Company: NINE
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001193125-25-048494
Chunk: 46

Company: Nine Energy Service, Inc.
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 46
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, and the Company had 28,464 shares of common stock that remained available for issuance pursuant to awards granted under the Stock Plan. The Amendment will allow the Company to continue to grant equity and equity-based compensation awards to its employees and directors by increasing the number of shares of the Company’s outstanding common stock available under the Stock Plan by 3,900,000 shares. As of February 28, 2025, the total number of shares of the Company’s outstanding common stock was 42,348,643 (excluding shares held in treasury). If the Amendment is approved, the potential dilution from outstanding awards and shares available for future awards under the Stock Plan would be approximately 13.3%. This percentage is calculated on a fully diluted basis by dividing the total shares underlying outstanding equity awards as of February 28, 2025 plus the shares available for future awards under the Stock Plan (together, the numerator) by the total shares of common stock outstanding as of February 28, 2025 plus the number of shares in the numerator. Please see “—Description of the Stock Plan—Shares subject to the Stock Plan and limitations on awards to individual participants” for additional information regarding the number of additional shares being requested under the Amendment. The Company’s three-year average burn rate as of December 31, 2024 was 2.84%. This percentage is calculated by dividing the total shares underlying equity awards granted in a year by the weighted average shares outstanding during the year. 40

The Amendment will not be implemented unless approved by our stockholders. If the Amendment is not approved by stockholders, the Stock Plan will remain in effect in its present form, and it is anticipated that the Company will continue to grant awards thereunder until the share reserve under the Stock Plan is exhausted. Key Features of the Stock Plan

| • |     | No automatic award grants are promised to any eligible individual; |

| • |     | Awards assumed by a successor in connection with a change in control will not vest solely as a result of the change in control (unless specifically provided otherwise in an award agreement or any applicable employment agreement or similar agreement); |

| • |     | No tax gross-ups under the Stock Plan; |

| • |     | No evergreen for the Stock Plan share reserve; |

| • |     | Ten-year term for the Stock Plan (from the date of stockholder approval); |

| • |     | No repricing, replacement or re-granting of options, stock appreciation rights or other