Company: JLL
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001037976-25-000014
Chunk: 80

Company: JONES LANG LASALLE INC
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 80
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overhang” as the sum of (a) stock options granted and outstanding plus (b) unvested shares of restricted stock plus (c) shares available for grant under plans,

divided by the sum of (a) the number of basic weighted average common shares outstanding plus (b) the number of shares in the numerator.

Our current overhang is approximately 5.5%. Including the shares under the amended and restated 2019 Plan (if authorized), the potential overhang from all outstanding stock incentive awards, and shares available for grant to employees, directors and consultants would be 6.2%.

Run Rate . We calculate our “total equity run rate” as the (a) total number of equity-related awards in any given fiscal year divided by (b) the number of basic weighted average common shares outstanding for that fiscal year.

The dilution, overhang and run rate exclude our “noncompensatory” Employee Stock Purchase Plan ( ESPP ) and Jones Lang LaSalle Savings Related Option Plan (Save As You Earn or SAYE ) for U.K. employees. ESPP purchases are broker-assisted on the open market. The SAYE Plan allows for the purchase of stock at a 15% discount from the market price at the beginning of the plan’s three- and five-year vesting periods and has a share pool independent of the Stock Award and Incentive Plan. These plans are further described in our annual report.

| 2025 Proxy Statement |     | 73 |

Executive Compensation

Proposal 3 - Approval of the Fourth Amended and Restated 2019 Stock Award and Incentive Plan

The Fourth Amended and Restated 2019 Plan does not, by itself, authorize any payments or the issuance of any shares or any award, as we make actual awards under our individual long-term and short- term variable compensation plans. The future awards that we will make to eligible participants under the Fourth Amended and Restated 2019 Plan are subject to the discretion of the Compensation Committee and, therefore, cannot be determined with certainty at this time.

Subject to the Fourth Amended and Restated 2019 Plan’s terms regarding limitations, Section 5 of the Fourth Amended and Restated 2019 Plan provides that no more than 250,000 shares may be earned in respect of Performance Awards (as defined in the 2019 Plan) denominated in shares granted pursuant to Section 11 of the Fourth Amended and Restated 2019 Plan to any single participant