Company: HBAN
Filing Date: 2025-11-13
Form Type: S-4
Source: 0001140361-25-041757
Chunk: 161

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-11-13
Form: S-4
Chunk 161
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947,375 |     |  $5,210,563 |
| Edward H. Braddock    |     |    $2,457,600 |     |       $614,400 |     |  $3,072,000 |
| Tyler L. Lambert      |     |    $2,121,200 |     |       $530,300 |     |  $2,651,500 |

| (2) | Equity. As described in the section entitled “The Merger Agreement—Treatment of Cadence Equity Awards,” the amounts shown consists of the value of unvested Cadence restricted stock units awards subject to service-based vesting only (“Cadence RSU Awards”) and Cadence restricted stock units awards subject to both service-based vesting and performance conditions (“Cadence PSU Awards”), (which will be converted into corresponding Huntington awards at the effective time;providedthat such corresponding Huntington awards will be subject to service-based vesting only and will no longer be subject to any performance conditions;provided,further, that any performance goals deemed earned based on the greater of target and actual performance measured through the latest practicable date prior to the effective time (subject to the rTSR Performance Determination). Such awards would vest upon a qualifying termination of employment following the effective time pursuant to the terms of the applicable equity incentive award agreements and CIC Agreement between Cadence and the applicable named executive officer (in the case of Mr. Rollins, including his letter agreement with Huntington). Cadence RSU Awards and Cadence PSU Awards also provide for a dividend equivalent cash payment, that accrues during the vesting period and pays out when such awards are settled. The accelerated vesting of these awards is a “double trigger” benefit triggered upon a qualifying termination of employment following the effective time. |

The components of the amounts shown under the “Equity” in the table above are set forth below:

| Name                  |     | Accelerated Cadence 
   RSU Awards ($)(a) |     | Accelerated Cadence 
      PSU Awards ($) |     | Accelerated Dividend 
      Equivalents ($) |     |  Total ($) |
| James D. Rollins III  |     |                  $0 |     |          $9,355,958 |     |             $367,118 |     | $9,723,076 |
| Valerie C. Toalson    |     |                  $0 |     |          $2,156,611 |     |              $82,938 |