CHFC 2018 Proxy Statement
to Mr. Ramaker under his release agreement (assuming his compliance with all terms of the release agreement), see “Potential Payments Upon Termination or Change in Control-Actual Retirement Payments Payable to Mr. Ramaker." Outstanding Equity Awards at Fiscal Year-End The following table provides information concerning stock options outstanding, exercisable and unexercisable, PRSUs and TRSUs outstanding that have not vested for each named executive officer as of December 31, 2017: Option Awards Stock Awards Name Award Date Number of Securities Underlying Unexercised Options Exercisable (#) Number of Securities Underlying Unexercised Options Unexercisable (#) Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) Option Exercise Price ($) (1) Option Expiration Date (2) Number of Shares or Units of Stock That Have Not Vested (#) Market Value of Shares or Units of Stock That Have Not Vested ($) (3) Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) (4) Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (3) David T. Provost — — — — $ — — 17,269 (8) $ 923,373 — $ — Dennis L. Klaeser 1/2/2013 76,185 (6) $ 16.24 1/2/2023 17,733 (9) $ 948,184 16,489 (10) $ 881,667 Gary Torgow — — — — $ — — 17,269 (11) $ 923,373 — $ — Thomas C. Shafer 2/21/2017 — 8,881 (7) — $ 53.72 2/22/2027 14,657 (12) $ 783,710 13,091 (13) $ 699,976 8/9/2017 — 5,723 (7) — 46.95 8/10/2027 Robert S. Rathbun 3/25/2010 1,096 — — $ 24.56 3/26/2020 6,027 (14) $ 322,263 10,589 (15) $ 566,194 4/19/2011 1,284 — — 19.97 4/20/2021 2/21/2012 2,900 — — 23.78 2/22/2022 2/22/2013 4,905 — — 25.14 2/23/2023 2/18/2014 4,809 — — 29.45 2/19/2024 2/27/2015 5,684 — — 30.18 2/28/2025 2/16/2016 10,200 — — 32.81 2/17/2026 2/21/2017 6,896 — — 53.72 2/22/2027 David B. Ramaker 3/25/2010 6,829 — — $ 24.56 8/9/2020 20,288 (16) $ 1,084,799 34,949 (17) $ 1,868,723 4/19/2011 9,681 — — 19.97 8/9/2020 2/21/2012 21,093 — — 23.78 8/9/2020 2/22/2013 22,199 — — 25.14 8/9/2020 2/18/2014 17,722 — — 29.45 8/9/2020 2/27/2015 21,857 — — 30.18 8/9/2020 8/9/2017 (5) 22,195 — — 32.81 8/9/2020 8/9/2017 (5) 24,299 — — 53.72 8/9/2020 (1) Represents the closing market price of our common stock on the date of the grant, or with respect to Mr. Ramaker's modified awards, the original grant date. (2) With respect to Mr. Ramaker, all option awards were modified to expire onAugust 9, 2020 in accordance with his release agreement related to his retirement. (3) Computed by multiplying the number of shares reported in the preceding column by the closing price of our common stock as reported on The NASDAQ Stock Market ® at December 31, 2017 of $53.47 per share. (4) Represents PRSUs that are subject to the achievement of pre-established performance targets and the officer’s continued service through the vesting date, which is on the date of the issuance of the audit opinion with respect to our consolidated financial statements that include the year ending on the last day of the performance period. Any PRSUs that vest will be converted to shares of our common stock on a one- for-one basis. PRSUs that do not vest will be forfeited. The number of unearned PRSUs reported assumes the units are earned and vested at 1.5x the number of units granted (representing satisfaction of corporate performance goals at the maximum performance level). (5) This award represents the modification of a previously granted award as modified under his release agreement related to his retirement. (6) Represents stock options that were granted by Talmer that we assumed in the merger. (7) Represents stock options that vest ratably on the anniversary date of the grant date over a period of five years. (8) Represents 17,269 shares of unvested shares of restricted stock granted to Mr. Provost by Talmer that were assumed by us in the merger of which 8,635 will vest on February 22, 2018 and 8,634 will vest on February 22, 2019, based on his continued employment. 48
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