Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 1217

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 1217
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 Committee provides that the units are forfeited if employment is terminated for any reason before the vesting date, except in the case of a termination other than for cause or voluntary termination for Good Reason during a Change in Control period.  However, individual restricted stock unit agreements may provide for accelerated vesting in certain events, such as death or disability.  Messrs. Fisackerly and May each have outstanding restricted stock units, the treatment of which upon various events of termination is disclosed in connection with the table below. Mr. West had outstanding restricted stock units as of December 31, 2024, which were forfeited when he retired from the Company on January 31, 2025.

(3)If an officer resigns after the completion of a PUP performance period, he or she will receive a payout under the PUP based on actual performance during the performance period.

514

Aggregate Termination Payments

The tables below reflect the amount of compensation each of the NEOs would have received if his or her employment had been terminated as of December 31, 2024 under the various scenarios described above.  For purposes of these tables, a stock price of $75.82 was used, which was the closing market price of Entergy Corporation stock on December 31, 2024, the last trading day of the year.  All share and per share information in this table has been adjusted to reflect the Stock Split.

Benefits and Payments UponTerminationVoluntaryResignationForCauseTermination forGood Reason orNot for CauseRetirement DisabilityDeathTerminationRelated to aChange inControlMarcus V. Brown(1)Severance Payment$— $— $— $— $— $— $4,275,471 Performance Units(3)$— $— $— $1,117,890 $1,117,890 $1,117,890 $1,117,890 Stock Options(4)$— $— $— $— $1,520,691 $1,520,691 $1,520,691 Restricted Stock$— $— $— $— $923,622 $923,622 $923,622 Welfare Benefits(5)$— $— $— $— $— $— $— Haley R. Fisackerly(1)Severance Payment$—