Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 51

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 51
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| (2) | The amounts shown in this column for Mr. Mas include imputed income with respect to a life insurance policy owned by MasTec on the life of Jose R. Mas. Pursuant to Mr. Mas’s split dollar agreement, MasTec is entitled to recover out of the death benefit proceeds all premiums it pays on the policies upon the death of the insured. The balance of the death benefit would be paid to the beneficiaries designated by Mr. Mas. See the “Certain Relationships and Related Party Transactions” section beginning on page69for a description of the split dollar agreement that MasTec entered into with Mr. Mas. |

| (3) | The amounts shown in this column include gift cards for employee anniversaries and holidays. |

GRANTS OF PLAN-BASED AWARDS FOR 2024 The following table provides additional information about the plan-based awards granted to the NEOs for the year ended December 31, 2024.

| Name                                                    |     | Grant Date |     | Number of Shares of 
  Stock or Units (1) |     | Grant Date Fair Value 
   of Stock Awards (2) |
| Jose R. Mas, CEO                                        |     | 3/18/2025  |     |              61,713 |     |            $7,500,000 |
| Robert Apple, COO                                       |     | 3/18/2025  |     |              27,154 |     |            $3,300,000 |
| Paul DiMarco, EVP and CFO                               |     | 3/18/2025  |     |              20,571 |     |            $2,500,000 |
| Alberto de Cardenas, EVP, General Counsel and Secretary |     | 3/18/2025  |     |              14,400 |     |            $1,750,000 |

| (1) | Represents shares of restricted stock granted under the 2013 ICP, which vest three years after the grant date, assuming continued employment. |

| (2) | The grant date value of the restricted stock awards is based on the closing market price of $121.53 for our common stock on March 18, 2025. |

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TABLE OF CONTENTS

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END FOR 2024 The following table sets forth our outstanding equity awards as of December 31, 2024, for our