Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 64

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 64
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     |                           |   720,000 |     |                            |   880,000 |     |       | 1,600,000 |
| Stuart H. Kupinsky                                              |     |                           |   540,000 |     |                            |   660,000 |     |       | 1,200,000 |
| Steven V. Ratner                                                |     |                           |   495,000 |     |                            |   605,000 |     |       | 1,100,000 |
| Former Employee:                                                |     |                           |           |     |                            |           |     |       |           |
| Charles R. Wells, IV(4)                                         |     |                           |   900,000 |     |                            | 1,100,000 |     |       | 2,000,000 |

(1) The grant date target values reported in the table above differ from the grant date fair values for these awards that are disclosed in the tables that appear in the Tabular Executive Compensation Disclosure section of this proxy statement because they are calculated using different methodologies and assumptions. For a further discussio n, see Note 1 to the Summary Compensation Table.

(2) Grant date target values were converted into the number of shares underlying each award based on the average closing price of Mercury's common stock during the 30 calendar days prior to the grant date.

(3) This table does not include a $1 million award of RSUs granted to Mr. Farnsworth on April 15, 2025 in connection with the expansion of his role—including leading a rigorous and focused organization-wide management operating system, actioning a robust and aligned technology investment strategy, overseeing execution-related customer engagements and driving operational performance—following the resignation of Mr. Wells. For a further discussion, see Note 6 to the Grants of Plan-Based Awards table in the Tabular Executive Compensation Disclosure section of this proxy statement.

(4) All stock awards granted to Mr. Wells during fiscal 2025 were forfeited upon his resignation in April 2025.

### EXECUTIVE PERQUISITES
We provide our named executive officers with limited personal perquisites consistent with competitive market practices. On an annual basis in the second quarter of our fiscal year, we provide our executive officers with a $12,000 allowance for personal tax and financial planning. We offer a supplemental savings plan, our Deferred Compensation Matching Plan, to make up for benefits that otherwise would be unavailable due to Internal Revenue Service ("