Item 5. Other Information
Item 5 - Other Information
(a) Required 8-K Disclosures
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On April 26, 2021, the Compensation Committee of the Company's Board of Directors approved the performance goals and payment ranges for the 2021-2023 performance period (as set forth below) for performance based awards under the Company’s 2021-2023 Long-Term Incentive Plan (the LTIP”). A copy of the LTIP is included herein as Exhibit 10.2.
Measures Weight Threshold Target Stretch/Maximum
Return on Average Assets (KRX Index)* 50% Median 62.5 % Percentile 75 % Percentile
Total Shareholder Return (KRX Index)* 50% Median 62.5 % Percentile 75 % Percentile
Payout Range (% of Target) 100% 50% 100% 150%
*The Index is the KBW Regional Bank Index (KRX)
(b) Changes in Procedures for Director Nominations
None
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Item 6 - Exhibits
10.1
Supplemental Executive Retirement Plan Agreement dated as of January 29, 2020, between EagleBank and Charles D. Levingston, as amended by the Amendment to the Supplemental Executive Retirement Plan Agreement dated as of May 7, 2021, between EagleBank and Charles D. Levingston
10.2
2021-2023 Long-Term Incentive Plan
31.1
Certification of Susan G. Riel
31.2
Certification of Norman R. Pozez
31.3
Certification of Charles D. Levingston
32.1
Certification of Susan G. Riel
32.2
Certification of Norman R. Pozez
32.3
Certification of Charles D. Levingston
101 Interactive data files pursuant to Rule 405 of Regulation S-T:
(i) Consolidated Balance Sheets at March 31, 2021, December 31, 2020
(ii) Consolidated Statement of Income for the three months ended March 31, 2021 and 2020
(iii) Consolidated Statement of Comprehensive Income for the three months ended March 31, 2021 and 2020
(iv) Consolidated Statement of Changes in Shareholders’ Equity for the three months ended March 31, 2021 and 2020
(v) Consolidated Statement of Cash Flows for the three months ended March 31, 2021 and 2020
(vi) Notes to the Consolidated Financial Statements
104 The cover page of this Quarterly Report on Form 10-Q, formatted in Inline XBRL
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
EAGLE BANCORP, INC.
Date: May 10, 2021 By: /s/ Susan G. Riel
Susan G. Riel, President and Chief Executive Officer of the Company
Date: May 10, 2021 By: /s/ Charles D. Levingston
Charles D. Levingston, Executive Vice President and Chief Financial Officer of the Company
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.