Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 57

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 57
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 of Accelerated/Continued Grants (1) |     | $29,571,786 |     | $29,571,786 |     |    $29,571,786 |     | $29,571,786 |
| Benefits & Perquisites                    |     |             |     |             |     |                |     |             |
| Health & Welfare Benefits                 |     |             |     |             |     |        $16,425 |     |     $16,425 |
| Company Car                               |     |             |     |             |     |        $44,007 |     |     $44,007 |
| Total Benefits & Perquisites              |     |             |     |             |     |        $60,432 |     |     $60,432 |
| Section 280G Tax Gross-Up (2)             |     |             |     |             |     |              — |     |           — |
| OVERALL TOTAL                             |     | $29,571,786 |     | $29,571,786 |     |    $39,165,551 |     | $43,982,218 |

| (1) | Represents the closing price on the NYSE for a share of MasTec’s common stock on December 31, 2024, the last trading day of 2024 ($136.14), multiplied by the number of restricted shares that would have been subject to accelerated or continued vesting. |

| (2) | Mr. Mas is entitled to receive a tax gross-up payment to reimburse him for any excise tax to which he would be subject under Section 4999 of the Code with respect to any “excess parachute payment” that he receives from MasTec. Mr. Mas generally would not be considered to receive an “excess parachute payment” unless the payments made to him that are contingent on a change in control exceed three times the average of his W-2 compensation for the five years immediately prior to the year in which the change in control occurs. Thus, facts and circumstances at the time of any change in control, as well as changes in Mr. Mas’s W-2 compensation history, could materially impact whether and to what extent any payment to Mr. Mas would result in an “excess parachute payment” and thus result in an excise tax. |

| 56 |

TABLE OF CONTENTS

Executive: Robert Apple

| Executive                                 
 Compensation                              
 Component                                 |     | Termination 
      due to