Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 102

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 102
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 issued pursuant to Awards granted under this Plan shall be 1,900,000. Shares issued under this Plan may be authorized and unissued Shares, treasury Shares, or Shares purchased in the open market or otherwise, at the sole discretion of the Committee. Each Share issued pursuant to a Full-Value Award will result in a reduction of the number of Shares available for

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issuance under this Plan by one Share. Each Share issued pursuant to a Stock Option or Stock Appreciation Right will result in a reduction of the number of Shares available for issuance under this Plan by 0.5 Shares.

b. Prior Plan :

i. Awards granted under the Prior Plan between August 26, 2025 and the date on which this Plan is first approved by the Corporation's shareholders (the "Shareholder Approval Date") shall reduce the maximum number of Shares that may be issued pursuant to Awards granted under this Plan on the same share counting basis as provided under Section 3(a) (i.e., each Share underlying a Full-Value Award granted during the applicable time period under the Prior Plan will reduce the maximum number of Shares issuable under this Plan by one Share, and each Share underlying a stock option or stock appreciation right granted during such period under the Prior Plan will reduce the maximum number of Shares issuable under this Plan by 0.5 Shares).

ii. Awards outstanding under the Prior Plan as of the Shareholder Approval Date shall remain in full force and effect under the Prior Plan according to their respective terms, and to the extent that any such award is forfeited, terminates, expires or lapses without being exercised (to the extent applicable), or is settled for cash, the number of Shares subject to such award not delivered as a result thereof shall be added to the maximum number of Shares that may be issued pursuant to Awards granted under this Plan on the same share counting basis as provided under Section 3(a) (i.e., each undelivered Share previously subject to a Prior Plan full-value award will be added as one Share and each undelivered Share previously subject to a Prior Plan stock option or stock appreciation right will be added as 0.5 Shares).

c. Rules for Calculating Shares Issued . For purposes of the share limitation set forth in Section 3(a):

i. To the extent that any Award is settled for cash, any Shares subject to such Award that are not delivered as a result thereof will not be counted as Shares issued under this Plan.

ii. If Shares