Company: LASR
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001124796-25-000043
Chunk: 58

Company: NLIGHT, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 58
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962,498 |     |   | -1,376,320 |
| Compensation Actually Paid                                                                                                                 |     | $ |  1,176,578 |     | $ |    501,954 |

For purposes of the above adjustments, the fair value of equity awards on the applicable date were determined in accordance with FASB’s ASC Topic 718, using valuation methodologies that are generally consistent with those used to determine the grant-date fair value for accounting purposes.

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a. We have not reported any amounts in our Summary Compensation Table with respect to “Change in Pension and Nonqualified Deferred Compensation” and, accordingly, the adjustments with respect to such items prescribed by the PvP rules are not relevant to our analysis and no adjustments have been made.

b. The amounts reflect the aggregate grant-date fair value reported in the “Stock Awards” column in the Summary Compensation Table for the applicable year.

c. In accordance with PvP Rules, the fair values of unvested and outstanding equity awards to our PEO were remeasured as of the end of each fiscal year, and as of each vesting date, during the years displayed in the table above. The assumptions used for determining the fair values shown in this table do not differ materially from those used to determine the fair values disclosed as of the grant date of such awards. Please see “Accounting Assumption Disclosures” for further discussion on the assumptions used for these remeasurements.

(4) Total Shareholder Return (TSR) represents the cumulative return on a fixed investment of $100 in our common stock, for the period beginning on the last trading day of fiscal year 2019 through the end of the applicable fiscal year, assuming reinvestment of dividends.

(5) Peer Group TSR represents the cumulative return on a fixed investment of $100 in the S&P 600 Technology Hardware & Equipment (Industry Group) for the period beginning on the last trading day of fiscal year 2019 through the end of the applicable fiscal year, assuming reinvestment of dividends. The peer group used last year was the Russell 2000 Index.

(6) The dollar amounts reported are our net income as reflected in our audited financial statements.

(7) In our assessment, total revenueis the financial performance measure that is the most important financial performance measure (other than total shareholder return) used by us in 2024 to link compensation actually paid to performance.

Relationship between CAP vs. Cumulative TSR of Company and the Peer Group

We believe our pay-for-performance philosophy is