Company: VRT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001193125-25-094674
Chunk: 47

Company: Vertiv Holdings Co
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 47
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 in our equity and value tied to our stock price performance was important for the CEO in particular. The grant date value set forth in the Summary Compensation Table represents the value determined for accounting purposes. The value of these stock options will depend on our CEO helping deliver stock price performance for our stockholders over the vesting period of the stock options. These stock options combine with his prior Strategic Performance Award to tie a significant portion of his potential compensation to both financial results and stock price results. Results for Second Tranche of Strategic Performance Equity Awards. As previously disclosed, in 2022 (and for promotions in 2023), our named executive officers received strategic, long-term performance awards (the “ Strategic Performance Awards”) intended to incentivize the executive management team to achieve multi-year key goals for the business and to promote the long-term retention of the business leaders that we need to attain our goals. These Strategic Performance Awards vest, to the extent earned, contingent on both (i) achievement of strategic AOP targets in 2023, 2024 and 2025 and (ii) continued employment through January 1, 2027, with limited exceptions related to death, disability, or, in connection with a change in control, termination of employment or of the award.

| 34 | |     | -  2025 Proxy Statement |

For any portion to be earned for a year, a target AOP performance goal (“ Target AOP”) must be achieved for the applicable year. The following chart shows the targets for each year, along with the results for the 2023 and 2024 performance periods.

| Fiscal Year |     | Target AOP |     | Actual AOP |     |  Percentage of 
 Tranche Earned |   |
| 2023        |     | $1,000M    |     | $1,054M    |     |            120 | % |
| 2024        |     | $1,400M    |     | $1,552M    |     |            160 | % |
| 2025        |     | $1,750M    |     | TBD        |     |            TBD |   |

If Target AOP is not achieved in a particular performance year, no amounts will be earned for that year. If Target AOP is exceeded in any given year, each grantee will earn an additional 20% of their respective target award level for each $50 million increment that AOP performance exceeds the Target A