Company: NINE
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001193125-25-048494
Chunk: 36

Company: Nine Energy Service, Inc.
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 36
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 $5,000 for his service as Chairman of the Audit Committee for all four quarters of 2024. Mr. Schwinger received an additional quarterly retainer of $3,750 for his service as Chairman of the Nominating, Governance and Compensation Committee for all four quarters of 2024. Finally, non-employee directors serving on the Audit Committee and the Nominating, Governance and Compensation Committee not in the role of Chairman received an additional quarterly retainer of $1,875 per committee for all four quarters in 2024. |

| (2) | On May 9, 2023, the non-employee members of the Board were granted cash awards in the following amounts, which vested on May 9, 2024: Mr. Danner – $123,313 and Messrs. Baldwin, Harrell, Schwinger, Thomas, Waite and Willis – $82,201. These amounts are reflected in the column “Fees Earned or Paid in Cash” above. |

| (3) | On May 7, 2024, each non-employee member of the Board received a restricted stock award. Messrs. Baldwin, Harrell, Schwinger, Thomas, Waite, and Willis each received 48,077 shares and Mr. Danner received 72,116 shares. All restricted stock awards vest on May 7, 2025 except for with respect to Messrs. Danner, Harrell and Waite, whose awards were accelerated and vested in full in connection with their resignations from the Board on February 28, 2025. The amounts reflected in the “Stock Awards” column represent the grant date fair value of restricted stock awards granted to our non-employee directors in May 2024 pursuant to the Stock Plan, as computed in accordance with FASB ASC Topic 718. See Note 11 to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for additional detail regarding assumption underlying the value of these awards. |

| (4) | On March 20, 2017, Mr. Danner was granted 24,052 options, which vested in three equal amounts on March 20, 2018, 2019, and 2020. As of December 31, 2024, all shares are exercisable. On June 1, 2015, Mr. Harrell was granted 1,508 options, which vested in four