KYLE L. MCLAIN - Corporate Board Profile

RESERVE PETROLEUM CO

Filing Date	Source Excerpt
2006-04-21	Kyle McLain was employed as Production Manager for the Company on May 12, 1984... Cameron R. McLain and Kyle McLain, who had previously been Advisory Directors, were nominated to serve another one year term on the Board.
2007-04-20	Kyle McLain was employed as Production Manager for the Company on May 12, 1984 and continues to serve in that capacity. ... Mr. McLain devotes substantially all of his time to the affairs of the Company, although he spends a part of his time and efforts on the activities of affiliated organizations.
2008-04-18	Kyle McLain was employed as Production Manager for the Company on May 12, 1984 and continues to serve in that capacity. No specific compensation mentioned for director fees.
2009-04-17	Kyle L. McLain was elected Executive Vice President on May 20, 2008. Summary Compensation Table shows total compensation of $147,690 for 2008.
2010-04-16	Kyle L. McLain 55 Executive Vice President/ Production Manager May 12, 1984 ... 2009 Summary Compensation Table ... Kyle McLain Executive Vice President 2009 $120,120 Salary, $10,010 Bonus, $10,808 Other Compensation, Total $140,938
2011-04-15	Kyle L. McLain, Director and Executive Vice President, are sons of Mason McLain. ... 2010 Director Compensation Table ... Each other director 2 ... Mason McLain, Cameron McLain, Kyle McLain, Robert T. McLain, Robert Savage, Jerry Crow, William M. (Bill) Smith and Doug Fuller.
2012-04-19	Kyle L. McLain, Director... 2011 Director Compensation Table... Each other Director $3,500
2016-04-21	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. The Nominating Committee consists of Doug Fuller, Cameron McLain and Bill Smith. Directors were compensated $1,500 per meeting for March, May and November meetings. Mr. McLain is included in "Each Other Director" category compensated $4,500 in 2015.
2017-04-20	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. Mr. McLain also serves as Production Manager and has served in that capacity continuously since his employment on May 12, 1984. Kyle L. McLain is a member of the Executive Committee. The Board has designated a Nominating Committee, which consists of Doug Fuller, Cameron McLain and Bill Smith. Directors were compensated $1,500 per meeting for the March, May and November meetings, totaling $4,500 in 2016.
2018-04-19	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. Member of Executive Committee. Directors were compensated $1,500 per meeting for the March, May and November meetings, totaling $4,500 for 2017.
2019-04-18	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. Mr. McLain also serves as Production Manager and has served in that capacity continuously since his employment on May 12, 1984. He devotes substantially all of his time to the affairs of the Company, although he spends a part of his time and efforts on the activities of affiliated organizations. The Board chose to separate the Chief Executive Officer and Board Chairman positions in May 2009. Effective March 1, 2013, Mr. McLain elected to become a part-time officer and employee. He stepped down as Chairman of the Board at the May 30, 2013 meeting and the Board elected Kyle McLain as the new Chairman. Cameron McLain serves as Chief Executive Officer and Kyle McLain serves as Chairman of the Board. Kyle McLain is a member of the Executive Committee. In the year ended December 31, 2018, Directors were compensated in the amount of $1,500 for attending each of the March, May and November meetings. The following table provides information relating to total compensation amounts paid to Directors during 2018: 2018 Director Compensation Table Name Fees Total Jerry L. Crow, Doug Fuller, Marvin E. Harris, Jr., Cameron R. McLain, Kyle McLain, Robert L. Savage, and James L. Tyler $4,500 $4,500.
2020-04-16	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. Directors were compensated in the amount of $1,500 for attending each of the March, May and November meetings. Directors receive no additional compensation for committee meetings. 2019 Director Compensation Table shows each Director received $4,500.
2021-04-15	Kyle L. McLain has been a Director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. Mr. McLain also serves as Production Manager. ... The Board has designated the Executive Committee, which consists of Jerry L. Crow, Cameron R. McLain and Kyle L. McLain. ... The Board has designated a Nominating Committee, which consists of Doug S. Fuller, Cameron R. McLain and William M. (Bill) Smith. ... 2020 Summary Compensation Table: Kyle L. McLain total compensation $202,224.
2022-04-21	Kyle L. McLain has been a director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. He is a member of the Executive Committee. The following table provides information relating to total compensation amounts paid to directors during 2021: Each Other Director $4,500.
2023-05-09	Kyle L. McLain has been a director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008. ... The Board has designated the Executive Committee, which consists of Cameron R. McLain and Kyle L. McLain, to act on behalf of the board if needed. ... The following table provides information relating to total compensation amounts paid to directors during 2022: Kyle L. McLain $4,500 Board Meeting Fees, no Audit Committee Fees, Total $4,500.
2024-04-18	Kyle L. McLain has been a director since May 23, 2006. He was elected Chairman on May 30, 2013, and Executive Vice President on May 20, 2008.