|
|
|
(State or other jurisdiction
|
(Commission
|
(IRS Employer
|
of incorporation)
|
File Number)
|
Identification No
|
|
|
|
|
|
|
|
|
|
(Address of principal executive offices)
|
|
(Zip Code)
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
|
|
|
|
|
|
Item 5.02
|
Departure Of Directors Or Principal Officers; Election Of Directors; Appointment Of Principal Officers; Compensatory Arrangements Of Certain Officers
|
●
|
Mr. Ewing will continue to serve as an executive officer of the Company until the Separation Date and will be entitled to receive such 2023 cash incentive as he is awarded by the Company’s Compensation Committee pursuant to the terms of the Company’s Executive Incentive Plan;
|
|
●
|
The vesting date of certain equity awards outstanding as of the Separation Date, as specified in the Agreement, will be accelerated;
|
|
●
|
Mr. Ewing’s departure will be treated as a “termination without cause” under the terms of that certain Employment Agreement dated June 1, 2017 between Mr. Ewing, the Company and ConnectOne Bank (the “Employment Agreement”), entitling Mr. Ewing to a severance payment equal to $450,000 and continuation of certain insurance benefits for a period of eighteen (18) months; and
|
|
●
|
Effective as of the Separation Date, the Employment Agreement is terminated (except with respect to certain provisions set forth therein with respect to competition, non-solicitation and confidentiality, which shall survive).
|
Item 8.01
|
Other Events
|
Item 9.01
|
Financial Statements and Exhibits.
|
(d)
|
Exhibits
|
10.1
|
99.1
|
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document)
|
CONNECTONE BANCORP, INC.
(Registrant)
|
|||
Dated: September 29, 2023
|
By:
|
/s/ William S. Burns |
|
|
|
WILLIAM S. BURNS |
|
|
|
Senior Executive Vice President and Chief Financial Officer |
|