Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 77

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 77
---
57 | 2025 Proxy Statement |

Executive Compensation

Quantification of Payments The following table sets forth potential payments or benefits upon certain qualifying terminations of employment or a Change in Control for each of the Named Executive Officers (other than Mr. Millican). For all scenarios reflected in the table, the trigger event is assumed to occur on December 31, 2024, and the amounts for unvested RSUs, PSUs, and PRSUs outstanding as of that date that are accelerated are calculated by multiplying the number of RSUs, PSUs, or PRSUs, as applicable, by $23.38 (the closing price of our Class A Common Stock on the NYSE on December 31, 2024, which was the last trading day of fiscal year 2024). The actual amounts to be paid out in any scenario can only be determined at the time of a Named Executive Officer’s actual separation from the Company or when a Change in Control actually occurs.

| ​                          
 ​                          
 ​                          
 ​                          
 ​                          
 ​                          
 Name                       
 Christopher G. Stavros     
 Severance-Related Cash     
 Amounts                    | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​          
 ​          
 Change in  
 Control    
 (successor 
 assumes    
 awards)    
 ​          
 ​          | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​               
 ​               
 Change in       
 Control         
 (successor does 
 not assume      
 awards)         
 ​               
 ​               |          ​ 
          ​ 
          ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​                 
 Termination       
 without Cause or  
 for Good Reason   
 within 24 months  
 following a       
 Change in Control 
 ​                 
 ​                 |          ​ 
          ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​             
 ​             
 ​             
 Termination   
 without Cause 
 or for Good   
 Reason        
 ​             
 ​             |          ​ 
          ​ 
          ​ 
          ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ |             ​ 
             ​ 
             ​ 
             ​ 
   Termination 
  Due to Death 
 or Disability 
             ​ 
             ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ 
 ​ |
|:---------------------------|:--|:-----------