Directors, Nominees and Executive Officers as a Group | | | 49,817,700 | | | 60.0% | | | 8,574,974 | | | |
* Less than 1%. (1) Each share of the Company’s Class A Common stock is entitled to 10 votes per share. The Schneider National, Inc. Voting Trust is the record holder of all shares of Class A common stock. (2) Each share of the Company’s Class B common stock is entitled to 1 vote per share. (3) Except as indicated below, all persons have represented to us that they exercise sole voting power and sole investment power with respect to their shares. For our named executive officers, the Class B common stock amounts include the following vested and unexercised stock options and those stock options subject to vesting within 60 days of February 20, 2024: For Mr. Rourke, 463,575 stock options; for Mr. Devgun, 78,202 stock options; for Mr. Filter, 11,830 stock options; for Mr. Reich, 44,011 stock options; for Mr. Bruffett, 124,609 stock options; and for our directors, nominees and executive officers as a group, 789,850 stock options. (4) Consists of (i) 83,029,500 Class A shares held in trust for the benefit of members of the Schneider family for which Ms. Klimpel serves as co-trustee, over which Ms. Klimpel has shared voting and dispositive power, subject to the terms of the Voting Trust, (ii) 13,907,084 Class B shares held in trust for which Ms. Klimpel serves as co-trustee, over which Ms. Klimpel has shared voting and dispositive power, and (iii) 15,625,383 Class B shares held in trust for which Ms. Klimpel serves as sole trustee, over which she has sole voting and dispositive power. The Class A shares are represented by trust certificates issued by the Voting Trust. Ms. Klimpel’s address is c/o Godfrey and Kahn, 833 East Michigan St., Suite 1800, Milwaukee, WI 53202. (5) Consists of (i) 5,695,390 Class B shares held by trusts for which Mr. Gannon serves as co-trustee, over which he has shared voting and dispositive power and (ii) 170,666 Class B shares held directly by Mr. Gannon and his spouse, over which he and his spouse have sole voting and dispositive power. (6) Consists of (i) 16,605,900 Class A shares held in trusts for the benefit of Mr. Schneider and his descendants for which Mr. Schneider serves as co-trustee with Ms. Klimpel, over which Mr. Schneider has shared voting and dispositive power, subject to the terms of the Voting Trust, (ii) 1,449,320 Class B shares held in trusts for the benefit of Mr. Schneider and his descendants for which Mr. Schneider serves as co-trustee with Ms. Klimpel, over which Mr. Schneider has shared voting and dispositive power, and (iii) 3,181,050 Class B shares held directly by Mr. Schneider, over which Mr. Schneider has sole voting and dispositive power. Mr. Schneider’s interest in the Class A shares is represented by trust certificates issued by the Voting Trust. (7) Consists of Class A shares over which the members of the Corporate Governance Committee, who serve as the trustees of the Voting Trust, have shared voting power with the trustees of the trusts which have deposited such shares into the Voting Trust, subject to the terms of the Voting Trust. (8) Consists of (i) 16,605,900 Class A shares held in trusts for the benefit of Mr. Schneider and his descendants for which Mr. Schneider serves as co-trustee with Ms. Klimpel, over which Mr. Schneider has shared voting and dispositive power, subject to the terms of the Voting Trust, (ii) 1,286,120 Class B shares held in trusts for the benefit of Mr. Schneider and his descendants for which Mr. Schneider serves as co-trustee with Ms. Klimpel, over which Mr. Schneider has shared voting and dispositive power, and (iii) 526,599 Class B shares held directly by Mr. Schneider, over which Mr. Schneider has sole voting and dispositive power. Mr. Schneider’s interest in the Class A shares is represented by trust certificates issued by the Voting Trust (9) Consists of (i) 16,605,900 Class A shares held in trusts for the benefit of Ms. DePrey and her descendants for which Ms. DePrey serves as co-trustee with Ms. Klimpel, over which Ms. DePrey has shared voting and dispositive power, subject to the terms of the Voting Trust, (ii) 807,100 Class B shares held in trusts for the benefit of Ms. DePrey and her descendants for which Ms. DePrey serves as co-trustee with Ms. Klimpel, over |