Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 63

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 63
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 in prior years that remained outstanding and unvested at the end of the year; (iii) the fair value, as of the vesting date, of equity awards granted in that year that also vested in that year; and (iv) the change in fair value during the year through the vesting date of equity awards granted in prior years that vested during that year, less (iv) the fair value at the end of the prior year of awards granted prior to the year that failed to meet applicable vesting conditions during the year. Equity values are calculated in accordance with FASB ASC Topic 718. |

CEO Adjustments to SCT

| Adjustments to SCT                                                            |     |        2024 |     |        2023 |     |        2022 |     |       2021 |     |        2020 |
| Excluded: Stock awards reported in Summary Compensation Table for our CEO     |     |  $7,500,000 |     |  $7,000,000 |     |  $7,000,000 |     | $5,500,000 |     |  $5,350,000 |
| Included: Change in fair value of current year equity for our CEO             |     |  $8,279,416 |     |  $6,136,122 |     |  $6,220,728 |     | $5,839,202 |     |  $3,949,395 |
| Included: Change in fair value of prior year unvested equity for our CEO      |     | $11,343,496 |     | -$1,865,349 |     | -$1,989,229 |     | $6,955,429 |     |  $1,247,779 |
| Included: Change in fair value of prior award that vested in 2024 for our CEO |     |    $862,234 |     |    $290,430 |     |   -$619,212 |     | $1,587,377 |     | -$1,840,921 |

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Other NEO Adjustments to SCT

| Adjustments to SCT                                                                       |     |       2024 |     |       2023 |     |       2022 |     |       2021 |     |       2020 |
| Excluded: Average Stock awards reported in Summary Compensation Table for our Other NEOs |     | $2,516,