Company: IONQ
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0000950170-25-059289
Chunk: 44

Company: IonQ, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 44
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, we have not applied a rigid formula in determining the size of these equity awards. Instead, our compensation committee has determined the size of such equity awards for an individual executive after taking into

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consideration market data compiled from our compensation peer group, the equity award recommendations of our President and Chief Executive Officer, the scope of an executive’s performance, contributions, responsibilities, and experience, and the amount of equity compensation held by the executive, including the current economic value of his or her outstanding unvested equity awards and the ability of this equity to satisfy our retention objectives, market conditions, and internal equity considerations. In 2024, service-vesting equity awards were made to Mr. Kramer and Ms. Alameddine. In line with our equity award design philosophy of delivering approximately one-third of intended annual equity incentive value via service-vesting equity on an annual basis, the equity awards to Mr. Kramer and Ms. Alameddine were in the form of RSUs with four-year quarterly installment vesting and represented one-third of each executive’s regular annual award value. The remaining two-thirds was granted in 2023 on a four-year basis in the form of PSUs which front-loaded the number of shares subject to the grant. In determining the number of RSUs that were granted, intended individual grant values were divided by our average share price for the 22 consecutive trading days prior to the grant date. Dr. Kim did not receive an equity award because of his resignation effective March 31, 2024. The LTI equity grants to Mr. Kramer and Ms. Alameddine are shown in the table below:

| Named Executive Officer |     | Target    
 Grant     
 Value ($) |         |     | Time-    
 Based    
 RSUs (#) |        |
| Thomas Kramer           |     |           | 916,667 |     |          | 85,285 |
| Rima Alameddine         |     |           | 666,667 |     |          | 62,025 |

As noted above, Mr. Chapman did not receive a PSU award in 2023, as he had previously requested to not receive such a grant, and had not received equity or other incentive compensation since 2022. On December 16, 2024, our compensation committee recommended, and our board of directors approved, a three-component structure for Mr. Chapman as summarized below: • $10 million of cash paid on or before December 31,