Company: INVH
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000950170-25-049911
Chunk: 72

Company: Invitation Homes Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 72
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 $34.54. Conversion to RSUs for the TSR component of the award assumes a TSR valuation factor of 111.15% for NEOs. Status of Pre-2024 Long-Term (Equity) Incentive Programs Mr. Eisen joined our Company as the Executive Vice President and Chief Investment Officer in August 2023 and did not participate in the 2023, 2022, and 2021 long-term incentive programs. Mr. Olsen was named our Executive Vice President, Chief Financial Officer and Treasurer in June 2023 and was not an NEO for the purposes of the 2022 and 2021 long-term incentive programs. 2021 LTIP Awards In February 2021, the Compensation and Management Development Committee approved our 2021 long-term incentive equity award program (the “2021 LTIP”), under the Omnibus Incentive Plan, comprising equity-based awards in the form of time vesting RSUs and performance vesting RSUs. The time vesting RSUs under the 2021 LTIP vested in equal annual installments on each of the first three anniversaries of March 1, 2021. The performance vesting RSUs under the 2021 LTIP were earned based on the achievement of performance conditions over a three-year performance period from January 1, 2021 through December 31, 2023. The number of performance vesting RSUs that were earned were determined based on two performance measures: (1) the TSR Relative to RMS Index CAGR for the performance period; and (2) the Company’s Same Store NOI Growth CAGR. Actual performance for the two metrics included were as follows:

| 2021 LTIP                      |     | Target |     | Achievement |     | Payout |
| TSR Relative to RMS Index CAGR |     | +50bps |     | +140bps     |     | 116%   |
| Same Store NOI Growth CAGR     |     | 4.75%  |     | 7.2%        |     | 200%   |

The performance vesting RSUs vested on the Certification Date. Any unearned performance vesting RSUs were forfeited without consideration. The overall achievement of the performance portion of the 2021 LTIP award was 150%.

#### 2025 Proxy Statement63
Executive Compensation—Compensation Discussion and Analysis Under the 2021 LTIP, the Compensation and Management Development Committee granted time vesting and performance vesting RSUs to our