Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 78

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 78
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,945 | ​ |
| PSUs (3)                   | ​ |            | — | ​ | $               |  2,740,822 | ​ | $                 |  2,740,822 | ​ | $             |    885,751 | ​ | $ |       885,751 | ​ |
| PRSUs                      | ​ |            | — | ​ | $               |  1,139,845 | ​ | $                 |  1,139,845 | ​ | $             |  1,045,647 | ​ | $ |     1,045,647 | ​ |
| Total (4)                  | ​ | $          | 0 | ​ | $               |  5,452,598 | ​ | $                 |  9,333,752 | ​ | $             |  5,073,736 | ​ | $ |     2,446,343 | ​ |
| ​                          | ​ | ​          | ​ | ​ | ​               |          ​ | ​ | ​                 |          ​ | ​ | ​             |          ​ | ​ | ​ |             ​ | ​ |

| (1) | Reflects the Named Executive Officer’s total bonus opportunity for the full fiscal year under our 2024 Bonus Program as reported in the “Target” column of the “Grants of Plan-Based Awards for the 2024 Fiscal Year” table in this proxy statement. |

| (2) | The total amount reported on this line for each triggering event includes the cost of (a) continued health coverage for the officer and the officer’s eligible dependents for the entire Applicable Benefit Period, based on a COBRA premium amount of $1,667.64 per month; and (b) fees for outplacement services for a full 18 months, at a cost of $38,000 for |

| ​                  |  ​ | ​                    |
| Magnolia Oil & Gas | 58 | 2025 Proxy Statement |

Executive Compensation

| 18 months for each Named Executive Officer. Under the terms of the Executive Severance Plan, these payments may end earlier than the full period provided for if the Named Executive Officer secures new employment. |

| (3) | Determined based on: (a) for scenarios involving a Change in Control, the Company’s relative TSR performance for the applicable performance period assuming such period ended on December 31, 2024, which (i)