Company: STAA
Filing Date: 2025-09-16
Form Type: DEFM14A
Source: 0001193125-25-204396
Chunk: 10

Company: STAAR SURGICAL CO
Filing Date: 2025-09-16
Form: DEFM14A
Chunk 10
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 award in respect of shares of STAAR common stock
(which this proxy statement refers to as a “STAAR RSU Award”) (whether or not then vested) that was granted before August 4, 2025 or that is held by a non-employee member of the Board will be
canceled and the holder will be entitled to receive a cash payment equal to the product of (i) the Merger Consideration and (ii) the total number of shares subject to such STAAR RSU Award. At the Effective Time, each STAAR RSU Award that
is held by an individual other than a non-employee member of the Board and that is granted on or after August 4, 2025 (subject to certain exceptions) will be converted into a restricted stock unit award
in respect of a number of ordinary shares of Alcon equal to (a) the total number of shares subject to such STAAR RSU Award immediately prior to the Effective Time, multiplied by (b) a ratio (which this proxy statement refers to as
the “RSU Exchange Ratio”) equal to the quotient of (x) the Merger Consideration, divided by (y) the volume-weighted average price of an ordinary share of Alcon Inc. on the New York Stock Exchange for the five consecutive
trading days ending on (and including) the last trading day prior to the Effective Time, and otherwise subject to the same terms and conditions as apply to such STAAR RSU Award as of immediately prior to the Effective Time.

STAAR PSU Awards. At the Effective Time, each performance-vesting restricted stock unit award in respect of shares of STAAR common
stock (which this proxy statement refers to as a “STAAR PSU Award”) (whether or not then vested) will be canceled and the holder will be entitled to receive a cash payment equal to the product of (i) the Merger Consideration and
(ii) the total number of shares subject to such STAAR PSU Award immediately prior to the Effective Time, with performance deemed achieved at 160% of the target level.

STAAR Cash Awards. At the Effective Time, each long-term cash award (which this proxy statement refers to as a “STAAR Cash
Award”) granted before August 4, 2025 will vest in full (to the extent unvested) and become payable. At the Effective Time, each STAAR Cash Award granted on or after August 4, 2025 will remain outstanding and continue to the same