Company: IMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000049938-25-000015
Chunk: 174

Company: IMPERIAL OIL LTD
Filing Date: 2025-02-19
Form: 10-K
Item: Item 16
Chunk 174
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 insurance premiums of $132. In 2024, G.J. Goldberg received $5,940 in dividend equivalent payments on restricted stock units, additional deferred share units valued at $3,783 in lieu of dividends on deferred share units and insurance premiums of $132. In 2024, M.C. Hubbs received $39,120 in dividend equivalent payments on restricted stock units, additional deferred share units valued at $46,465 in lieu of dividends on deferred share units, and insurance premiums of $132. 

144

Director compensation table

The following table summarizes the compensation paid, payable, awarded or granted for 2024 to each of the nonemployee directors of the company. 

Name(a)Feesearned($)(b)Share-basedawards($) (c)Option-basedawards($)Non-equityincentive plancompensation($)Pensionvalue($)All othercompensation($) (d)Total($)D.W. Cornhill—485,957———80,474566,431S.R. Driscoll—440,957———9,855450,812J.N. Floren—440,957———9,855450,812G.J. Goldberg—440,957———9,855450,812M.C. Hubbs—440,957———85,717526,674

(a)As directors employed by the company or Exxon Mobil Corporation in 2024, B.W. Corson and N.A. Hansen did not receive compensation for acting as directors.

(b)Represents all fees awarded, earned, paid or payable in cash for services as a director. The nonemployee directors are able to receive all or part of their directors’ fees in the form of deferred share units. 

(c)Represents the value of the restricted stock units (calculated by multiplying the number of units by the closing price of the company’s shares on the date of grant), plus the value of deferred share units (calculated by the portion of the “Annual retainer for board membership” that the director elected to receive as deferred share units as noted on page 142). 

(d)Amounts under “All other compensation” consist of dividend equivalent payments on unvested restricted stock units, the value of additional deferred share units granted in lieu of dividends on unvested deferred share units, and the value of premiums paid by the company for accidental death and dismemberment (AD&D) insurance.  In 2024, D.W. Cornhill received $42,110