Name and Address of Beneficial Owners
|
| |
Amount of Shares
Owned and Nature of Beneficial Ownership (1) |
| |
Percent of
Shares of Common Stock Outstanding |
| ||||||
Five Percent Stockholders | | | | | | | | | | | | | |
Endicott Opportunity Partners IV
570 Lexington Avenue 37 th Floor New York, New York 10022 |
| | | | 641,650 (2)(9) | | | | | | 7.7 % | | |
EJF Capital LLC
2107 Wilson Boulevard Suite 410 Arlington, Virginia 22201 |
| | | | 420,000 (3) | | | | | | 5.0 % | | |
Directors and Nominees | | | | | | | | | | | | | |
Mark R. DeFazio
|
| | | | 385,342 (4) | | | | | | 4.6 % | | |
David M. Gavrin
|
| | | | 58,555 | | | | | | * | | |
Dale C. Fredston
|
| | | | 6,168 | | | | | | * | | |
David J. Gold
|
| | | | 17,231 | | | | | | * | | |
Harvey M. Gutman
|
| | | | 11,691 | | | | | | * | | |
Terence J. Mitchell
|
| | | | 8,607 | | | | | | * | | |
Robert C. Patent
|
| | | | 160,212 (5) | | | | | | 1.9 % | | |
Maria F. Ramirez
|
| | | | 22,557 (6) | | | | | | * | | |
William Reinhardt
|
| | | | 9,822 | | | | | | * | | |
Robert Usdan
|
| | | | 647,357 (7)(9) | | | | | | 7.8 % | | |
George J. Wolf, Jr.
|
| | | | 18,165 | | | | | | * | | |
Named Executive Officers | | | | | | | | | | | | | |
Nick Rosenberg
|
| | | | 20,559 (8) | | | | | | * | | |
Scott Lublin
|
| | | | — | | | | | | * | | |
All directors and named executive officers as a group
(13 persons) |
| | | | 1,366,266 | | | | | | 16.4 % | | |
Name
|
| |
Position(s) Held With Metropolitan Bank Holding Corp.
|
| |
Age
(1)
|
| |
Current
Term Expires |
|
| | |
NOMINEES
|
| | | | | | |
Dale C. Fredston | | | Director | | |
66
|
| |
2019
|
|
David M. Gavrin | | | Director | | |
84
|
| |
2019
|
|
David J. Gold | | | Director | | |
44
|
| |
2019
|
|
Terence J. Mitchell | | | Director | | |
66
|
| |
2019
|
|
| | |
CONTINUING DIRECTORS
|
| | | | | | |
Robert C. Patent | | | Director | | |
68
|
| |
2020
|
|
Maria F. Ramirez | | | Director | | |
70
|
| |
2020
|
|
William Reinhardt | | | Chairman of the Board | | |
72
|
| |
2020
|
|
Mark R. DeFazio | | | President, Chief Executive Officer and Director | | |
55
|
| |
2021
|
|
Harvey M. Gutman
|
| | Director | | |
72
|
| |
2021
|
|
Robert Usdan | | | Director | | |
52
|
| |
2021
|
|
George J. Wolf, Jr. | | | Director | | |
66
|
| |
2021
|
|
| | |
EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS
|
| | | | | | |
Anthony J. Fabiano | | | Executive Vice President and Chief Financial Officer | | |
58
|
| |
N/A
|
|
Michael A. Guarino
|
| | Executive Vice President and Legal Counsel | | |
65
|
| |
N/A
|
|
Gerard A. Perri | | | Executive Vice President and Chief Operating Officer | | |
63
|
| |
N/A
|
|
Scott Lublin | | | Executive Vice President and Chief Lending Officer | | |
52
|
| |
N/A
|
|
Karen Rojeski | | | Executive Vice President and Chief Credit Risk Officer | | |
64
|
| |
N/A
|
|
Nick Rosenberg | | | Executive Vice President and Head of Global Payments | | |
47
|
| |
N/A
|
|
Director
|
| |
Audit
Committee |
| |
Compensation
Committee |
| |
Corporate
Governance and Nominating Committee |
| |||||||||
Dale C. Fredston
|
| | | | X | | | | | | | | | | | | X * | | |
David M. Gavrin
|
| | | | | | | | | | X * | | | | | | X | | |
David J. Gold
|
| | | | X | | | | | | | | | | | | | | |
Mark H. Goldberg**
|
| | | | | | | | | | | | | | | | | | |
Harvey M. Gutman
|
| | | | | | | | | | | | | | | | | | |
Terence J. Mitchell
|
| | | | | | | | | | | | | | | | | | |
Robert C. Patent
|
| | | | | | | | | | X | | | | | | X | | |
Maria F. Ramirez
|
| | | | X | | | | | | X | | | | | | X | | |
William Reinhardt
|
| | | | X * | | | | | | X | | | | | | X | | |
Robert Usdan
|
| | | | X | | | | | | | | | | | | | | |
George J. Wolf, Jr.
|
| | | | | | | | | | X | | | | | | | | |
Number of Meetings in 2018
|
| | | | 9 | | | | | | 6 | | | | | | 5 | | |
|
William Reinhardt (Chair)
Dale C. Fredston Maria Fiorini Ramirez David J. Gold Robert Usdan |
|
Name and principal position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Stock
Awards ($) (1) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
Nonqualified
Deferred Compensation Earnings ($) |
| |
All Other
compensation ($) (2) |
| |
Total
($) |
| ||||||||||||||||||||||||
Mark R. DeFazio
President and CEO |
| | | | 2018 | | | | | | 700,000 | | | | | | 650,000 | | | | | | 2,729,400 | | | | | | — | | | | | | — | | | | | | 24,530 | | | | | | 4,103,930 | | |
| | | 2017 | | | | | | 700,000 | | | | | | 800,000 | | | | | | 150,003 | | | | | | — | | | | | | — | | | | | | 24,530 | | | | | | 1,674,533 | | | ||
Nick Rosenberg
EVP and Head of Global Payments |
| | | | 2018 | | | | | | 346,000 | | | | | | 193,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,447 | | | | | | 547,447 | | |
| | | 2017 | | | | | | 278,099 | | | | | | 150,000 | | | | | | 63,000 | | | | | | — | | | | | | — | | | | | | 8,273 | | | | | | 499,372 | | | ||
Scott Lublin
EVP and Chief Lending Officer (3) |
| | | | 2018 | | | | | | 270,952 | | | | | | 250,000 | | | | | | 1,395,900 | | | | | | — | | | | | | — | | | | | | 3,972 | | | | | | 1,920,824 | | |
Name
|
| |
Year
|
| |
Time Restricted
Stock Awards |
| |
Performance
Stock Awards |
| |||||||||
Mark R. DeFazio
|
| | | | 2018 | | | | | | — | | | | | | 60,000 | | |
| | | 2017 | | | | | | 7,143 | | | | | | — | | | ||
Nick Rosenberg
|
| | | | 2018 | | | | | | — | | | | | | — | | |
| | | 2017 | | | | | | 3,000 | | | | | | — | | | ||
Scott Lublin | | | | | 2018 | | | | | | — | | | | | | 30,000 | | |
All Other Compensation
|
| ||||||||||||||||||||||||
Name
|
| |
Life insurance
premiums ($) |
| |
Transportation
($) |
| |
401(k) Plan
Employer Contribution ($) |
| |
Total
($) |
| ||||||||||||
Mark R. DeFazio
|
| | | | 702 | | | | | | 15,780 | | | | | | 8,048 | | | | | | 24,530 | | |
Nick Rosenberg
|
| | | | 702 | | | | | | 780 | | | | | | 6,965 | | | | | | 8,447 | | |
Scott Lublin
|
| | | | 351 | | | | | | 390 | | | | | | 3,231 | | | | | | 3,972 | | |
Name and principal position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Value
Realized on Stock Awards Vesting ($) |
| |
Value
Realized on Stock Option Exercise ($) (1) |
| |
Transportation
($) |
| |
Total
($) |
| |
% of
Reported (2) |
| ||||||||||||||||||||||||
Mark R. DeFazio
President and CEO |
| | | | 2018 | | | | | | 700,000 | | | | | | 650,000 | | | | | | 100,839 | | | | | | 39,200 | | | | | | 15,780 | | | | | | 1,505,819 | | | | | | 36.69 % | | |
| | | 2017 | | | | | | 700,000 | | | | | | 800,000 | | | | | | 42,100 | | | | | | — | | | | | | 15,780 | | | | | | 1,557,880 | | | | | | 93.03 % | | | ||
Nick Rosenberg
EVP and Head of Global Payments |
| | | | 2018 | | | | | | 346,000 | | | | | | 193,000 | | | | | | 72,800 | | | | | | 47,220 | | | | | | 780 | | | | | | 659,800 | | | | | | 120.52 % | | |
| | | 2017 | | | | | | 278,099 | | | | | | 150,000 | | | | | | 42,100 | | | | | | 43,184 | | | | | | 780 | | | | | | 514,163 | | | | | | 102.96 % | | | ||
Scott Lublin
EVP and Chief Lending Officer |
| | | | 2018 | | | | | | 270,952 | | | | | | 250,000 | | | | | | — | | | | | | — | | | | | | 390 | | | | | | 521,342 | | | | | | 27.14 % | | |
| | |
Option Awards
(1)
|
| |
Stock Awards
(1)
|
| ||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
securities underlying unexercised options exercisable |
| |
Number of
securities underlying unexercised options unexercisable |
| |
Option
exercise price ($) |
| |
Option
expiration date |
| |
Number of
shares or units of stock that have not vested |
| |
Fair value of
shares or units of stock that have not vested (6) ($) |
| |
Equity Incentive
Plan Awards: Number of unearned shares, units or other rights that have not vested |
| |
Equity Incentive
Plan Awards: Market or payout value of unearned shares, units or other rights that have not vested (6) ($) |
| ||||||||||||||||||||||||
Mark R. DeFazio
|
| | | | 57,000 | | | | | | — | | | | | | 18.00 | | | | | | 10/22/2023 | | | | | | 1,666 (5) | | | | | | 51,396 | | | | | | 60,000 | | | | | | 1,851,000 | | |
| | | 74,000 | | | | | | — | | | | | | 18.00 | | | | | | 12/02/2023 | | | | | | 7,143 (4) | | | | | | 220,362 | | | | | | — | | | | | | — | | | ||
| | | 30,000 | | | | | | — | | | | | | 18.00 | | | | | | 03/18/2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
| | | 70,000 | | | | | | — | | | | | | 18.00 | | | | | | 06/01/2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
Nick Rosenberg
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,000 (2) | | | | | | 61,700 | | | | | | — | | | | | | — | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | 3,000 (4) | | | | | | 92,550 | | | | | | — | | | | | | — | | | ||
| | | | | | | | | | | | | | | | | | | | | | | | | | | 3,000 (3) | | | | | | 92,550 | | | | | | — | | | | | | — | | | ||
Scott Lublin | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 30,000 | | | | | | 925,500 | | |
Name
(1)
|
| |
Fees earned
or paid in cash ($) |
| |
Stock Awards
($) (4) |
| |
Total
($) |
| |||||||||
Dale C. Fredston
|
| | | | 58,500 | | | | | | 40,025 | | | | | | 98,525 | | |
David M. Gavrin
|
| | | | 75,333 | | | | | | 40,025 | | | | | | 115,358 | | |
David J. Gold
(2)
|
| | | | 86,000 | | | | | | 40,025 | | | | | | 126,025 | | |
Mark H. Goldberg
(3)
|
| | | | 18,500 | | | | | | 40,025 | | | | | | 58,525 | | |
Harvey M. Gutman
|
| | | | 49,000 | | | | | | 40,025 | | | | | | 89,025 | | |
Terence J. Mitchell
|
| | | | 15,500 | | | | | | 40,025 | | | | | | 55,525 | | |
Robert C. Patent
(2)
|
| | | | 108,500 | | | | | | 40,025 | | | | | | 148,525 | | |
William Reinhardt
(2)
|
| | | | 225,167 | | | | | | 40,025 | | | | | | 265,192 | | |
Maria F. Ramirez
|
| | | | 55,500 | | | | | | 40,025 | | | | | | 95,525 | | |
Robert Usdan
|
| | | | 13,500 | | | | | | 40,025 | | | | | | 53,525 | | |
George J. Wolf, Jr.
|
| | | | 31,500 | | | | | | 40,025 | | | | | | 71,525 | | |
Chair
|
| |
Retainer
|
| |||
Board Chair
|
| | | $ | 50,000 | | |
Compensation Committee Chair
|
| | | | 15,000 | | |
Audit Committee Chair
|
| | | | 50,000 | | |
ORM Committee Chair
|
| | | | 25,000 | | |
Governance Committee Chair
|
| | | | 15,000 | | |
ARG Committee Chair
|
| | | | 5,000 | | |
Loan Committee Chair
|
| | | | 10,000 | | |
Committee Meeting
|
| |
Fee
|
| |||
Audit Committee
|
| | | $ | 2,500 | | |
Compensation Committee
|
| | | | 2,000 | | |
Governance Committee
|
| | | | 2,000 | | |
ARG Committee
|
| | | | 2,000 | | |
Loan Committee
|
| | | | 2,000 | | |
ORM Committee
|
| | | | 2,000 | | |
ALCO Committee
|
| | | | 2,000 | | |
Plan Category
|
| |
Number of
securities to be issued upon exercise of outstanding options, warrants and rights |
| |
Weighted-average
exercise price of outstanding options, warrants and rights |
| |
Number of
securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) |
| |||||||||
Equity compensation plans approved by security
holders |
| | | | 380,957 | | | | | $ | 19.97 | | | | | | 735,142 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 380,957 | | | | | $ | 19.97 | | | | | | 735,142 | | |
|
| | |
Year Ended
December 31, 2018 |
| |
Year Ended
December 31, 2017 |
| ||||||
Audit Fees
|
| | | $ | 387,131 | | | | | $ | 341,612 | | |
Audit-Related Fees
|
| | | | — | | | | | | 252,500 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | — | | | | | | — | | |