2024 GRANTS OF
PLAN-BASED
AWARDS
The following table provides information regarding plan-based awards granted to our named executive officers in 2024.
| Name · GrantDate(1) · ApprovalDate(1) · Estimated PossiblePayouts Under Non-EquityIncentive Plan Awards(3) · Estimated PossiblePayouts Under EquityIncentive Plan Awards(4) · All OtherStockAwards:Number ofShares ofStock orUnits(#)(5) · All OtherOptionAwards:Number ofSecuritiesUnderlyingOptions(#)(6) · Exercise orBase Priceof OptionAwards($ / Sh) · Grant DateFair Valueof Stockand OptionAwards($)(7) |
|---|
| Threshold($)(2) · Target(at 1.0 rating)($) · Maximum($) · Threshold(#)(2) · Target (#) · Maximum(#) |
|---|
| Matthew T. Farrell |
|---|
| Annual Incentive Plan | | — | 1,847,500 | 3,417,800 | |
|---|
| Stock Options | 3/1/2024 | 1/31/2024 | | 202,780 | $100.28 | 6,045,000 |
|---|
| Restricted Stock Units | 3/1/2024 | 1/31/2024 | | 8,040 | | 806,000 |
|---|
| Performance Stock Units | 3/1/2024 | 1/31/2024 | | — | 9,890 | 19,780 | | 1,209,000 |
|---|
| Richard A. Dierker |
|---|
| Annual Incentive Plan | | — | 685,900 | 1,268,800 | |
|---|
| Stock Options | 3/1/2024 | 1/31/2024 | | 58,500 | $100.28 | 1,743,840 |
|---|
| Restricted Stock Units | 3/1/2024 | 1/31/2024 | | 2,320 | | 232,512 |
|---|
| Performance Stock Units | 3/1/2024 | 1/31/2024 | | — | 2,850 | 5,700 | | 348,768 |
|---|
| Patrick D. de Maynadier |
|---|
| Annual Incentive Plan | | — | 316,500 | 585,500 | |
|---|
| Stock Options | 3/1/2024 | 1/31/2024 | | 22,710 | $100.28 | 676,898 |
|---|
| Restricted Stock Units | 3/1/2024 | 1/31/2024 | | 900 | | 90,253 |
|---|
| Performance Stock Units | 3/1/2024 | 1/31/2024 | | — | 1,110 | 2,220 | | 135,380 |
|---|
| Carlos Ruiz Rabago(8) |
|---|
| Annual Incentive Plan | | — | — | — | |
|---|
| Stock Options | | — | — | — |
|---|
| Restricted Stock Units | 12/9/2024 | 10/3/2024 | | 12,750 | | 1,350,000 |
|---|
| Performance Stock Units | | — | — | — | |
|---|
| Michael G. Read(9) |
|---|
| Annual Incentive Plan | | — | 306,400 | 566,800 | |
|---|
| Stock Options | 3/1/2024 | 1/31/2024 | | 16,640 | $100.28 | 496,179 |
|---|
| Restricted Stock Units | 3/1/2024 | 1/31/2024 | | 660 | | 66,157 |
|---|
| Performance Stock Units | 3/1/2024 | 1/31/2024 | | — | 810 | 1,620 | | 99,236 |
|---|
| (1) | For information regarding the timing of Long-Term Incentive grants, see “Compensation Discussion and Analysis—Long-Term Incentive Grant Practices.” |
| (2) | There is no specified minimum award payout. |
| (3) | Constitutes target and maximum award opportunities for our named executives under our Annual Incentive Plan. See “Compensation Discussion and Analysis—2024 Compensation—Annual Incentive Plan” for information regarding the criteria applied in determining the amounts payable under the awards. The actual amounts paid with respect to these awards are included in the “Non-Equity Incentive Plan Compensation” column in the “2024 Summary Compensation Table”. Amounts are rounded to the nearest $100. |
| (4) | Constitutes the performance stock units target and maximum award opportunities for our named executive officers. |
| (5) | These amounts include awards of restricted stock units granted to our named executive officers on March 1, 2024 for Messrs. Farrell, Dierker, de Maynadier and Read, and on December 9, 2024 for Mr. Ruiz Rabago. |
| (6) | The amounts shown in this column represent the shares of our common stock underlying options granted under the Omnibus Equity Compensation Plan in 2024. All options were granted with an exercise price per share equal to the closing price per share as reported |
| Church & Dwight Co. | 2025 Proxy Statement | 75 |
|---|
2024 GRANTS OF PLAN-BASED AWARDS
on the NYSE on the date of grant. The options vest as to all underlying shares on the third anniversary of the date of grant and terminate ten years from the date of grant, subject to earlier termination upon the occurrence of specified events. All stock options granted on or after July 20, 2019, require a “double trigger” before payment can be made or equity can vest (requiring a qualifying termination following a change in control).
| (7) | The grant date fair value is computed in accordance with ASC Topic 718. The assumptions used in determining the amounts in this column are set forth in note 12 to our consolidated financial statements in our Annual Report Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on February 13, 2025. |
| (8) | Carlos Ruiz Rabago did not receive any amounts under the Company’s Annual Incentive Plan for 2024 due to the timing of his employment start date in December 2024. As part of his offer, Mr. Ruiz Rabago received a grant of restricted stock units with a grant date fair value of $1,350,000. |
| (9) | The dollar figures have been converted to USD using the CAD Conversion Rate, as applicable. |
| 76 | Church & Dwight Co. | 2025 Proxy Statement |
2024 OUTSTANDING EQUITY AWARDS
