Company: UAA
Filing Date: 2025-06-26
Form Type: DEF 14A
Source: 0001336917-25-000112
Chunk: 53

Company: Under Armour, Inc.
Filing Date: 2025-06-26
Form: DEF 14A
Chunk 53
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 of the shares vest sooner upon death or disability or upon an involuntary termination following a change in control of Under Armour, subject to certain conditions described below with respect to Mr. Plank’s fiscal year 2025 performance based restricted stock units. Dividend equivalents are not paid on performance based restricted stock.

(4) The fiscal year 2025 annual time based restricted stock unit awards granted on June 3, 2024 vest in three equal installments on June 3, 2025, May 15, 2026 and May 15, 2027, subject to continued employment through each vesting date. Mr. Dausch forfeited this award in full upon his departure from the company. As discussed above under “Compensation Discussion and Analysis—Equity Awards—Time Based Equity Awards,” on August 28, 2024, Mr. Saidi was granted a time based restricted stock unit award under the 2005 Plan with a grant date fair value of $350,000, which vests in two equal installments in August 2026 and August 2027, subject to his continued employment through each vesting date. All of the awards vest sooner upon death or disability or upon an involuntary termination following a change in control of Under Armour. Dividend equivalents are not paid on restricted stock units.

(5) See Note (1) to the “Fiscal Year 2025 Summary Compensation Table” above for further information on the value and other terms of the performance based restricted stock units granted during fiscal year 2025.

Employment Agreements

We have no employment agreements with any of our named executive officers.

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Outstanding Equity Awards at 2025 Fiscal Year-End

The following table contains information concerning unexercised stock options and restricted stock units that were not vested for the named executive officers as of March 31, 2025. All awards represent shares of our Class C Stock. Mr. Dausch held no outstanding equity awards as of March 31, 2025 and is therefore excluded from the table.

|               |     |            |         |     | Option Awards                                                          |   |     |                                                                          |     |       |                       |     |                        |     |         |     | Stock Awards                                            |           |     |                                                               |           |     |                                                                                                     |            |     |                                                                                                                     |
| Name          |     | Grant Date |         |     | Number of securities underlying unexercised options exercisable (#