Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 64

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 64
---
667 |     | $1,700,002 |     | $2,300,000 |     | $1,866,667 |     | $1,641,667 |
| Included: Change in fair value of current year equity for Other NEOs                     |     | $2,778,185 |     | $1,490,207 |     | $2,043,909 |     | $1,981,805 |     | $1,211,900 |
| Included: Change in fair value of prior year unvested equity for Other NEOs              |     | $4,909,895 |     |  -$807,394 |     |  -$608,361 |     | $2,153,528 |     |   $398,423 |
| Included: Change in fair value of prior award that vested in 2024 for Other NEOs         |     |   $410,566 |     |    $67,913 |     |  -$219,719 |     |   $570,659 |     |  -$716,189 |

Change in fair value of stock is based upon closing share prices on December 31, 2020, of $ 68.18, on December 31, 2021, of $ 92.28, on December 30, 2022, the last trading day of 2022, of $ 85.33, on December 29, 2023, the last trading day of 2023, of $ 75.72, and on December 31, 2024, of $ 136.14.

| (3) | TSR is the change in stock price from the last trading day prior to the earliest year in the table through the last trading day of the applicable year in the table. The Peer Group TSR is the TSR of the group identified for the years measured, weighted according to the respective peer companies’ stock market capitalization at the beginning of each period for which the TSR is calculated. See page42for our Peer Group. |

| (4) | Our Peer Group TSR value of initial fixed $100 investment is: $118.75for 2020, $170.84for 2021, $183.75for 2022, $242.23for 2023 and $362.64for 2024. |

| (5) | We determinedadjusted EBITDAto be the “most important” financial performance measure used to link performance