DANIEL C. CROTEAU - Corporate Board Profile

UFP TECHNOLOGIES INC

Filing Date	Source Excerpt
2016-04-29	Daniel C. Croteau 50 Director 2015 2017, Class III Compensation Committee: X Nominating Committee: X Mr. Croteau's appointment to the Board, and the Compensation Committee and Nominating Committee thereof, was effective as of December 16, 2015. For the fiscal year ended December 31, 2015, non-employee directors received: (i) an annual retainer of $60,000, with a $25,000 cash component and a $35,000 equity component, payable 50% in the form of an unrestricted stock grant and 50% in the form of options, (ii) an annual committee retainer of $5,000 in cash, and an additional $2,500 if the non-employee director served as committee chairman, (iii) reimbursement of expenses for each meeting physically attended. Director Compensation Table shows Mr. Croteau's total compensation as $17,500.
2017-04-28	Daniel C. Croteau 51 Director 2015 2020, Class III X X
2018-04-25	Daniel C. Croteau 52 Director 2015 2020, Class III Audit Committee Compensation Committee For the fiscal year ended December 31, 2017, non-employee directors received: (i) an annual retainer of $60,000, with a $25,000 cash component and a $35,000 equity component, payable 50% in the form of an unrestricted stock grant and 50% in the form of options, (ii) an annual committee retainer of $5,000 in cash, and an additional $2,500 if the non-employee director served as committee chairman, (iii) reimbursement of expenses for each meeting physically attended, and (iv) an annual lead independent director retainer of $7,500 for the individual serving in that position. Mr. Kozin currently serves as the Lead Independent Director, a position he has held since January 2015. Name Fees Earned or Paid in Cash ($) Stock Awards ($)(1) Option Awards ($)(2)(3) Total ($) Daniel C. Croteau 30,000 17,500 17,500 65,000
2019-04-26	Daniel C. Croteau 53 Director 2015 2020, Class III Audit Committee Compensation Committee 30,000 17,500 17,500 65,000
2020-04-28	Daniel C. Croteau 54 Director 2015 2021 or 2023, Class III Audit Committee X Compensation Committee X Mr. Croteau has served as a director of the Company since December 2015. The Board of Directors has a Compensation Committee, which met on six occasions in 2019, and is currently composed of Messrs. Kozin and Croteau and Ms. Quinn, each of whom is an independent director under applicable Nasdaq standards. Ms. Quinn serves as the Chair. The Board of Directors has an Audit Committee, which met on seven occasions in 2019, and is currently composed of Messrs. Pierce and Oberdorf and Ms. Feldmann, each of whom meets the enhanced independence standards for audit committee members set forth in applicable SEC rules and Nasdaq listing standards. Ms. Feldmann serves as Chair. Director Compensation—2019 Beginning in June 2019, for the fiscal year ended December 31, 2019, non-employee directors received: (i) an annual retainer of $115,000, with a $45,000 cash component and a $70,000 equity component, payable 50% in the form of restricted stock unit awards (RSU’s) that vest on May 31 of the following year and 50% in the form of stock options that become exercisable on May 31 of the following year, (ii) an annual audit committee retainer of $9,000 in cash, with an additional $11,000 for the non-employee director serving as audit committee chair, (iii) an annual compensation committee retainer of $6,000 in cash, with an additional $9,000 for the non-employee director serving as compensation committee chair, (iv) reimbursement of expenses for each meeting physically attended, and (v) an annual lead independent director retainer of $15,000 for the individual serving in that position.
2021-05-05	Daniel C. Croteau 55 Director 2015 2022 Audit Committee Compensation Committee
2022-04-29	None
2023-04-25	Daniel C. Croteau† 57 Director 2015 2024 Audit Committee Compensation Committee (Chair) Director compensation table shows total compensation as $176,000.
2024-04-26	Daniel C. Croteau† 58 Director 2015 2025 X X (Chair)