Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 185

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 185
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 to constitute profits interests for federal income tax purposes. Despite the fact that the Series A Profits Interests do not require the payment 
 of an exercise price, they are most similar economically to stock options. Accordingly, they are classified as “options” under the definition provided in Item 402(a)(6)(i) of Regulation S-K as an                                                       
 instrument with an “option-like feature.” The aggregate grant date value of the Series A Profits Interests were calculated in accordance with ASC Topic 718, utilizing the assumptions set forth in “Note 12—Member’s                                     
 Equity” in the Notes to Consolidated Financial Statements appearing elsewhere in this prospectus. For more information about the Series A Profits Interests, including their vesting and forfeiture terms, see the section entitled                       
 “—Elements of Compensation—Long-Term Equity Based Compensation—Series A Plan.”                                                                                                                                                                            |

| (3) | The amounts in this column represent the short-term cash incentive awards paid for 2024 under the 2024 EIP. For 
 additional information about the 2024 EIP, see the section “—Elements of Compensation—Bonus.”                   |

| (4) | Amount reported for Mr. Sprau reflects (i) the aggregate 2024 incremental cost for the company-owned car (i.e.,                                                                                                                                           
 year-over-year depreciation of the vehicle during 2024 based on the change in its book value, fuel, maintenance, registration expenses, and insurance related to usage) Mr. Sprau uses when visiting our headquarters in San Jose, California ($13,054),  
 (ii) the 2024 rent and utilities for the company-owned apartment Mr. Sprau uses when visiting our headquarters in San Jose, California ($45,012.47), and (iii) Company 2024 matching contributions to our 401(k) plan ($13,800). The amounts reported for 
 each other named executive officer reflect Company matching contributions to our 401(k) plan.                                                                                                                                                             |

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2024 Grants of Plan-Based Awards The following table sets forth certain information with respect to grants of plan-based awards for the year ended December 31, 2024 with respect to our named executive officers.

|           |     | Grant     
 Date      |                   |     | Estimated Future Payouts   
 Under Non-Equity Incentive 
 Plan                       
 Awards(1)                  |   |     |         |         |     |           |   |     | Estimated Future Payouts    
 Under Equity Incent