Company: SPWH
Filing Date: 2025-04-16
Form Type: DEF 14A
Source: 0000950170-25-054732
Chunk: 25

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-16
Form: DEF 14A
Chunk 25
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 increased from 70% for fiscal year 2023 to 75% for fiscal year 2024. For the fiscal 2024, we maintained an annual bonus program (the “FY 2024 Bonus Program”), pursuant to which Mr. Stone and Mr. White were eligible to earn a cash bonus based upon the achievement of certain corporate goals, which consisted of “pre-tax income” goals and “sales” goals, with such goals weighted 75% and 25%, respectively, as set forth below:

| 2024 Bonus Target     |         |                |         |
| Pre-tax (Loss) Income | Bonus % |   Sales Metric | Bonus % |
| $(775,000)            | 50%     | $1,207,500,000 | 50%     |
| $(530,000)            | 60%     | $1,209,000,000 | 60%     |
| $(285,000)            | 70%     | $1,210,500,000 | 70%     |
| $(40,000)             | 80%     | $1,212,000,000 | 80%     |
| $205,000              | 90%     | $1,213,500,000 | 90%     |
| $450,000              | 100%    | $1,215,000,000 | 100%    |
| $955,000              | 110%    | $1,218,175,000 | 110%    |
| $1,460,000            | 120%    | $1,221,350,000 | 120%    |
| $1,965,000            | 130%    | $1,224,525,000 | 130%    |
| $2,470,000            | 140%    | $1,227,700,000 | 140%    |
| $5,500,000            | 150%    | $1,230,875,000 | 150%    |
| $8,362,500            | 175%    | $1,238,812,500 | 175%    |
| $11,000,000           | 200%    | $1,246,750,000 | 200%    |

In April 2025, the Committee reviewed the Company’s achievement against these goals and determined that for fiscal year