Company: LPX
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001104659-25-028584
Chunk: 77

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 77
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 unvested PSUs for each year used in the calculation of “Compensation Actually Paid” is based on the probable outcome of the applicable performance conditions as of the last day of the fiscal year. As of December 31, 2024, the fair value of the unvested PSUs changed from the grant date primarily due to the change in stock price and our probable performance based on the performance metrics applicable to those PSUs awards. As of December 31, 2024, none of the 2022 PSUs and 2023 PSUs were expected to vest and the 2024 PSUs were projected to vest at 100%. The amounts in the “Exclusion of Stock Awards” columns are based on the totals from the “Stock Awards” column set forth in the “Summary Compensation Table.”

| ​ | SummaryCompensationTableTotal forPEO($) | ​ | ​ | Deduct Change inPension Value forPEO($) |   |   |   | ​ | ​ | Pension BenefitsAdjustments forPEO($) |   |   |   | ​ | ​ | Exclusion of StockAwards for PEO($) |   |            |   | ​ | ​ | Inclusion of EquityValues forPEO($) |   |           |   | ​ | ​ | CompensationActually Paid toPEO($) |   |            |   | ​ |
| ​ |                               9,598,919 | ​ | ​ | ​                                       | ​ | — | ​ | ​ | ​ | ​                                     | ​ | — | ​ | ​ | ​ | ​                                   | ​ | -5,553,195 | ​ | ​ | ​ | ​                                   | ​ | 9,991,503 | ​ | ​ | ​ | ​                                  | ​ | 14,037,226 | ​ | ​ |

| ​ | AverageSummaryCompensationTable Total forNon-PEO NEOs($) | ​ | ​ | Deduct Change inPension Value forNon-PEO NEOs($) |   |   |   | ​ | ​ | Pension BenefitsAdjustments forNon-PEO NEOs($) |   |   |   | ​ | ​ | Exclusion ofStock Awards forNon-PEO NEOs($) |   |            |   | ​ | ​ | Inclusion ofEquity Values forNon-PEO NEOs($) |   |           |   | ​ | ​ | AverageCompensationActually Paid toNon-PEO NEOs($) |   |           |