Company: ONEW
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001772921-25-000007
Chunk: 46

Company: OneWater Marine Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 46
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   612,011 |
|                     |     | 10/01/2023 |     |            |     |                                                                 |     |       ― |           |     |       ― |            |     |         ― |                                                                |     |      ― |     |      ― |     |       ― |                                                                  |     | 15,926 |                                                        |     |   408,024 |

(1) The amounts included in these rows represent the potential threshold, target, and maximum payouts under the annual cash incentive awards for each Named Executive Officer. Actual payouts of the annual cash incentive awards were determined based on achievement of specified performance measures. For more information, see the section entitled “Compensation Discussion and Analysis―Annual Cash Incentive Awards” above.

(2) The amounts included in the rows in these three columns represent the number of PSUs granted pursuant to the Incentive Plan during fiscal year 2024 that would contingently vest upon the achievement of a threshold, target and maximum level of performance under the terms of the award. The actual number of PSU awards that were contingently earned in fiscal year 2024 was determined based on the actual achievement of specified performance measures. These PSUs were issued in connection with the annual equity incentive awards for fiscal year 2024, and the number of PSUs contingently earned will vest in three equal installments on each of December 10, 2024 (the date on which performance was certified), October 1, 2025 and October 1, 2026, subject to the Named Executive Officer's continued performance of services to the Company through each vesting date. For more information, see the section entitled “Compensation Discussion and Analysis―Annual Long-Term Incentive Awards” above.

(3) The amounts included in this column represent the number of RSUs granted pursuant to the Incentive Plan during fiscal year 2024. These RSUs were issued in connection with the annual equity incentive awards for fiscal year 2024 and, will vest in three equal installments on each anniversary of October 1, 2023. For more information, see the section entitled “Narrative to the Summary Compensation Table and Grants of Plan Based Awards Table” below.

(4) The amounts in this column represent the grant date fair value of RSU and PSU awards granted to our Named Executive Officers during fiscal year 2024 computed in accordance with FASB ASC 718, excluding the effects of estimated forfeitures. These amounts do not reflect the