Company: CRL
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001104659-25-030908
Chunk: 75

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 75
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(1) These amounts represent the aggregate grant date fair value of RSUs and PSUs granted in fiscal year 2024, fiscal year 2023, and fiscal year 2022, respectively, computed in accordance with the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) Topic 718. The grant date fair value of PSUs is determined consistent with the estimate of aggregate compensation cost to be recognized over the service period determined as of the grant date, based on the probable outcome of the performance conditions, computed in accordance with FASB ASC Topic 718. For a detailed description of the assumptions used for purposes of determining grant date fair value, see Item 8 “Financial Statements and Supplementary Data—Note 1 to our Consolidated Financial Statements” and Item 8 “Financial Statements and Supplementary Data—Note 15 to our Consolidated Financial Statements” included in our Annual Report on Form 10-K for the fiscal year ended December 28, 2024. The maximum potential value of the PSUs awarded in 2024, based on the grant date fair value (assuming the highest level of performance achievement) is as follows: Mr. Foster, $17,903,259; Ms. Pease, $3,100,074; Ms. Creamer, $2,824,237; Ms. Girshick, $5,511,197; and Mr. LaPlume, $3,031,008. (2) These amounts represent the aggregate grant date fair value of stock option awards granted in fiscal year 2024, fiscal year 2023, and fiscal year 2022, respectively, computed in accordance with FASB ASC Topic 718. For a detailed description of the assumptions used for purposes of determining grant date fair value, see Item 8 “Financial Statements and Supplementary Data—Note 1 to our Consolidated Financial Statements” and Item 8 “Financial Statements and Supplementary Data—Note 15 to our Consolidated Financial Statements”, included in our Annual Report on Form 10-K for the fiscal year ended December 28 2024. (3) Reflects payments under our EICP plan for the respective fiscal year, which are paid the following February. (4) For fiscal year 2024, the amounts in this column include the following: (a) 2024 employer contributions under our defined contribution plans (the U.S. 401(k) Plan (Mr. Foster, $13,800;