Company: PCOR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093502
Chunk: 49

Company: PROCORE TECHNOLOGIES, INC.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 49
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| Benjamin C. Singer         |     |                  |     | 395,000 |     |                  |     | 415,000 |     |                   |     | 5.1 |
| Lawrence J. Stack(3)       |     |                  |     |     N/A |     |                  |     | 450,000 |     |                   |     | N/A |
| Steven S. Davis            |     |                  |     | 415,000 |     |                  |     | 450,000 |     |                   |     | 8.4 |

| (1) | 2023 base salary changes (where applicable) became effective April 1, 2023; the base salary for Mr. Fu represents his salary upon promotion to Chief Financial Officer and Treasurer, effective May 8, 2023. |

| (2) | 2024 base salary changes became effective April 1, 2024 or, for Mr. Stack, upon his date of hire. The base salaries actually paid to our named executive officers during 2024 are set forth under the section titled “Summary Compensation Table” on page 48 of this Proxy Statement. |

| (3) | Mr. Stack joined the Company as Chief Revenue Officer on February 15, 2024 and was not a named executive officer in 2023. |

Annual Performance-Based Cash Bonus The Company maintains a performance-based cash bonus program for its executive officers, including its named executive officers. The executive bonus program is structured to reward the Company’s executive officers based on Company performance. Annual bonuses are paid in the following year if and to the extent performance objectives established by our Compensation Committee early in the applicable year are achieved. Our Compensation Committee believes that the payment of an annual bonus provides the incentive necessary to retain executive officers and reward them for short-term Company performance. For 2024, our Compensation Committee assigned each executive officer, including each named executive officer, a target performance-based cash bonus opportunity that was based on a percentage of each executive officer’s base salary. The target performance-based cash bonus opportunity for each of our named executive officers was determined based on market data, internal equity, and our desired pay mix for each named executive officer. Mr. Singer’s bonus target was adjusted from 65% to 75% based on the above criteria and his performance.

| Named Executive Officer    |     | 2023 Target Bonus Percentage 
 (%)                          |     |     |     | 2024 Target Bonus Percentage 
 (%)