Company: AILIM
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001002910-25-000055
Chunk: 105

Company: Ameren Illinois Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 105
---
$27 $23 Ameren Illinois22 21 19 Other1 1 1 Ameren$49 $49 $43 

NOTE 11 – STOCK-BASED COMPENSATION

The 2022 Omnibus Incentive Compensation Plan is Ameren’s long-term incentive plan available for eligible employees and directors. It provides for a maximum of 8.8 million common shares to be available for grant to eligible employees and directors. At December 31, 2024, there were 7.7 million common shares remaining for grant. Awards may be restricted stock, restricted stock units, stock options (incentive stock options and nonqualified stock options), stock appreciation rights, performance awards, cash-based awards and other stock-based awards. Ameren used newly issued shares to fulfill its stock-based compensation obligations for 2024, 2023, and 2022, and intends to use newly issued shares to fulfill its stock-based compensation obligations for 2025.

140

Table of Contents

The following table summarizes Ameren’s outstanding performance share unit and restricted stock unit activity for the year ended December 31, 2024:Performance Share Units –Market Condition(a)Performance Share Units – Performance Condition(b)Restricted Stock UnitsShareUnitsWeighted-average Fair Value per Share UnitShareUnitsWeighted-average Fair Value per Share UnitStockUnitsWeighted-average Fair Value per Stock UnitOutstanding at January 1, 2024(c)761,712 $89.22 112,391 $83.36 377,864 $83.82 Granted314,456 56.73 51,938 68.83 159,050 69.09 Forfeitures(46,636)73.97 (7,691)77.22 (29,330)79.59 Dividend equivalents(d)27,508 77.74 4,127 79.03 13,580 79.59 Vested and distributed(248,090)87.10 (39,768)78.11 (125,644)78.58 Outstanding at December 31, 2024(c)808,950 $77.73 120,997 $79.09 395,520 $79.73 (a)The exact number of shares issued pursuant to a share unit varies from 0% to 200% of