DEF 14A of Espey MFG & Electronics Corp
Filed Oct 25, 2024 · FY20240001174947-24-001169
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING
| Name | Fees Earned or Paid Cash $ | Option Awards (1) $ | Total $ | | Paul J. Corr | $70,000 | $9,269 | $79,269 | | Carl Helmetag | $67,500 | $9,269 | $76,769 | | Nancy K. Patzwahl | $67,500 | $9,269 | $76,769 | | Michael Wool | $75,000 | $9,269 | $84,269 |
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING
| SUMMARY COMPENSATION TABLE | | | | | | | | Name and Principal Position | Year | Salary $ | Bonus $ | Option Awards (1) $ | All Other Compensation (2) $ | Total $ | | David O'Neil | 2024 | $306,025 | $280,000 | $20,150 | $15,789 | $621,964 | | President and Chief | 2023 | $282,668 | $125,000 | $20,550 | $13,570 | $441,788 | | Executive Officer | | | | | | | | Katrina Sparano | 2024 | $190,173 | $45,000 | $20,150 | $13,025 | $268,348 | | Chief Financial Officer and | 2023 | $180,908 | $30,000 | $20,550 | $11,043 | $242,501 | | Treasurer | | | | | | |
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING
| Year | Summary Compensation Table Total for David O’Neil (1) (2) | Compensation Actually Paid to David O’Neil (1) (2) (4) | Compensation Actually Paid to Patrick T. Enright, Jr. (1) (2) (4) | Average Summary Compensation Table Total for Non-PEO NEOs (2) | Average Compensation Actually Paid to Non-PEO NEOs (2) (4) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return (3) | Net Income (in thousands) | | 2024 | $621,964 | $651,079 | N/A | $268,348 | $297,463 | $148 | $5,815 | | 2023 | $441,788 | $456,905 | $69,250 | $211,822 | $222,410 | $114 | $3,677 | | 2022 | $170,667 | $159,936 | $345,223 | $214,417 | $205,536 | $96 | $1,265 |
THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING
| (4) Deductions from, and additions to, total compensation as reported in the Summary Compensation Table by year to calculate compensation actually paid as follows: |