Company: LASR
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001124796-25-000043
Chunk: 46

Company: NLIGHT, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 46
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 are approved by the compensation committee under our guidelines for equity awards and typically are scheduled to vest during what we anticipate will be an open trading window under our insider trading policy. The compensation committee also considers and grants equity awards for special situations, such as promotions, from time to time.

#### 2024 Annual Equity Awards
In 2024, the compensation committee issued annual equity awards in the form of a combination of time-vested and performance-based RSUs to our named executive officers.

Time-vested RSUs, which made up half of the 2024 named executive officer equity awards, were granted for their retentive effect and because their value is directly impacted by all stock price changes and therefore tied directly to stockholder value. Performance-based RSUs ("PRSUs") were granted to our named executive officers in 2024, constituting, at the targeted number of shares, half of their 2024 annual equity awards. The vesting of these PRSUs is subject to our achievement of a three-year Total Shareholder Return goal (“TSR”) based on our TSR relative to the Russell 2000 index. As a result, the value of these PRSUs is directly impacted by our stock performance relative to peers and tied to stockholder value, reflecting our continued commitment to a pay-for-performance philosophy.

The size of the annual equity grants made to our named executive officers is determined in light of the compensation committee’s objective of providing total target direct compensation that is competitive with market practices but also taking into account recent stock price performance.

The individual amounts for the 2024 annual equity awards granted to our named executive officers are set forth in the table below:

| Named Executive Officer |     | 2024 Annual Time-Based RSUs (#) |     | 2024 Annual Performance-Based RSUs (#)(1) |
| Scott Keeney            |     |                         150,000 |     |                                   150,000 |
| Joseph Corso            |     |                          50,000 |     |                                    50,000 |

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(1) Performance-based RSUs reflect the "target" number of shares that can be earned based on performance. Actual shares earned may vary from 0% to 200% of the "target" number.

The time-based RSUs granted to our named executive officers vest over a period of three years from the effective date, with one-third vested on March 1, 2025 and one-twelfth vesting each quarter thereafter for the next eight calendar quarters subject to