Company: AMKR
Filing Date: 2025-03-25
Form Type: PRE 14A
Source: 0001193125-25-062595
Chunk: 36

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-03-25
Form: PRE 14A
Chunk 36
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 Rutten is eligible each year for a cash bonus with a target amount equal to 135% of his then-current salary. Equity Awards.The Compensation Committee sets Mr. Rutten’s equity compensation after consideration of the value of his previous equity awards, new market data for chief executive officers in similar companies, and his performance as the Chief Executive Officer of the Company. As described in more detail below, Mr. Rutten was granted RSU awards and PSU awards in February 2024. Approximately 30% of Mr. Rutten’s target equity awards for 2024 are contingent on the achievement of future performance goals, and approximately 70% of his 2024 equity awards are time-vesting awards that are intended to be a retention-oriented incentive. On February 20, 2024, Mr. Rutten was granted 282,352 RSUs, subject to the terms and conditions of an RSU award agreement under the 2021 Equity Plan (the “Rutten RSU Award Agreement”), and 126,998 PSUs, at target level of achievement and subject to the terms and conditions of a PSU award agreement under the 2021 Equity Plan (the “Rutten PSU Award Agreement”), with performance goals approved by the Compensation Committee. The number of PSU awards that Mr. Rutten will ultimately earn from the such PSUs will be determined as follows: (i) up to 20,165 PSU awards based on the achievement of a performance goal based on the Company’s basic earnings per share (“EPS”) for the period from January 1, 2024 through December 31, 2024 (the “Year 1 EPS PSUs”); (ii) up to 20,169 PSU awards based on the achievement of a performance goal based on the Company’s EPS for the period from January 1, 2025 through December 31, 2025 (the “Year 2 EPS PSUs”); (iii) up to 20,170 PSU awards based on the achievement of a performance goal based on the Company’s EPS for the period from January 1, 2026 through December 31, 2026 (the “Year 3 EPS PSUs” and, collectively with the Year 1 EPS PSUs and Year 2 EPS PSUs, the “EPS PSUs”); and (iv) up to 66,494 PSU awards based on the achievement of a performance goal based on the percentile rank of the Company’s common stock price appreciation from the beginning to