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Lloyd W. Kendall, Jr.
Chairman of the Board |
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George J. Guarini
President and Chief Executive Officer |
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Important Notice Regarding the Availability of
Proxy Materials for the Shareholder Meeting to Be Held on June 15, 2021. BayCom Corp’s proxy statement, Annual Report to Shareholders and electronic proxy card are available on the Internet at www.annualgeneralmeetings.com/BayCom. You are encouraged to review all of the information contained in the proxy statement before voting. |
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Name of Beneficial Owner
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Number of
Shares Beneficially Owned(1) |
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Percent of
Common Stock Outstanding |
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Name of Beneficial Owners Greater than 5% Shareholders | | | | | | | | | | | | | |
The Vanguard Group
100 Vanguard Boulevard Malvern, PA 19355 |
| | | | 667,823(1) | | | | | | 6.1% | | |
EJF Capital, LLC
2107 Wilson Boulevard, Suite 410 Arlington, VA 22201 |
| | | | 650,000(2) | | | | | | 5.9% | | |
BlackRock Inc.
55 East 52nd Street New York, NY 10055 |
| | | | 646,318(3) | | | | | | 5.9% | | |
Directors and Executive Officers | | | | | | | | | | | | | |
Lloyd W. Kendall, Jr.
|
| | | | 85,921(4) | | | | | | * | | |
George J. Guarini
|
| | | | 247,042(5) | | | | | | 2.3% | | |
James S. Camp
|
| | | | 113,199(6) | | | | | | 1.0% | | |
Harpreet S. Chaudhary
|
| | | | 41,378(7) | | | | | | * | | |
Rocco Davis
|
| | | | 4,547(8) | | | | | | * | | |
Malcolm F. Hotchkiss
|
| | | | 17,651(9) | | | | | | * | | |
Robert G. Laverne, M.D,
|
| | | | 112,472(10) | | | | | | 1.0% | | |
Syvia L. Magid
|
| | | | 2,335(11) | | | | | | * | | |
David M. Spatz
|
| | | | 52,227(12) | | | | | | * | | |
Keary L. Colwell
|
| | | | 64,148(13) | | | | | | * | | |
Janet L. King
|
| | | | 71,118(14) | | | | | | * | | |
All directors and executive officers as a group (15 persons)
|
| | | | 829,344(15) | | | | | | 7.6% | | |
Name
|
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Age
|
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Position(s) Held in the Company
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Director
Since(1) |
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Lloyd W. Kendall, Jr. | | |
74
|
| | Chairman of the Board | | |
2004
|
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George J. Guarini | | |
67
|
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President, Chief Executive Officer and Director
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2004
|
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James S. Camp | | |
69
|
| | Director | | |
2004
|
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Harpreet S. Chaudhary | | |
59
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| | Director | | |
2011
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Rocco Davis | | |
62
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| | Director | | |
2017
|
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Malcolm F. Hotchkiss | | |
72
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| | Director | | |
2017
|
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Robert G. Laverne, MD | | |
74
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| | Director | | |
2004
|
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Syvia L. Magid | | |
50
|
| | Director | | |
2019
|
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David M. Spatz | | |
74
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| | Director | | |
2004
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Director Name
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Audit
Committee |
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Compensation
Committee |
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Governance and
Nominating Committee |
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Lloyd W. Kendall, Jr.
|
| | | | X | | | | | | X | | | | | | X* | | |
George J. Guarini
|
| | | | | | | | | | | | | | | | | | |
James S. Camp
|
| | | | | | | | | | X | | | | | | X | | |
Harpreet S. Chaudhary
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| | | | X* | | | | | | X | | | | | | | | |
Rocco Davis
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| | | | | | | | | | | | | | | | | | |
Malcolm F. Hotchkiss
|
| | | | X | | | | | | X | | | | | | X | | |
Robert G. Laverne, MD
|
| | | | X | | | | | | | | | | | | | | |
Syvia L. Magid
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| | | | | | | | | | | | | | | | | | |
David M. Spatz
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| | | | | | | | | | X* | | | | | | X | | |
Name and Principal Position
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Year
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Salary
|
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Bonus
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Stock
Awards(1) |
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Non-equity
Incentive Plan Compensation(2) |
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All Other
Compensation(3) |
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Total
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George J. Guarini
President and Chief Executive Officer |
| | | | 2020 | | | | | $ | 650,000 | | | | | | — | | | | | $ | 594,798 | | | | | $ | 538,652 | | | | | $ | 442,911 | | | | | $ | 2,226,361 | | |
| | | 2019 | | | | | $ | 650,000 | | | | | | — | | | | | $ | 490,228 | | | | | $ | 505,903 | | | | | $ | 353,809 | | | | | $ | 1,999,940 | | | ||
Janet L. King
Senior Executive Vice President and Chief Operating Officer |
| | | | 2020 | | | | | $ | 375,000 | | | | | | — | | | | | $ | 178,065 | | | | | $ | 266,366 | | | | | $ | 123,703 | | | | | $ | 943,134 | | |
| | | 2019 | | | | | $ | 375,000 | | | | | | — | | | | | $ | 146,479 | | | | | $ | 250,172 | | | | | $ | 105,786 | | | | | $ | 877,437 | | | ||
Keary L. Colwell
Senior Executive Vice President, Chief Financial Officer and Corporate Secretary |
| | | | 2020 | | | | | $ | 375,000 | | | | | | — | | | | | $ | 178,065 | | | | | $ | 266,366 | | | | | $ | 120,631 | | | | | $ | 940,062 | | |
| | | 2019 | | | | | $ | 375,000 | | | | | | — | | | | | $ | 146,479 | | | | | $ | 250,172 | | | | | $ | 102,714 | | | | | $ | 874,365 | | |
Name
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401(k)
Matching Contribution |
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Automobile
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Salary
Continuation Plan |
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Other(a)
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Total
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George J. Guarini
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| | | $ | 11,400 | | | | | $ | 9,600 | | | | | $ | 408,724 | | | | | $ | 13,187 | | | | | $ | 442,911 | | |
Janet L. King
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| | | | 11,400 | | | | | | 9,600 | | | | | | 100,901 | | | | | | 1,802 | | | | | | 123,703 | | |
Keary L. Colwell
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| | | | 11,400 | | | | | | 6,000 | | | | | | 100,901 | | | | | | 2,330 | | | | | | 120,631 | | |
Name
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Stock Awards
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| | | | | | | |||||||||
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Number of
Unvested Shares |
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Market Value
of Unvested Shares(1) |
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Vesting Date
|
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George J. Guarini | | | | | 4,238 | | | | | $ | 64,290 | | | | | | 1/1/2021 | | |
| | | | | 2,550 | | | | | | 38,684 | | | | | | 1/2/2021 | | |
| | | | | 40,784 | | | | | | 618,693 | | | | | | 5/8/2021 | | |
| | | | | 2,786 | | | | | | 42,264 | | | | | | 1/1/2022 | | |
| | | | | 2,549 | | | | | | 38,668 | | | | | | 1/2/2022 | | |
| | | | | 29,763 | | | | | | 451,505 | | | | | | 5/8/2022 | | |
| | | | | 1,272 | | | | | | 19,296 | | | | | | 1/1/2023 | | |
| | | | | 2,549 | | | | | | 38,668 | | | | | | 1/2/2023 | | |
| | | | | 19,906 | | | | | | 301,974 | | | | | | 5/8/2023 | | |
| | | | | 2,549 | | | | | | 38,668 | | | | | | 1/2/2024 | | |
| | | | | 1,438 | | | | | | 21,814 | | | | | | 1/2/2025 | | |
Total | | | | | 110,384 | | | | | $ | 1,674,524 | | | | | | | | |
Janet L. King | | | | | 1,760 | | | | | $ | 26,699 | | | | | | 1/1/2021 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2021 | | |
| | | | | 11,122 | | | | | | 168,721 | | | | | | 5/8/2021 | | |
| | | | | 1,207 | | | | | | 18,310 | | | | | | 1/1/2022 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2022 | | |
| | | | | 8,117 | | | | | | 123,135 | | | | | | 5/8/2022 | | |
| | | | | 551 | | | | | | 8,359 | | | | | | 1/1/2023 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2023 | | |
| | | | | 5,429 | | | | | | 82,358 | | | | | | 5/8/2023 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2024 | | |
| | | | | 497 | | | | | | 7,539 | | | | | | 1/2/2025 | | |
Total | | | | | 32,591 | | | | | $ | 494,405 | | | | | | | | |
Keary L. Colwell | | | | | 1,760 | | | | | $ | 26,699 | | | | | | 1/1/2021 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2021 | | |
| | | | | 11,122 | | | | | | 168,721 | | | | | | 5/8/2021 | | |
| | | | | 1,207 | | | | | | 18,310 | | | | | | 1/1/2022 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2022 | | |
| | | | | 8,117 | | | | | | 123,135 | | | | | | 5/8/2022 | | |
| | | | | 551 | | | | | | 8,359 | | | | | | 1/1/2023 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2023 | | |
| | | | | 5,429 | | | | | | 82,358 | | | | | | 5/8/2023 | | |
| | | | | 977 | | | | | | 14,821 | | | | | | 1/2/2024 | | |
| | | | | 497 | | | | | | 7,539 | | | | | | 1/2/2025 | | |
Total | | | | | 32,591 | | | | | $ | 494,405 | | | | | | | | |
Name
|
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Fees Earned
or Paid in Cash |
| |
Stock
Awards(1) |
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Total
Compensation |
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Lloyd W. Kendall, Jr.
|
| | | $ | 64,100 | | | | | $ | 24,004 | | | | | $ | 88,104 | | |
James S. Camp
|
| | | | 24,750 | | | | | | 24,004 | | | | | | 48,754 | | |
Harpreet S. Chaudhary
|
| | | | 51,100 | | | | | | 24,004 | | | | | | 75,104 | | |
Rocco Davis(2)
|
| | | | 8,000 | | | | | | 6,004 | | | | | | 14,004 | | |
Malcolm F. Hotchkiss
|
| | | | 29,750 | | | | | | 24,004 | | | | | | 53,754 | | |
Robert G. Laverne, MD
|
| | | | 29,500 | | | | | | 24,004 | | | | | | 53,504 | | |
Syvia L. Magid
|
| | | | 22,000 | | | | | | 24,004 | | | | | | 46,004 | | |
David M. Spatz
|
| | | | 36,600 | | | | | | 24,004 | | | | | | 60,604 | | |
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Year Ended December 31,
|
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2020
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2019
|
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Audit Fees
|
| | | $ | 478,000 | | | | | $ | 456,000 | | |
Audit-related Fees
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| | | | 147,000 | | | | | | 60,000 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | — | | | | | | — | | |
Total
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| | | $ | 625,000 | | | | | $ | 516,000 | | |