Company: LW
Filing Date: 2025-08-07
Form Type: ARS
Source: 0001679273-25-000063
Chunk: 131

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: ARS
Chunk 131
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 table summarizes stock option activity for fiscal 2025: Shares Weighted- Average Exercise Price (per share) Weighted- Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions) (a) Outstanding at May 26, 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 666,604 $ 69.90 6.9 $ 12.9 Granted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,356 68.85 Exercised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2,953) 29.63 Forfeited/cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (23,525) 79.66 Outstanding at May 25, 2025 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 646,482 $ 69.72 5.9 $ 2.4 Exercisable at May 25, 2025 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 570,006 $ 68.25 5.7 $ 2.4 _____________________________________________________ (a) The aggregate intrinsic values represent the total pre-tax intrinsic value (the difference between our closing stock price on the last trading day of our fiscal 2025, or $50.56 as of May 23, 2025, and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their in-the-money options at the end of the fiscal year. The amount changes based on the fair market value of our common stock. 66

Compensation Expense Our stock-based compensation expense is recorded in “Selling