Company: IBTA
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017508
Chunk: 43

Company: Ibotta, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 43
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 calculating TSR, our starting price is the initial public offering price, the

#### Ibotta, Inc.322025 Proxy Statement
starting price for each company in the index will be the period of 60 trading days ending on the award’s grant date, and the ending price for us and for each company in the index will be the average closing price for the period of 60 trading days ending on the last day of the performance period.

The number of performance-based RSUs that will become eligible to vest (eligible RSUs) will be equal to (i) 100% of the target number of RSUs if our TSR ranks at the 60th percentile or (ii) 200% of the target number of restricted stock units if our TSR ranks at or above the 80th percentile. If our TSR ranks between the 60th and 80th percentiles, the number of eligible RSUs will be determined through straight-line interpolation. If our TSR ranks below the 60th percentile, none of the RSUs will become eligible RSUs. Any eligible RSUs will vest on the date that achievement of the relative TSR performance goal is certified, subject to Mr. Leach’s continued service through such date.

However, if a “change in control” (as defined in the 2011 Plan) occurs before the last day of the performance period for Mr. Leach’s performance-based RSU award, then the performance period will be shortened to end on a date before the change in control, and achievement of the relative TSR performance goal during the shortened performance period will be certified before the change in control, with our ending price based on the price payable for a share of our Class A common stock in connection with the change in control. A prorated portion of the eligible RSUs will vest as of immediately before the change in control, and the remaining eligible RSUs will vest in equal quarterly installments over the remainder of the original performance period, in each case subject to Mr. Leach’s continued service through the applicable vesting date.

With respect to Mr. Leach’s performance-based RSU award, the vesting acceleration provisions in his change in control and severance agreement (which is described below) will apply only to any RSUs that become eligible RSUs.

The grant date fair values of these awards are included in the “Stock Awards” column of the “Summary Compensation Table.”

Executive Change in Control and Severance Agreements

We entered into change in control and severance agreements with our named executive officers, which