Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 27

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 27
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 652 |
| Joiner       |           560 |    1,316 |          747 |
| Childress    |         1,925 |    4,521 |        2,567 |

| * | As                                                                                     
 noted above, the Committee determined the target number of Performance Share Awards by 
 dividing the applicable dollar amount by the average closing price of our common stock 
 for the 20 trading days immediately preceding the date of the award. In contrast, the  
 grant date fair value amounts of the Performance Share Awards included in the summary  
 compensation table on page 40 and the grants of plan-based awards table on page 42 are 
 determined using financial accounting assumptions as required for disclosure under SEC 
 rules, which differ from the value used by the Committee                               
 in allocating long-term compensation awards. The grant date fair value of restricted   
 stock units and Performance Share Awards and of stock options granted in 2024, in each 
 case as determined as required to be disclosed by SEC rules, are included in columns   
 (e) and (f), respectively (see footnotes 1 and 2), of the summary compensation table   
 on page 40 and in column (l) of the grants of plan-based awards table on page 42.      |

Performance Share Awards made for 2022-2024 cycle In 2022, the target level of our long-term compensation awards included Performance Share Awards for the three-year performance period ended December 31, 2024. The Performance Share Awards granted in 2022 had terms consistent with the Performance Share Awards granted in 2024, but had a three-year performance period ended December 31, 2024, and the value of the stock units earned under the awards was paid in cash rather than shares of common stock. In addition to the annual Performance Share Awards granted in 2022, Mr. Vaillancourt also received Performance Share Awards for the same performance period and with the same terms in connection with his appointment as President and Chief Executive Officer. The payout with respect to share units earned under a Performance Share Award was converted for cash payout based on the average fair market value per share of our common stock (i.e., the closing price per share on the NYSE) over the 20 business days preceding the date the Committee certified the achievement of the performance level with respect to the Performance Share Award. Recipients of Performance Share Awards for the three-year performance period ended December 31, 2024 were not entitled to receive dividends with respect to