Company: FEAV
Filing Date: 2025-01-24
Form Type: PRE 14A
Source: 0000950170-25-008828
Chunk: 39

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-24
Form: PRE 14A
Chunk 39
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 instead of the time of payment) and may be subject to an additional 20% penalty tax (and, potentially, certain interest, penalties and additional state taxes). To the extent applicable, the Amended Plan and awards granted under the Amended Plan are intended to be structured and interpreted in a manner intended to either comply with or be exempt from Section 409A of the Code and the Department of Treasury regulations and other interpretive guidance that may be issued under Section 409A of the Code. To the extent determined necessary or appropriate by the Plan Administrator, the Amended Plan and applicable award agreements may be amended to further comply with Section 409A of the Code or to exempt the applicable awards from Section 409A of the Code.

New Plan Benefits

Future awards that our named executive officers, directors, other executive officers and other employees and consultants may receive under the Amended Plan will be determined in the discretion of our Board or Compensation Committee, and neither our Board nor the Compensation Committee has made any determination to make future grants to any persons under the Amended Plan as of the date of this Special Meeting. Therefore, it is not possible to determine the future benefits that will be received by these participants under the Amended Plan.

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Plan Benefits

The table below sets forth summary information concerning the number of shares of our Common Stock subject to equity awards granted to certain persons under the Incentive Plan as of January 23, 2025. The closing per share market value of our stock on January 23, 2025, was $0.475.

| Name and Position                               |     | Options 
 (#)     |           |     | RSUs 
 (#)  |         |     | PSUs   
 (#)(1) |         |
| Executive Officers                              |     |         |           |     |      |         |     |        |         |
| Paul Weibel, President, Chief Executive Officer |     |         |         — |     |      |  74,098 |     |        | 282,797 |
| Joshua Malm, Chief Financial Officer,           
 Treasurer and Corporate Secretary               |     |         |         — |     |      |       — |     |        |       — |
| Susan Brennan, Former President,                
 Chief Executive Officer and Director            |     |         |   400,000 |     |      | 117,925 |     |        | 117,925 |
| All Current Executive Officers as a Group