TKO Group Holdings Inc
For the period ended Jun 12, 2024. Filed Apr 24, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 12, 2024 · Filed Apr 24, 2024
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TKO$191.00+1.0%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance Table
The followin
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table sets forth information concerning the compensation provided to our NEOs and certain measures of Company performance in the year ended December 31, 2023, for services to the Company in all capacities.
| SummaryCompensationTable Total forPEO ($) · CompensationActually Paid toPEO ($) (1)(2)(3) · AverageSummaryCompensationTable Total forNon-PEONEOs ($) · AverageCompensationActually Paidto Non-PEONEOs ($) (1)(2)(3) · Value of Initial Fixed $100Investment Based on: · Net Income($) · AdjustedEBITDA($)(5) | ||||||||
|---|---|---|---|---|---|---|---|---|
| FiscalYear · TotalShareholderReturn ($) (4) · Peer GroupIndex TotalShareholderReturn ($) (4) | ||||||||
| 2023 | 64,912,560 | 56,578,222 | 8,435,228 | 7,963,553 | 82.19 | 107.00 | 175,722,864 | 809,087,712 |
| (1) | Amounts represent compensation actually paid (“CAP”) to our CEO, who was our Principal Executive Officer or “PEO” for fiscal year 2023, and the average CAP to our remaining NEOs or “Non-PEO NEOs” for fiscal year 2023, as determined under SEC rules, which includes the individuals indicated below for fiscal year 2023: |
| Year | PEO | Non-PEO NEOs | |
| 2023 | Ariel Emanuel | Mark Shapiro, Andrew Schleimer and Seth Krauss |
| (2) | Amounts represent the Summary Compensation Table Total Compensation for the applicable fiscal year adjusted as follows: |
| Applicable Fiscal Year (“FY”) | 2023 | |
|---|---|---|
| PEO | Averagenon-PEONEOs | |
| Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY | (40,000,094) | (3,133,767) |
| Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End | 31,666,256 | 2,662,091 |
| Total Adjustments | (8,333,838) | (471,675) |
| (3) | The fair values of restricted stock units included in the CAP to our PEO and the Average CAP to our Non-PEO NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in our Annual Report. Any changes to the fair values of our restricted stock units from the grant date are based on our updated stock price at the applicable measurement date. For the year presented, the increases or decreases in the year-end restricted stock unit fair value from the fair value on the grant date were affected by changes in the stock price. For additional information on the assumptions used to calculate the valuation of the awards, see Note 13 to our audited consolidated financial statements included in our Annual Report. |
| (4) | Reflects the period from commencing on September 12, 2023, the date of consummation of the Transactions, through December 31, 2023. |
| (5) | Adjusted EBITDA is a non-GAAP measure and is calculated from our audited financial statements as follows: net income, excluding income taxes, net interest expense, depreciation and amortization, equity-based compensation, merger and acquisition costs, certain legal costs, restructuring, severance and impairment charges, and certain other items when applicable. For a reconciliation of the differences between Adjusted EBITDA and the most directly comparable financial measure calculated and presented in accordance with GAAP, see Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operation—Non-GAAP Financial Measures” on page 49 and 50 of our Annual Report. |
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