Company: LASR
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001124796-25-000043
Chunk: 47

Company: NLIGHT, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 47
---
 the executive officer’s continued service with us, and further subject to vesting acceleration as described in the “Potential Payments upon Termination or Change-In-Control” section below.

The PRSUs granted to our named executive officers in 2024 will vest following the end of a three-year performance period, subject to the executive officer’s continued service to us, with the number of units eligible for vesting determined based on performance of our TSR for the period from April 1, 2024 through March 31, 2027 (the period is subject to adjustment in the event of we experience a change in control as described

<div align='center'>35</div>

below) relative to the TSRs for the same time period of the companies identified as being part of the Russell 2000 Index as of April 1, 2024, that remain listed on any established stock exchange or national market system as of March 31, 2027. The PRSUs that become eligible for vesting based on our relative TSR performance will be between 0% and 200% of the target amount, with a maximum vesting of 100% if our TSR is negative, as measured by a third-party valuation firm and approved by the compensation committee.

The table below reflects selected details relating to the PRSUs granted to our named executive officers in 2024.

| Objective                                           |     | Below Threshold           |     | Threshold       |     | Target          |     | Maximum(1)                |
| Percentile Rank of our TSR against the Russell 2000 |     | Below the 25th percentile |     | 25th percentile |     | 50th percentile |     | 75th percentile or higher |
| Percentage of PRSUs Eligible for Vesting(2)         |     | 0% - no PRSUs vest        |     | 50%             |     | 100%            |     | 200%                      |

_________________

(1) The percentage of PRSUs eligible for vesting is capped at 100% if our TSR over the performance period is negative.

(2) If our TSR over the performance period is between the 25th and 50th percentile, or it is positive and between the 50th and 75th percentile, then the percentage of the target number of PRSUs that will be eligible to vest will be interpolated linearly between the corresponding percentages designated for those percentiles.

In the event that we experience a change in control as