Company: ACIW
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001193125-25-086263
Chunk: 54

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 54
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 compensation consultant gathered data from public filings (primarily proxy statements) and from a custom cut of companies that participate in the Radford Global Technology Survey. The Compensation Committee used this market data as a reference to assess our compensation levels during its deliberations on compensation forms and amounts.2025 PROXY STATEMENT51
For the peer group described above, in comparison to the prior year’s peer group, we removed four companies, CDK Global, Inc., Nuance Communications, Inc., Vonage Holdings Corp., and Zendesk, Inc. due to the companies being acquired; we removed Ebix, Inc. due to market capitalization falling below our then-current selection criteria range. We also added Affirm Holdings, Inc., BILL Holdings, Inc., CCC Intelligent Solutions Holdings, Inc., Marqeta, Inc., and Procore Technologies, Inc. because they were within our then-current revenue and market capitalization selection criteria ranges and were considered to be appropriate business fits. Employee Benefit Plans Overview We seek to provide our executive officers, including our Named Executive Officers, with health, retirement, and other benefits at a reasonable cost consistent with the health, retirement and other benefits provided at the companies with which we compete for executive talent. We maintain a tax-qualifiedSection 401(k) retirement plan that provides for broad-based employee participation. For 2024, we matched contributions made to the plan by our employees, including our Named Executive Officers, beginning on the first anniversary of a participant’s date of hire, up to 6% of the participant’s base salary, with an annual match limit of $6,000 per participant. All employer and employee contributions are 100% vested immediately. We intend for the plan to qualify under Section 401(a) of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”) so that contributions by participants to the plan, and income earned on plan contributions, are not taxable to participants until withdrawn from the plan. We also offer substantially all our employees, including our Named Executive Officers, the opportunity to purchase shares of our common stock at a discount under our employee stock purchase plan. Under this plan, participants may contribute up to 10% of their base salary (subject to certain Internal Revenue Service limits) to purchase shares of our common stock at the end of each participation period. Participation periods are the three months ending on April 30, July 31, October 31, and January 31 of each year. Shares are purchased at a price equal to 85% of the fair