Company: INVH
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000950170-25-049911
Chunk: 85

Company: Invitation Homes Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 85
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 amount represents the aggregate grant date fair value of the equity awards granted in 2024 calculated in accordance with FASB ASC Topic 718, using the assumptions discussed in Note 10 to the consolidated financial statements included in our 2024 Form 10-K. The stock award values reflected in the table above for 2024 represent the grant date fair value in respect of the time vesting RSUs and performance vesting RSUs granted under our 2024 LTIP. As described further under “Executive Compensation—Compensation Discussion and Analysis—2024 Long-Term (Equity) Incentive Program,” of the 2024 LTIP performance vesting RSUs granted in 2024, 75% of the 2024 LTIP RSUs at target are based on performance, of which 45% are tied to the TSR Relative to RMS Index CAGR (with a cap at target if the Company’s absolute TSR is negative) and 30% are tied to the Company’s Same Store NOI Growth CAGR. The grant date fair value of the RSUs that are earned based on the Same Store NOI Growth CAGR were computed in accordance with FASB ASC Topic 718 based upon the probable outcome of the performance conditions as of the grant date. Assuming the highest level of performance achievement, the aggregate grant date fair value of the RSUs that are earned based on Same Store NOI Growth CAGR would have been: Mr. Tanner—$4,815,014; Mr. Olsen—$900,044; Mr. Young—$1,800,018; Mr. Eisen—$1,320,050; and Mr. Solls—$600,028. As the 2024 LTIP RSUs that are earned based on the TSR Relative to RMS Index CAGR are subject to market conditions as defined under FASB ASC Topic 718 and are not subject to performance conditions as defined under FASB ASC Topic 718, they have no maximum grant date fair values that differ from the grant date fair values presented in the table. (2) Amounts shown for 2024 represent the annual cash incentive awards earned under our 2024 annual cash incentive program as described under “Compensation Discussion and Analysis—Determination of Compensation—2024 Annual Cash Incentive Program.” (3) All Other Compensation for 2024 represents Company-paid matching 401(k) plan contributions for all NEOs and Health Savings Account Company-funded seed money for Messrs. Tanner, Young, and Eisen based