RPM 2020 Proxy Statement

EXECUTIVE COMPENSATION (CONTINUED) Estimated Payments on Termination or Change in Control Event Frank C. Sullivan Russell L. Gordon Edward W. Moore Janeen B. Kastner Michael H.Sullivan Retirement Accelerated SARs $ 7,996,775 $ 0 $1,056,800 $ 0 $ 0 Accelerated PERS 1,495,600 0 373,900 0 0 Accelerated SERP restricted stock 0 0 0 0 0 Total $ 9,492,375 $ 0 $1,430,700 $ 0 $ 0 Death Earned incentive compensation $ 1,075,000 $ 481,667 $ 376,667 $ 293,333 $ 335,000 Accelerated SARs 7,996,775 1,056,800 1,056,800 1,056,800 0 Accelerated PERS 1,495,600 373,900 373,900 373,900 0 Accelerated SERP restricted stock 804,408 3,028,366 480,835 1,754,189 0 Total $11,371,783 $4,940,733 $2,288,202 $3,478,222 $ 335,000 Disability Earned incentive compensation $ 1,075,000 $ 481,667 $ 376,667 $ 293,333 $ 335,000 Accelerated SARs 7,996,775 1,056,800 1,056,800 1,056,800 0 Accelerated PERS 1,495,600 373,900 373,900 373,900 0 Accelerated SERP restricted stock 804,408 3,028,366 480,835 1,754,189 0 Total $11,371,783 $4,940,733 $2,288,202 $3,478,222 $ 335,000 Voluntary Termination and Termination for Cause No payments N/A N/A N/A N/A N/A Total $ 0 $ 0 $ 0 $ 0 $ 0 Involuntary Termination Without Cause and not within Two Years of a Change in Control Lump sum $ 6,210,000 $1,227,167 $1,156,667 $ 848,333 $ 860,000 Health and welfare benefits 75,816 37,908 50,544 34,380 13,086 Estate and financial planning 12,500 12,500 12,500 12,500 12,500 Executive life insurance coverage 500,607 37,442 180,728 27,327 10,380 Cash value of benefits under restricted stock plan 0 369,376 134,454 219,517 0 Accelerated SERP restricted stock 804,408 3,028,366 480,835 1,754,189 0 Total $ 7,603,331 $4,712,759 $2,015,728 $2,896,246 $ 895,966 Involuntary Termination Without Cause or Resignation for Good Reason within Two Years of a Change in Control Lump sum $ 6,210,000 $1,227,167 $1,546,667 $ 848,333 $ 860,000 Health and welfare benefits 75,816 37,908 75,816 34,380 13,086 Estate and financial planning 25,000 12,500 25,000 12,500 12,500 Executive life insurance coverage 860,105 64,329 487,103 46,951 17,367 Cash value of benefits under restricted stock plan 0 369,376 201,682 219,517 0 Accelerated SERP restricted stock 804,408 3,028,366 480,835 1,754,189 0 Accelerated PSU, PERS and SARs 15,474,775 2,627,180 2,627,180 2,627,180 598,240 Outplacement assistance 20,000 20,000 20,000 20,000 20,000 Excise taxes 0 0 0 1,156,906 0 Total $23,470,104 $7,386,826 $5,464,283 $6,719,956 $1,521,193 Change in Control Only Accelerated SERP restricted stock $ 804,408 $3,028,366 $ 480,835 $1,754,189 $ 0 Accelerated PSU, PERS and SARs 15,474,775 2,627,180 2,627,180 2,627,180 0 Excise taxes 0 0 0 0 0 Total $16,279,183 $5,655,546 $3,108,015 $4,381,369 $ 0 46