Company: BK-PK
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0001193125-25-046216
Chunk: 96

Company: Bank of New York Mellon Corp
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 96
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$12,690,032TOTAL$30,394,785$55,764,885$12,690,032Senthil KumarCash Severance(1)$650,000$12,500,000$—Pro-rated Incentive(1)$7,980,000$5,600,000$—Health and Welfare Benefits$38,614$52,228$—Additional Stock Award Vesting(2)$16,001,606$16,001,606$16,001,606TOTAL$24,670,220$34,153,834$16,001,606Catherine KeatingCash Severance(1)$650,000$12,000,000$—Pro-rated Incentive(1)$6,645,600$5,350,000$—Health and Welfare Benefits$38,791$52,582$—Additional Stock Award Vesting(2)$—$—$—TOTAL$7,334,391$17,402,582$—(1)Amounts shown assume that no NEO received payment or other separation benefit other than the payments and benefits contemplated by the Executive Severance Plan. Amounts have been calculated in accordance with the terms of the plan and the applicable agreements. For terminations by the company without cause, cash severance amounts will be paid in installments over a one-year period following termination and Pro-rated Incentive amounts shown reflect actual full incentive amounts paid for 2024 (cash and deferred). For terminations in connection with a change of control, cash severance amounts will be paid in a lump sum and Pro-rated Incentive amounts shown reflect target amounts for 2024 (cash and deferred) pursuant to the terms of the plan (other than for Mr. Minaya who did not have a target incentive for 2024 and therefore actual incentive amount for 2024 is included).(2)The value of “Additional Stock Award Vesting” represents the value at December 31, 2024 of all RSUs (along with cash dividends accrued on the RSUs) and earned PSUs (along with dividend equivalents on the PSUs) on that date (based on the closing price of $76.83 of our common stock on December 31, 2024). Information relating to the vesting of stock awards on retirement can be found in “Retirement Benefits” on page 83.(3)Includes the $4,659,653 cash buyout award granted to Mr. Minaya in connection