Company: APTV
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000950170-25-036263
Chunk: 26

Company: Aptiv PLC
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 26
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,000 |
| Varun Laroyia      |     |                    | 2,430,000 |     |                     | 1,620,000 |     |                 |  4,050,000 |
| Joseph R. Massaro  |     |                    | 3,750,000 |     |                     | 2,500,000 |     |                 |  6,250,000 |
| Javed A. Khan      |     |                    | 2,460,000 |     |                     | 1,640,000 |     |                 |  4,100,000 |
| Joseph T. Liotine  |     |                    | 2,580,000 |     |                     | 1,720,000 |     |                 |  4,300,000 |
| Obed D. Louissaint |     |                    | 2,040,000 |     |                     | 1,360,000 |     |                 |  3,400,000 |

In addition to their respective annual long-term incentive awards set forth in the table above, Messrs. Laroyia, Khan and Liotine were awarded new hire equity awards, granted shortly after their respective hire dates in 2024. These awards were granted to Messrs. Laroyia, Khan and Liotine in consideration of the forfeited value of cash and equity compensation from their prior employers, and to build an equity ownership stake to align with our shareholders. For specific details on the new hire equity awards, please see the "Recent New Hire Information" section.

40 COMPENSATION DISCUSSION AND ANALYSIS 2022-2024 Performance-Based RSUs. The Compensation Committee assessed the performance awards granted in February 2022 for which vesting was based on achievement of three-year cumulative performance through December 31, 2024. In February 2025, we paid out the performance-based RSUs for the 2022-2024 performance period. The following tables set forth: (1) the threshold, target and maximum goal levels, as well as the performance level achieved during the performance period; and (2) for each NEO holding these awards, the target number of performance-based RSUs granted, the actual number of performance-based RSUs forfeited, and the actual number of performance-based RSUs earned.

| PerformanceMetric                           | Weight       | Threshold 40%Payout | Target100% Payout | Maximum 200%Payout