Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 80

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 80
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,000 | ​ | ​ | ​ |       18,639 | ​ | ​ | $1,510,132 | ​ |
| ​ | Susan L. Menzel     | ​ | ​ |                    8,818 | ​ | ​ |       $585,000 | ​ | ​ | ​ |       12,115 | ​ | ​ |   $981,557 | ​ |
| ​ | Ashraf K. Malik     | ​ | ​ |                    5,427 | ​ | ​ |       $360,000 | ​ | ​ | ​ |        7,456 | ​ | ​ |   $604,085 | ​ |

(1) Mr. Cameron was not an employee of the company in 2022 and therefore was not granted any 2022 PRSUs. (2) This column represents the value of the shares earned based on a stock price of $81.02, which was the closing price on the vesting date of February 28, 2025.

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TABLE OF CONTENTS

2025 Compensation Actions In December 2024, the compensation and management development committee approved base salaries and target annual incentive awards for our NEOs for calendar year 2025. In addition, on January 2, 2025, the compensation and management development committee approved long-term incentive awards for our NEOs for 2025. In setting compensation levels for 2025, the compensation and management development committee considered a competitive market assessment performed by Exequity and the goals and objectives of our executive compensation plans. The following table shows the base salaries, target annual incentives as a percentage of base salary, and the grant date value of target long-term incentive awards for our named executive officers for 2025.

| ​ | Name                | ​ | ​ | Base Salary | ​ | ​ | Target AnnualIncentive Level | ​ | ​ | TargetPRSUs | ​ | ​ | Target RSUs | ​ |
| ​ | W. Anthony Will     | ​ | ​ |  $1,400,000 | ​ | ​ | 150%                         | ​ | ​ |  $4,800,000 | ​ | ​ |  $3,200,000 | ​ |
| ​ | Gregory D. Cameron  | ​ | ​ |    $770,000 | ​ | ​ | 90%                          | ​ | ​ |  $1,440,000 | ​ | ​ |    $960,000 | ​ |
| ​ | Christopher D