Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 51

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 51
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,459 |
| Bower        |    1,143,308 |     227,246 |   227,634 |    259,365 |   479,583 |       25,006 |  2,362,143 |
| Joiner       |    1,191,628 |     233,228 |   210,734 |    263,849 |   485,619 |       25,940 |  2,410,998 |

Long-term incentive awards Under agreements for the Performance Share Awards outstanding at December 31, 2024, no payout is triggered by a “change in control” if the award is assumed, converted or replaced by the resulting entity in the “change in control.” However, if upon a “change in control” the award is not so assumed, converted or replaced, or if the award is assumed, converted or replaced and within two years after the date of a “change in control” the executive’s employment is terminated, either by the company other than for “cause” or by the executive for “good reason,” then the target payout opportunities attainable under the award are deemed to have been earned based upon the greater of assumed achievement of all relevant performance goals at their “target” level or the actual level of achievement of all relevant performance goals against target as of the fiscal quarter end preceding the “change in control.” In such event, the award, as adjusted for such deemed performance, becomes vested in full and is to be paid as soon as administratively practicable. The amount included in the “Performance Share Awards” column of the foregoing table reflects such adjusted amount for each of the named executive officers in the table as if either triggering event had occurred on December 31, 2024. For these awards, the amount is based on the $172.45 per share closing price of our common stock on the NYSE on December 31, 2024. Restricted stock unit and stock option awards Upon a change in control, if the resulting entity in the “change in control” assumes, converts or replaces an outstanding restricted stock award or stock option award, the award will vest early in connection with the “change in control” only if within two years thereafter the employee is terminated without “cause” or the employee resigns for “good reason,” as such terms are defined in the applicable award agreements. Upon a change in control, if the resulting entity in the “change in control” does not assume, convert or replace an