Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 59

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 59
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    24,400 |   | $     | 1,697,835 |
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| (1) | The amounts shown for 2024 reflect the full aggregate grant date fair value of stock-based awards granted during 2024, computed in accordance with FASB ASC Topic 718, determined without regard to forfeitures, and do not reflect the actual value that may be recognized by each Named Executive Officer. On February 13, 2024, the Named Executive Officers received the following annual grants: (a) time-based RSUs with a grant date fair value per share of $20.34, which is the closing price of our Class A Common Stock on the grant date, and (b) PSUs subject to both continued service and performance vesting conditions. The PSUs are considered to be subject to market conditions as defined in FASB ASC Topic 718 and have a grant date fair value, determined as of the grant date using a Monte Carlo simulation based on the probable outcome of achieving the performance target, of $21.12 per share. For assumptions made in the valuation of the awards reported in this column, see also Note 12—Stock Based Compensation to our audited financial statements included in our 2024 Form 10-K. For a further description of these awards, see “Compensation Discussion and Analysis—2024 Compensation Decisions—Long Term Equity-Based Compensation.” |

| (2) | The amounts shown for 2024 reflect bonus payments earned in 2024 and paid to the Named Executive Officers in March 2025 pursuant to our 2024 Bonus Program, which amounts were determined based on achievements with respect to certain quantitative and qualitative performance objectives. See “Compensation Discussion and Analysis—2024 Compensation Decisions—Annual Incentive Program” for more information regarding the 2024 Bonus Program. |

| (3) | For 2024, for Messrs. Stavros, Corales, and Yang, “All Other Compensation” includes Company-paid 401(k) plan matching and non-elective contributions. The aggregate annual amount paid by the Company with respect to any perquisites or other personal benefits to any Named Executive Officer is less than $10,000 per individual officer, and therefore