Company: DOMO
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001505952-25-000062
Chunk: 49

Company: DOMO, INC.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 49
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olley(2)         |     | 70%                        |     | -                          |     |                          - |     |                                    - |
| Daren Thayne            |     | 81%                        |     | 58%                        |     |                    234,000 |     |                               28,329 |

(1) Mr. Crane became our Chief Financial Officer on November 1, 2024. Accordingly, in August 2024 our compensation committee approved a target bonus percentage for Mr. Crane of 63% and a target bonus amount of $250,000, effective November 1, 2024. For fiscal 2025, Mr. Crane received a target bonus percentage of 34% and a target bonus amount of $112,500. Mr. Crane’s target bonus percentage was calculated by dividing his target bonus amount by $328,750, his base salary for fiscal 2025. Mr. Crane’s target bonus amount was calculated by combining three separate bonus payouts that Mr. Crane was eligible for, prorated based on the periods in fiscal 2025 that they were outstanding: (i) $30,000 ($60,000 prorated for the period of February 1, 2024 to July 31, 2024), (ii) $20,000 ($80,000 prorated for the period of

August 1, 2024 to October 30, 2024), and (iii) $62,500 ($250,000 prorated for the period November 1, 2024 to January 31, 2025).

(2) Mr. Jolley resigned as our Chief Financial Officer on November 1, 2024. Accordingly, Mr. Jolley was not eligible for a bonus under our Executive Incentive Compensation Plan for fiscal 2025.

Long-Term Incentive Compensation

In March and April 2024, the compensation committee approved long-term incentive compensation opportunities in the form of equity awards to our named executive officers in amounts that it considered to be consistent with our compensation philosophy and generally competitive with market practices. We approved RSU awards for Messrs. James, Jolley and Thayne in April 2024, and for Mr. Crane in August 2024.

These awards were granted in the form of RSU awards because we believe that RSU awards both promote the closer alignment of the interests of employees with stockholders and provide a longer-term focus through a multi-year service-based vesting schedule