Company: SSUP
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001140361-25-012052
Chunk: 34

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 34
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, whether or not performance-based, granted under the Proposed Plan would be subject to Section 409A unless they are designed to satisfy the short-term deferral exemption. If not exempt, such awards must be specially designed to meet the requirements of Code Section 409A in order to avoid early taxation and penalties. Other Considerations. Awards that are granted, accelerated or enhanced upon the occurrence of a change of control may give rise, in whole or in part, to excess parachute payments within the meaning of Code Section 280G to the extent that such payments, when aggregated with other payments subject to Section 280G, exceed the limitations contained in that provision. Such excess parachute payments are not deductible by us and are subject to an excise tax of 20% payable by the participant.

| 2025 Proxy Statement| 29 |

TABLE OF CONTENTS

| Proposal No. 2•Amendment and Restatement of the Equity Incentive Plan |

Other Terms Awards will be subject to withholding taxes and clawback requirements, as well as whistleblower protections, as further described in the Proposed Plan. New Plan Benefits Awards under the Proposed Plan are made at the discretion of the administrator. Accordingly, future awards, including the identity of the employees and non-employee directors (or others) who will receive awards and the dollar value and number of shares of common stock subject to the awards, under the Proposed Plan are not yet determinable. Aggregate Awards Granted Under the 2018 Equity Plan from Plan Inception The following lists each person named in the Summary Compensation Table, all director nominees, all current executive officers as a group, all current directors (other than executive officers) as a group, each associate of the foregoing persons, each other person currently providing services to the Company who received or is to receive at least five percent of the shares granted or issued under the 2018 Equity Plan, and all current employees of the Company (other than executive officers) as a group, and indicates, as of March 27, 2025, aggregate grants under the 2018 Equity Plan since inception to each of options, time-based restricted stock and restricted stock units, and performance-based restricted stock and restricted stock units. The number of shares subject to outstanding performance-based restricted stock or unit awards is presented based on achieving the target level of performance: Majdi Abulaban: 0 options; 1,105,030 restricted stock/RSUS; and 2,210,061 performance-based restricted stock/RSUS; Michael Dorah: