Company: EVC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058293
Chunk: 39

Company: ENTRAVISION COMMUNICATIONS CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 39
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 equitable adjustment to reflect dividends or other changes to our capitalization during the performance period). The remaining half of Mr. Christenson’s initial equity awards were granted in the form of 1,000,000 restricted stock units subject to five-year time-based vesting (with 20% vesting after one year and the remaining 80% vesting in eight equal semi-annual installments, subject to Mr. Christenson’s continued service with the Company).

| Name                |     | 2023 Restricted 
 Stock           
 Units           
 (Number         
 of Shares)      |           |     | 2023 Performance 
 Units            
 (Maximum         
 Number           
 of Shares)       |           |     | 2024 Restricted 
 Stock           
 Units           
 (Number         
 of Shares)      |   |     | 2024 Performance 
 Units            
 (Maximum         
 Number           
 of Shares)       |   |
| Michael Christenson |     |                 | 1,000,000 |     |                  | 1,000,000 |     |                 | — |     |                  | — |

Mr. Christenson’s initial performance units vest by a combination of both market-based vesting conditions and time-based vesting conditions, both of which must be satisfied before the performance units will be deemed vested. The market-based vesting conditions are satisfied if the average closing price of our Class A common stock over 30 consecutive trading days equals or exceeds the following share price hurdles before July 1, 2028 (with each stock price hurdle subject to equity adjustment to reflect dividends or other changes to our capitalization during the performance period).

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| Hurdle Price Per Share* |     |  Number of Earned 
 Performance Units |
| $5.75                   |     |           200,000 |
| $7.25                   |     |           200,000 |
| $9.00                   |     |           200,000 |
| $11.20                  |     |           200,000 |
| $13.75                  |     |           200,000 |

*Closing stock price on the date of grant was $4.39 For each hurdle price, the time-based vesting conditions are satisfied over five years following Mr. Christenson’s commencement of employment, with 20% satisfying the time-based vesting conditions on July 1, 2024 and the remaining 80% satisfying the time-based vesting conditions in eight equal semi-annual installments thereafter.