INDIVIOR PLC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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Indivior PLC Long-Term Incentive Plan (“LTIP”)
On March 8, 2024, the Chief Executive Officer and Chief Financial Officer were granted conditional awards over shares with a value equal to 400% of their base salary, being the maximum cap under the 2024 Remuneration Policy.
| Date of Grant · Number of shares under award at maximum(1) · Closing Share Price at date of grant · Aggregate fair market value as of the date of grant$’000 · Performance period · Vesting date · Release Date | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mark Crossley | Mar. 8, 2024 | 157,732 | 1671.0p | 3,487.0 | Jan. 2024 – Dec. 2026 | Mar. 8, 2027 | Mar. 8, 2029 | (2) | ||||
| Ryan Preblick(3) | Mar. 8, 2024 | 97,692 | 1671.0p | 2,159.7 | Jan. 2024 – Dec. 2026 | Mar. 8, 2027 | Mar. 8, 2029 | (2) | ||||
| All Other Senior Managers Combined | Mar. 8, 2024 | 676,730 | 1671.0p | 14,960.6 | Jan. 2024 – Dec. 2026 | Mar. 8, 2027 | Mar. 8, 2027 | |||||
(1)The market value used to determine the number of shares subject to awards was 1728.2p, being the average mid-market closing price of Indivior shares on the five business days immediately preceding the date of grant and converted to U.S.$ using the closing exchange rate on the day immediately preceding the date of grant (GB£1:U.S.$1.2792).
(2)Awards granted to the Executive Directors under the LTIP are subject to a two-year post-vesting holding period and are then released to the Executive Director.
(3)Mr. Preblick stepped down as an Executive Director on December 31, 2024. Mr. Preblick continues in his role as Chief Financial Officer and he remains a member of the Executive Committee.
(4)Conditional awards include the right to receive an amount equal in value to any dividends payable on the number of vested shares between the date of grant and the release date.
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