Company: TTMI
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038317
Chunk: 35

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 35
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     |                                     |  40,610 |     |                                         | 10,723 |     |                                            |      — |     |                                        | 0 |
| Chantel E. Lenard   |     |                                     |  67,148 |     |                                         | 10,723 |     |                                            | 20,000 |     |                                        | 0 |
| John G. Mayer       |     |                                     | 158,060 |     |                                         | 10,723 |     |                                            |      — |     |                                        | 0 |
| Dov S. Zakheim (5)  |     |                                     |       — |     |                                         |      — |     |                                            |      — |     |                                        | 0 |

The RSUs vest on May 9, 2025.

The options were granted to directors in fiscal years prior to 2019. The average remaining life is 4 years and the average option price is $14.32

Pursuant to our Corporate Governance Guidelines, Mr. Alder will retire from the Board of Directors and his term of office will conclude at the 2025 annual meeting.

Mr. Ali started service as a director on May 9, 2024.

Pursuant to our Corporate Governance Guidelines, Dr. Zakheim retired from the Board of Directors and his term of office concluded at the 2024 annual meeting.

| TTM TECHNOLOGIES, INC. | 21 |

Compensation Consultant and its Affiliates

Exequity was retained by our human capital and compensation committee to provide an independent review of the Company’s executive compensation programs, including an analysis of the competitive market for 2024. In addition, Exequity assisted the human capital and compensation committee with its evaluation of the risks associated with our compensation programs, and executive director compensation data. Exequity also furnished the human capital and compensation committee with reports on peer company practices relating to the following matters: short-term and long-term compensation program design; equity compensation; vesting practices and ownership guidelines; target incentive opportunities; and compensation trends for board management and committee members. During 2024, the human capital and compensation committee also engaged Aon and Principal for services rendered in connection with the administration of our deferred compensation plan, computation of total stockholder return (“TSR”) relative to our TSR Peer Group, and for compensation survey data. In July of 2024, we transitioned the administration of the deferred compensation program to Fidelity. A summary