The following table provides additional information relating to plan-based awards granted to our NEOs in fiscal 2024. All equity awards were granted under the 2019 Plan.
| · AwardType · GrantDate(5) · Estimated FuturePayouts UnderNon-Equity IncentivePlan Awards(1) · Estimated FuturePayouts UnderEquity IncentivePlan Awards(2) · All OtherStockAwards:Numberof Sharesof Stockor Units(3)(#) · All OtherOptionAwards:Number ofSecuritiesUnderlyingOptions(#) · Exerciseor BasePrice ofOptionAwards($/Sh) · Grant DateFair Valueof Stockand OptionAwards(4)($) |
|---|
| Name · Threshold($) · Target($) · Maximum($) · Threshold(#) · Target(#) · Maximum(#) |
|---|
| Michael J. Happe | Stock Options | 10/10/23 | | 33,167 | 58.68 | 832,492 |
| RSU Award · 10/10/23 · 33,103 · 1,942,484 |
|---|
| 2024 OICP · 300,000 · 1,200,000 · 2,400,000 |
|---|
| 2024-2026 LTIP · 10/10/23 · 23,645 · 47,290 · 94,580 · 2,774,977 |
|---|
| Bryan L. Hughes | Stock Options | 10/10/23 | | 6,454 | 58.68 | 161,995 |
| RSU Award | 10/10/23 | | 6,442 | | 378,017 | |
| 2024 OICP · 142,500 · 570,000 · 1,140,000 |
|---|
| 2024-2026 LTIP | 10/10/23 | | 4,601 | 9,202 | 18,404 | | 539,973 | |
| Donald J. Clark(6) |
|---|
| Casey J. Tubman | Stock Options | 10/10/23 | | 3,517 | 58.68 | 88,277 |
| RSU Award | 10/10/23 | | 3,510 | | 205,975 | |
| 2023 OICP · 120,375 · 481,500 · 963,000 |
|---|
| 2023-2025 LTIP | 10/10/23 | | 2,507 | 5,014 | 10,028 | | 294,222 | |
| Huw S. Bower(7) | Stock Options | 10/10/23 | | 6,594 | 58.68 | 165,509 |
| RSU Award | 10/10/23 | | 6,581 | | 386,173 | |
| 2024 OICP | | 137,925 | 551,700 | 1,103,400 | |
| 2024-2026 LTIP | 10/10/23 | | 4,701 | 9,402 | 18,804 | | 551,709 | |
| (1) | Fiscal 2024 OICP targets annual performance against goals approved by the committee. Awards under the fiscal 2024 OICP are payable in cash. The threshold, target and maximum amounts presented above represent amounts that could have been earned by our NEOs for fiscal 2024 under the fiscal 2024 OICP. |
| (2) | Fiscal 2024-2026 LTIP refers to our performance shares. For each of the NEOs except for Mr. Clark, the threshold, target and maximum amounts under the fiscal 2024-2026 LTIP represent potential performance share amounts that are measured over a three-year performance period from August 27, 2023 through August 29, 2026. |
| (3) | Consists of restricted stock units that vest one-third each year on the anniversary of the grant date. |
| (4) | The grant date fair value per share of the restricted stock was $58.68. The Black-Scholes grant date fair value per option award was $25.10. |
| (5) | The committee approved the fiscal 2024 OICP and fiscal 2024-2026 LTIP performance share units on October 10, 2023, effective as of the beginning of fiscal 2024. |
| (6) | Mr. Clark is not eligible to participate in the OICP or LTIP; however he remains eligible to participate in the Grand Design MIP. For fiscal 2024, Mr. Clark’s annual incentive plan payout under the Grand Design MIP paid out 100% in cash. |
| (7) | The awards granted to Mr. Bower during fiscal 2024 were all forfeited in connection with the involuntary termination of his employment without cause on August 31, 2024. |
