Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 76

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 76
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 (20) trading days preceding the grant date. The number of PRSUs at target represented 60% of the total value on the grant date and the number of RSUs represented 40%. In connection with leadership changes that occurred during 2024, the compensation and development committee also approved the following RSU awards which are not included in the Time Vesting RSUs column of the table above: • Effective February 1, 2024 and in connection with Mr. Bohn’s promotion to executive vice president and chief operating officer, he received a dollar-denominated award of $1,000,000, which translated to 12,897 RSUs. All of the RSUs will vest on January 3, 2027. • Effective June 17, 2024 and in connection with Mr. Cameron’s appointment as executive vice president and chief financial officer, he received a dollar-denominated, one-time new hire award of $1,000,000, which translated to 12,893 RSUs. These RSUs will vest in equal installments on each of the first three anniversaries of the grant date. • Effective June 17, 2024, Mr. Frost received a dollar-denominated, retention award of $3,500,000, which translated to 45,125 RSUs. All of the RSUs will vest on January 3, 2027. Mr. Frost’s retention award does not provide for pro rata vesting in the event of his retirement prior to the vesting date.

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TABLE OF CONTENTS The foregoing dollar-denominated awards were translated into an actual number of RSUs, using the unweighted average of the NYSE closing price for the twenty (20) trading days preceding the grant date. Target Values versus Accounting Values Because of the accounting rules governing preparation of the Summary Compensation Table on page 83, the grant date value for RSUs and PRSUs awarded in 2024 as reported in the Summary Compensation Table are different than the target award values set forth in the table above. As discussed above, the compensation and management development committee approves dollar-denominated target award values, which are translated into an actual number of RSUs and PRSUs using the unweighted average of the NYSE closing price for the twenty (20) trading days preceding the grant date. With respect to RSUs, the values reflected in the Summary Compensation Table are computed as the product of the number of RSUs awarded multiplied by the closing stock price on the date of grant.