Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 102

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 102
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 were subject to a stock-settled SAR granted under the Plan that were not issued upon the exercise of such SAR shall not become available again for grant under the Plan. Any Shares that were purchased by the Company on the open market with the proceeds from the exercise of an Option granted under the Plan shall not become available for grant under the Plan. Except as set forth above, any Shares that are withheld by the Company or tendered by a Participant (by either actual delivery or attestation) to satisfy tax withholding obligations associated with any Award other than an Option or SAR granted under the Plan shall become available again for grant under the Plan.

(b) Lapsed Awards . If any outstanding Award under this Plan (or under the Prior Plan) expires or is terminated or canceled without having been exercised or settled in full, or if Shares acquired pursuant to an Award subject to forfeiture or repurchase are forfeited or repurchased by the Company, the Shares allocable to the terminated portion of such award or the forfeited or repurchased Shares will again be available for grant under this Plan (collectively, the " Lapsed Awards "). Similarly, the Shares subject to Lapsed Awards under the Prior Plan shall add to the maximum number of Shares that are available for grant under Section 3(a) of this Plan.

(c) Share Reserve . The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as are sufficient to satisfy the requirements of this Plan. The Shares may consist, in whole or in part, of authorized but unissued Shares, treasury shares or Shares reacquired by the Company in any manner.

(d) Shares under Plans of Acquired Companies . Shares issued or transferred pursuant to an Award granted in substitution for outstanding awards, or in connection with assumed awards, previously granted by a company or other entity acquired by the Company or with which the Company combines, shall not count against the limits in the first sentence of Section 3(a) hereof.

(e) Minimum Vesting Schedule . Every Award under this Plan must have a minimum one-year vesting schedule such that no portion of the Award can become vested within one-year from the date of grant, except that: (i) any Awards subject to Section 16 of this Plan are not bound by the one-year minimum vesting schedule, and (ii) five percent (5%) of the Awards subject to each of Section 3(a) and 3(b) are not bound by the one-year minimum vesting schedule.

4. Administration of this Plan