Company: HLI
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001302215-25-000084
Chunk: 36

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 36
---
 Portion of FY2025 Bonus Program Award ($) |     | Time-Based Equity Portion of FY2025 Bonus Program Award ($) |     | Performance-Based Equity Portion of FY2025 Bonus Program Award ($) |
| Scott J. Adelson        |     |                               10,500,000 |     |                                      8,250,000 |     |                                                   1,750,000 |     |                                                            500,000 |
| Scott L. Beiser         |     |                                3,500,000 |     |                                      2,475,000 |     |                                                     525,000 |     |                                                            500,000 |
| J. Lindsey Alley        |     |                                3,250,000 |     |                                      2,224,500 |     |                                                     525,500 |     |                                                            500,000 |
| Irwin N. Gold           |     |                                2,500,000 |     |                                      1,650,000 |     |                                                     350,000 |     |                                                            500,000 |
| P. Eric Siegert         |     |                               14,350,000 |     |                                     10,007,000 |     |                                                   3,843,000 |     |                                                            500,000 |
| Christopher M. Crain    |     |                                2,250,000 |     |                                      1,462,000 |     |                                                     288,000 |     |                                                            500,000 |

The time-vesting restricted shares of our Class B common stock awarded under our fiscal 2025 executive officer bonus program were granted in May 2025 and will vest in four equal installments on May 15 of each of 2026, 2027, 2028, and 2029, subject to continued employment.

| 22 |

The performance-vesting restricted shares of our Class B common stock (“PSAs”) awarded under our fiscal 2025 executive officer bonus program vest in four equal installments on May 15 of each of 2026, 2027, 2028, and 2029, contingent upon:

• the applicable named executive officer being employed in good standing on such vesting date; and

• the Company’s attainment of a 7% annual compound growth in total revenue above the fiscal year 2025 base year revenue, as reported in its Consolidated Statements of Comprehensive Income in the Annual Report on Form 10-K for the applicable