Company: CHMI-PB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001140361-25-014748
Chunk: 45

Company: Cherry Hill Mortgage Investment Corp
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 45
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 and our ability to respond to threats from material cybersecurity incidents. |

| • | We leveraged innovative data analytics tools to extract valuable insights from business and market data to enhance our decision-making processes and facilitate insightful strategic resolutions. |

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TABLE OF CONTENTS When determining the number of LTIP Units granted to each of our NEOs, the Compensation Committee took into account the factors described above, as well as the individual’s role and responsibility in attaining the results listed above, the individual’s expected and actual job performance, the individual’s ability to influence the outcome of our company’s future performance, the value of the award in retaining and motivating key personnel and economic and market conditions generally. The Compensation Committee considered all of these factors in exercising its discretion to determine the January 2024 LTIP Awards. The Compensation Committee’s decision on whether to approve any equity awards in future periods will depend on a number of factors, including our company’s performance, market trends and practices, expense implications, tax efficiencies or other considerations in the Compensation Committee’s sole discretion. June 2024 Stock Award to CFO On June 26, 2024, the Company granted a mid-year stock award of 7,712 shares of common stock to our CFO, Michael A. Hutchby, subject to the terms and conditions of a stock award agreement and the 2023 Plan (the “June 2024 Stock Award”). This grant was made in recognition of Mr. Hutchby’s significant contributions to the Company in 2024, particularly his instrumental role in collecting and providing critical information to the Special Committee during its evaluation of strategic alternatives. This was in addition to his regular responsibilities at the Company. The information provided by Mr. Hutchby was essential for the Special Committee to make informed decisions regarding the company’s strategic direction, which required extensive analysis and coordination beyond his usual duties. The magnitude of the June 2024 Stock Award was determined at the discretion of the Compensation Committee and took into account, among other things, the substantial additional workload and the critical nature of the tasks Mr. Hutchby undertook for the Company and the Special Committee in 2024. The shares of common stock subject to the June 2024 Stock Award were vested and nonforfeitable as of the grant date. The June 2024 Stock Award had an aggregate grant date fair value of approximately $30,000 based on our closing stock price on the grant date of $3.89. This award underscores the Compensation Committee’s appreciation for Mr. Hutchby’s dedication and the value of his