Company: RITM-PC
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001104659-25-033195
Chunk: 55

Company: Rithm Capital Corp.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 55
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ed shares of restricted stock, which were granted on June 17, 2022, and, subject to the executive’s continued employment through the applicable vesting date, vest on June 17, 2025; (ii) 363,566 unvested time-vesting restricted stock units granted on February 21, 2023 and the related dividend equivalents, which vest over the remaining term in equal installments on February 21 of each of 2025 and 2026, subject to the executive’s continued employment through the applicable vesting date; and (iii) 295,452 unvested time-vesting Class B Profits Units that were granted on March 15, 2024 and the related dividend equivalents, which, subject to the executive’s continued employment through the vesting date, vest in three equal installments on March 15 of each of 2025, 2026 and 2027.

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TABLE OF CONTENTS (3) Includes (i) 1,090,706 unvested performance-vesting restricted stock units that were granted on February 21, 2023 and the related dividend equivalents, and are subject to vesting based on the achievement of specified targets relating to the Company’s annual average EAD ROE over a three-year performance period running from January 1, 2023, through December 31, 2025, and generally subject to the executive’s continued employment through the end of the performance period; and (ii) 2,659,077 unvested performance-vesting Class B Profits Units that were granted on March 15, 2024 and the related dividend equivalents, which are subject to vesting based on the achievement of specified targets relating to the Company’s EAD ROE over a three-year performance period running from January 1, 2024 through December 31, 2026, and generally subject to the executive’s continued employment through the end of the performance period. The performance-vesting restricted stock units may be earned between 0% and 200% of the target value of the award depending on the level of achievement of the EAD ROE targets, and the performance-vesting Class B Profits Units may be earned between 0% and 300% of the target value of the award depending on the level of achievement of the EAD ROE targets. The amount shown with respect to the performance-vesting restricted stock units and performance-vesting Class B Profits