KAISER ALUMINUM CORP
For the period ended Jun 10, 2025. Filed Apr 28, 2025.
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Jun 10, 2025 · Filed Apr 28, 2025
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Grants of Plan-Based Awards in 2024
The table below sets forth information regarding grants of plan-based awards made to our named executive officers during 2024.
| Estimated Possible Payouts Under Non-Equity Incentive Plan Awards (1) · Estimated Future Payouts UnderEquity Incentive Plan Awards (2) · All OtherStockAwards:Number ofShares ofStock orunits(#) · Grant DateFair Valueof Stock andOptionAwards (3)(#) | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name · GrantDate · Threshold($) · Target($) · Maximum($) · Threshold(#) · Target(#) · Maximum(#) | ||||||||||||||||||
| Keith A. Harvey | — | $488,750 | $1,150,000 | $2,300,000 | — | — | — | — | — | |||||||||
| 3/5/2024 | — | — | — | — | — | — | 27,471 | (4) | $1,724,629 | |||||||||
| 3/5/2024 | — | — | — | 13,735 | 27,471 | 54,942 | — | $2,402,154 | ||||||||||
| Neal E. West | — | $176,800 | $416,000 | $832,000 | — | — | — | — | — | |||||||||
| 3/5/2024 | — | — | — | — | — | — | 7,335 | (4) | $460,491 | |||||||||
| 3/5/2024 | — | — | — | 3,667 | 7,335 | 14,670 | — | $641,400 | ||||||||||
| John M. Donnan | — | $176,800 | $416,000 | $832,000 | — | — | — | — | — | |||||||||
| 3/5/2024 | — | — | — | — | — | — | 6,949 | (4) | $436,258 | |||||||||
| 3/5/2024 | — | — | — | 3,474 | 6,949 | 13,898 | — | $607,638 | ||||||||||
| Jason D. Walsh | — | $154,700 | $364,000 | $728,000 | — | — | — | — | — | |||||||||
| 3/5/2024 | — | — | — | — | — | — | 4,633 | (4) | $290,860 | |||||||||
| 3/5/2024 | — | — | — | 2,316 | 4,633 | 9,266 | — | $405,109 | ||||||||||
| Blain A. Tiffany | — | $132,600 | $312,000 | $624,000 | — | — | — | — | — | |||||||||
| 3/5/2024 | — | — | — | — | — | — | 3,281 | (4) | $205,981 | |||||||||
| 3/5/2024 | — | — | — | 1,640 | 3,281 | 6,562 | — | $286,890 | ||||||||||
(1)
Reflects the threshold, target and maximum award amounts under our 2024 STI Plan for our named executive officers. Actual amounts earned under the 2024 STI Plan are reflected in the "Non-Equity Incentive Plan Compensation" column of the Summary Compensation Table.
(2)
Reflects the number of performance shares that generally will become vested and earned for each of the named executive officers under our 2024 - 2026 LTI Plan in 2027 at the threshold, target and maximum performance levels. No performance shares will vest under the 2024 - 2026 LTI Plan if our company's performance does not reach the threshold performance required for either applicable metric during the three-year performance period.
(3)
Reflects the aggregate grant date fair value of restricted stock units and performance share awards to our named executive officers determined in accordance with ASC Topic 718, without regard to potential forfeiture. The aggregate grant date fair value of the performance share awards reflected in this table has been determined assuming the probable outcome of the performance condition on the date of the grant and without adjustment for actual performance during the period and, for performance shares with relative TSR as the performance metric, using a Monte Carlo simulation of future stock prices of our company and our peer companies on the S&P 600 SmallCap Materials and S&P MidCap 400 Materials Indices.
(4)
Reflects the number of restricted stock units received by the named executive officer pursuant to regular annual awards granted effective March 5, 2024.
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