Company: HBAN
Filing Date: 2025-07-21
Form Type: S-4
Source: 0001140361-25-026508
Chunk: 96

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-07-21
Form: S-4
Chunk 96
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ley” (i.e., “double-trigger”).

| (3) | Equity. As described in “—Treatment of Outstanding Veritex Equity Awards,” at the effective time, each outstanding time-vesting restricted stock unit award granted prior to July 13, 2025 and held by a named executive officer will accelerate fully upon the closing of the merger (i.e., “single-trigger”), subject to the executive’s employment through the effective time, and each performance-vesting restricted stock unit award granted prior to July 13, 2025 and held by a named executive officer will vest at 100% of target upon the closing of the merger (i.e., “single-trigger”), subject to the executive’s continued employment through the effective time. All options to purchase shares of Veritex common stock are fully vested and, accordingly, no amounts payable in respect of such options are included in the table above. |

The components of the amounts shown under the “Equity” in the table above are set forth below:

| Name                    |     |      Accelerated 
          Veritex 
 Restricted Stock 
      Unit Awards 
              ($) |     |      Accelerated 
      Performance 
          Veritex 
 Restricted Stock 
      Unit Awards 
              ($) |     |         Total 
           ($) |
| C. Malcolm Holland, III |     |    $4,551,790.32 |     |    $2,499,946.68 |     | $7,051,737.00 |
| Terry S. Earley         |     |               $— |     |               $— |     |            $— |
| Dom Karaba              |     |      $884,596.02 |     |    $1,080,770.46 |     | $1,965,366.48 |
| LaVonda Renfro          |     |      $586,550.58 |     |      $270,362.40 |     |   $856,912.98 |
| Angela Harper           |     |      $246,301.44 |     |      $532,866.18 |     |   $779,167.62 |
| William Holford         |     |      $203,353.92 |     |               $— |     |   $203,353.92 |

Governance of the Combined Company After the Merger Bylaws At the effective time, the bylaws of Huntington, as in effect immediately prior to the effective time