Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 180

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 180
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 than 5 percent of the total contributions to the plan. Details regarding the plan are outlined in the table below. 

        EIN/Pension Plan
         
        Pension Protection Act Zone Status
         
        FIP/RP Status Pending
         
        Contributions Year Ended December 31,
         
        Surcharge
         
        Expiration Date of Collective-Bargaining

        Pension Fund
         
        Number
         
        2024
         
        2023
         
        Implemented
         
        2024
         
        2023
         
        2022
         
        Imposed
         
        Agreement

        PACE Industry Union-Management Pension Fund
         
        11-6166763 / 001
         
        Red
         
        Red
         
        Implemented
         
        $0.1
         
        $0.1
         
        $0.1
         
        Yes
         
        6/30/2028

6. Stock-Based Compensation  The 2022 ACCO Brands Corporation Incentive Plan, as amended (the "Plan") provides for stock-based awards generally in the form of stock options, restricted stock units ("RSUs") and performance stock units ("PSUs"), any of which may be granted alone or with other types of awards and dividend equivalents. The Plan authorizes the issuance of up to 15,994,631 shares to key employees and non-employee directors. 

68

 ACCO Brands Corporation and SubsidiariesNotes to Consolidated Financial Statements (Continued) 

The Company accrues dividend equivalents ("DEs") on all outstanding RSUs and PSUs as permitted by the Plan. DEs entitle holders of RSUs and PSUs to the same dividend value per share as holders of common stock. RSUs and PSUs are credited with DEs that are converted to RSUs and PSUs at the fair market value of our common stock on the dates the dividend payments are made and are subject to the same terms and conditions as the underlying award. DEs credited to RSUs and PSUs will only be paid to the extent the awards vest and any performance goals are achieved. We will satisfy the requirement for delivering shares of our common stock for the Plan by issuing new shares. The following table summarizes the impact of all stock-based compensation expense on our Consolidated Statements of Loss for the years ended December 31