Company: IMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000049938-25-000015
Chunk: 209

Company: IMPERIAL OIL LTD
Filing Date: 2025-02-19
Form: 10-K
Item: Item 16
Chunk 209
---
”, “Share-based awards”, “Option-based awards”, “Non-equity incentive plan compensation”, “Pension value” and “All other compensation”.  "Total direct compensation" is compensation granted during the year, including salary, current year bonus, and the grant date fair value of restricted stock units.

174

Outstanding equity awards

The following table sets forth all share-based and option-based awards outstanding for each named executive officer of the company as at December 31, 2024.

 Option-based awardsShare-based awardsNameNumber ofsecuritiesunderlyingunexercisedoptions(#)Optionexerciseprice($)OptionexpirationdateValue ofunexercisedin-the-moneyoptions($)Number ofshares orunits ofshares thathave notvested(#)(d)Market orpayout valueof share-based awardsthat have notvested($)(d)Market or payout value of vested share-based awardsnot paid out ordistributed($)B.W. Corson (a) ————462,50040,972,875—D.E. Lyons (b) ————132,20011,711,598—C.L. Gomez-Smith (c) ————20,9001,851,531—J.E. Burgess————61,9505,488,151—I.R. Laing————52,2004,624,398— 

(a)B.W. Corson was granted restricted stock units from 2019 to 2024 under the company’s plan. With respect to previous years, Mr. Corson participated in Exxon Mobil Corporation’s restricted stock plan, which is similar to the company’s restricted stock unit plan. Under that plan, Mr. Corson held 59,700 Exxon Mobil Corporation restricted stock valued at $9,240,514 on December 31, 2024, at a closing price for Exxon Mobil Corporation shares on December 31, 2024 of $107.57 U.S. dollars, and converted to Canadian dollars at the December 31, 2024 close rate of 1.4389 provided by the Bank of Canada.

(b)D.E. Lyons was granted restricted stock units from 2018 to 2024 under the company’s plan. With respect to previous years, Mr. Lyons participated in Exxon Mobil Corporation’s restricted stock plan, which is similar to the company’s restricted stock unit plan. Under that plan, Mr. Lyons no longer holds any outstanding restricted stock units.

(c)C.L. Gomez-Smith was granted restricted stock units in