DAVISO. O’CONNOR
Former Executive Vice President and General Counsel Amounts in this column reflect the aggregate grant date fair value of restricted stock and performance stock units (PSUs) granted during 2022, computed in accordance with FASB’s ASC Topic 718, Stock-based Compensation (ASC Topic 718), excluding the effect of estimated forfeitures. Fair value of the PSUs was determined using Monte Carlo simulations. The assumptions used by the Company in calculating these amounts for 2022 are included in Note 7 to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (Form 10-K). PSUs awarded to our Co-CEOs were designed to represent the value of a three-year grant, and no additional equity awards are contemplated for our Co-CEOs over the next three years. If the maximum level of achievement of the performance conditions associated with PSUs granted in 2022 is achieved, the values associated with the PSUs based on the closing price per share of our common stock on the dates they were granted (7.91 for the Annual 2022 LTIP Awards and 7.62 for the Post-Merger LTIP Awards), would be as follows: 40,870,091 for Mr. Hickey and for Mr. Walter, 6,525,750 for Mr. Smith, 8,429,024 for Mr. Glyphis, 6,129,685 for Mr. Garrison, 1,439,501 for Mr. Jensen, 3,099,313 for Mr. Bell and 1,853,531 for Mr. O’Connor. For additional information regarding the stock-based awards granted to the NEOs in 2022, refer to the 2022 Grants of Plan-Based Awards table.
Earnings-call appearances
No earnings-call appearances recorded yet.