Company: ONEW
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001772921-25-000007
Chunk: 54

Company: OneWater Marine Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 54
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4, the amount earned with respect to the PSUs could range from 0% to 200% of the target PSUs. The amount of PSUs actually earned for each Named Executive Officer with respect to fiscal year 2022 was determined to be 200%. The amount of PSUs actually earned for each Named Executive Officer with respect to fiscal year 2023 was determined to be 40%. The amount of PSUs actually earned for each Named Executive Officer with respect to fiscal year 2024 was determined to be 74%. The performance measurements for the PSUs granted in fiscal years 2022 and 2023 were based on performance measured against Adjusted EBITDA and aged inventory objectives, with Adjusted EBITDA targets weighted at 80% and inventory objectives weighted at 20%. The performance measurements for the PSUs granted in fiscal year 2024 were based on performance measured against Return on Invested Capital and Sales Growth, with each metric weighted at 50%. Following the initial one-year performance period, the performance-based RSUs contingently earned vest ratably over a three-year period, subject to the Named Executive Officer’s continued performance of services to the Company through each vesting date.

The vesting schedules for the RSUs and PSUs are described in more detail in the notes to the “Outstanding Equity Awards at Fiscal Year End” table. For more information describing the vesting of the RSUs and PSUs, see the section entitled “Compensation Discussion and Analysis ― Annual Long-Term Incentive Awards” above.

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#### Options Exercised and Stock Vested
The following table reflects, for each of our Named Executive Officers, the number of RSUs that vested during the fiscal year ended September 30, 2023.

|                     |     |     |     | Stock Awards                                  |     |        |                                   |     |         |
|                     |     |     |     | Name Number of Shares Acquired on Vesting (#) |     |        | Value Realized on Vesting ($)(14) |     |         |
| P. Austin Singleton |     |  -1 |     |                                               |     | 15,166 |                                   |     | 388,553 |
|                     |     |  -2 |     |                                               |     | 10,152 |                                   |     | 260,094 |
|                     |     |  -3 |     |                                               |     | 19,132 |                                   |     | 490,162