Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 43

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 43
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 stock-based awards, or cash awards will generally not recognize taxable income at the time of grant as long as the award is subject to a substantial risk of forfeiture as a result of performance-based and/or service-based vesting requirements. The recipient will generally recognize ordinary income when the conditions for vesting have been satisfied or, in the case of an award other than restricted stock for which the payout of cash or shares under the award is deferred beyond the vesting date, when the payout is received. We will generally be entitled to a corresponding deduction equal to the amount of income the recipient recognizes. If the recipient holds shares received upon settlement of an award for more than one year, the recipient will recognize long-term capital gain or loss when the shares are sold.

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#### New Plan Benefits
It is not possible to state the persons who will receive options or awards under the 2025 Plan in the future or the amount of options or awards that will be granted under the 2025 Plan. The following table provides information with respect to the value of annual long-term incentive ("LTI") awards granted in fiscal 2025 under the 2018 Plan. No stock options or stock appreciation rights were awarded in fiscal 2025.

| Named Executive Officers:                                 |     | Dollar Value |     | Awards Granted in Fiscal 2025 |            |     | Number of Shares |     |         |
|:----------------------------------------------------------|:----|:-------------|:----|:------------------------------|-----------:|:----|:-----------------|:----|--------:|
| William L. Ballhaus                                       |     |              |     | $                             |  7,553,696 |     |                  |     | 172,514 |
| David E. Farnsworth                                       |     |              |     |                               |  3,088,461 |     |                  |     |  68,697 |
| Stuart H. Kupinsky                                        |     |              |     |                               |  1,512,816 |     |                  |     |  34,793 |
| Steven V. Ratner                                          |     |              |     |                               |  1,420,679 |     |                  |     |  32,736 |
| Charles R. Wells, IV                                      |     |              |     |                               |  2,560,289 |     |                  |     |  58,954 |
| All named executive officers as a group