SCOTT A. SATTERLEE - Corporate Board Profile

FASTENAL CO

Filing Date	Source Excerpt
2012-02-23	Mr. Scott A. Satterlee has served as senior vice-president of transportation of C.H. Robinson Worldwide Inc. ... Mr. Satterlee has been a director of Fastenal since 2009 and is a member of our audit committee. ... During 2011, each of our directors received an annual retainer of $15,000 for his or her services as a director. ... Scott A. Satterlee Fees Earned or Paid in Cash: $51,000.
2013-02-22	Scott A. Satterlee, 44, Director since 2009. Member of Audit Committee. Annual retainer $55,000.
2014-02-26	Scott A. Satterlee, Age 45, Director since 2009, member of audit committee. Compensation: $95,000 in 2013.
2015-02-25	Mr. Satterlee has been a director of Fastenal since 2009 and is a member of our audit committee.
2016-02-24	Scott A. Satterlee 47 2009 Director... Mr. Satterlee has been a director of Fastenal since 2009 and is a member of our compensation committee... The following table sets forth information with respect to the 2015 compensation for each of our directors... Scott A. Satterlee Fees Earned or Paid in Cash ($) 103,000 Total ($) 103,000
2017-02-27	Mr. Satterlee has been a director of Fastenal since 2009 and is a member of our compensation committee. Scott A. Satterlee received $91,000 in fees earned or paid in cash in 2016.
2018-02-26	Scott A. Satterlee 49 2009 Director...Mr. Satterlee has been a director of Fastenal since 2009 and is a member of our compensation committee...Scott A. Satterlee 129,000
2019-02-25	Mr. Scott A. Satterlee retired in January 2016 as president of the North America Surface Transportation Division of C.H. Robinson Worldwide, Inc., a position he held since December 2014. ... He brings multi-location operational, compensation, and international business development experience to the board, all consistent with our company's strategic focus. ... The following table sets forth information with respect to the 2018 compensation for each of our directors, in their capacity as directors, other than any of our directors who are named executive officers ... Scott A. Satterlee Fees Earned or Paid in Cash ($) 86,500 ... Option Awards ($) 42,500 ... Total ($) 129,000.
2020-02-28	Scott A. Satterlee, 51, Director since 2009, Retired President of North America Surface Transportation Division, C.H. Robinson Worldwide, Inc., Compensation (Chair), Compensation $129,000.
2021-02-26	Scott A. Satterlee, 52, Chair of the Board, Chair of Compensation Committee, Compensation: $144,000
2022-02-25	Mr. Satterlee has been the chair of the board of the company since April 2021. He has served as a director of the company for more than a decade and has high level executive experience gained as a former executive at C.H. Robinson. Mr. Satterlee attended 100% of the general meetings of the board in 2021, as well as 100% of the compensation committee meetings in 2021. In January 2021, each of our non-employee directors received an annual retainer of $85,000, except that Mr. Oberton and Mr. Dolan, who did not stand for re-election as directors at the 2021 annual meeting, received a retainer of $42,500 (or approximately one-half of a full year’s retainer) and except that Ms. Nielsen, who was elected to the board effective August 16, 2021, received a retainer of $21,250 (or 25% of a full year's non-employee director retainer) upon her election. Each of our employee directors received an annual retainer of $42,500 for his or her services as a director. In addition, in 2021, the chair of the audit committee received an annual retainer of $25,000, the chair of the compensation committee received an annual retainer of $15,000, and the chair of the nominating committee received an annual retainer of $10,000. During 2021, each of our non-employee directors, other than Mr. Satterlee after his election as board chair, also received $4,000 for attendance at each regular or special meeting of the board and each committee meeting. Mr. Oberton received a monthly retainer of $20,000 in lieu of meeting attendance fees from January 2021 through April 2021. After his election as board chair, Mr. Satterlee received a monthly retainer of $10,000 in lieu of meeting attendance fees beginning in May 2021. The following table sets forth information with respect to the 2021 compensation for each of our directors, in their capacity as directors, other than any of our directors who are named executive officers. Scott A. Satterlee Fees Earned or Paid in Cash: $115,000, Option Awards: $85,000, Total: $200,000.
2023-02-24	Mr. Scott A. Satterlee serves as chair of the board. ... Mr. Satterlee attended 100% of the general meetings of the board in 2022, as well as 100% of the compensation committee meetings in 2022. ... For 2022, the board, upon the recommendation of the compensation committee, eliminated the payment of additional retainer fees for attendance at regular or special meetings of the board and the committees. ... Scott A. Satterlee Fees Earned or Paid in Cash: $80,000, Option Awards: $140,000, Total: $220,000.
2024-03-06	Mr. Scott A. Satterlee serves as chair of the board. ... Mr. Satterlee attended 100% of the general meetings of the board in 2023. ... The board chair received an annual cash retainer of $120,000. ... The board chair received stock options valued at $80,000. ... The following table sets forth information with respect to the 2023 compensation paid to each of our directors ... Scott A. Satterlee ... Total($) 200,000
2025-02-26	Mr. Scott A. Satterlee serves as chair of the board. ... Mr. Satterlee has been the chair of the board of Fastenal since April 2021. ... In January 2024, the committee chairs received an annual cash retainer of $20,000. Each of our non-employee directors, other than the board chair, received an annual cash retainer of $100,000 and the board chair received an annual cash retainer of $120,000. ... The following table sets forth information with respect to the 2024 compensation paid to each of our directors ... Scott A. Satterlee ... Total($) 200,000