Company: CENX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001552781-25-000153
Chunk: 34

Company: CENTURY ALUMINUM CO
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 34
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           |                 34,964 |    $637,044 |
| Matthew     
 Aboud       | —                    | —           |                 21,908 |    $399,164 |

| (a) | No                                  
 options were exercised during 2024. |

| (b) | Represent                                                                                    
 shares acquired in connection with the vesting of TVSUs and PSUs awarded under the 2022-2024 
 LTIP which vested on December 31, 2024, except for Mr. Gary whose total also includes 31,507 
 TVSUs which vested on July 1, 2024, pursuant to his CEO Promotion Award.                     |

| (c) | Calculated                                                                             
 based on the closing price of the Company’s common stock of $18.22 on December 31,     
 2024 (the vesting date), except for Mr. Gary’s CEO Promotion Award which vested on     
 July 1, 2024, and was therefore calculated based on the closing price of the Company’s 
 common stock of $16.67, on July 1, 2024 (the vesting date).                            |

Post-Employment Compensation Pension Benefits As discussed in the Compensation Discussion and Analysis section under the heading “Retirement Benefits,” we maintain a non-contributory defined benefit pension plan which we refer to as our Qualified Plan for our U.S.-based salaried employees who were employed prior to January 1, 2015, and who meet certain additional eligibility requirements, including at least one full year of service with the Company. Although closed to new participants, the Qualified Plan provides to its participants lifetime annual benefits starting at age 62 equal to 12 multiplied by the greater of: (i) 1.5% of final average monthly compensation multiplied by years of credited service (up to 40 years), or (ii) $32.25 multiplied by years of credited service (up to 40 years), less the total monthly vested benefit payable as a life annuity at age 62 under predecessor plans which we acquired. We determine final average monthly compensation under the Qualified Plan as the highest monthly average for 36 consecutive months in the 120-month period ending on the last day of the calendar month completed at or prior to a termination of service. Participants’ pension rights vest after a five-year period of service, or earlier if the participant has reached the age of 62. An early retirement benefit (actuarially reduced beginning as early as age 55)