Company: INV
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001628280-25-017614
Chunk: 90

Company: Innventure, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 11
Chunk 90
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 of our board will receive an annual cash retainer fee of $20,000, paid in arrears on a quarterly 

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basis and prorated in the event that such non-management director serves in such position for a portion of any calendar quarter. Each non-management director who serves as a member, but not a chairperson, of a committee of our board will receive an annual cash retainer fee of $10,000 for each committee, paid in arrears on a quarterly basis and prorated in the event that such non-management director serves in such position for a portion of any calendar quarter.

In addition to the compensation provided under the Director Compensation Plan, James Donnally was granted an award of 20,000 Accelsius SARs, as more fully described in footnote 2 to the 2024 Director Compensation Table below, in 2024. The following table sets forth the total compensation received by our non-management directors in 2024. Directors who were also executives of Innventure did not receive additional compensation in 2024 for their board service.

2024 Director Compensation

NameFees earned or paid in cash ($)Stock awards ($)(1)Option awards ($)(2)Total ($)James Donnally27,50089,999782,000899,499Bruce Brown27,50089,999—117,499Elizabeth Williams25,00089,999—114,999Daniel Hennessy25,00089,999—114,999Michael Amalfitano25,00089,999—114,999

(1)Reflects the grant date fair value of the RSU awards, calculated in accordance with FASB ASC Topic 718. For information regarding assumptions used in calculating these values, see Note 14 to the consolidated financial statements included in this Form 10-K. As of December 31, 2024, the non-management directors held the following outstanding stock awards: each of Messrs. Donnally, Brown, Hennessy and Amalfitano and Ms. Williams, 7,377 RSUs. 

(2)Reflects the grant date fair value of the Accelsius SARs, calculated in accordance with FASB ASC Topic 718.  For information regarding assumptions used in calculating these values, see Note 14 to the consolidated financial statements included in this Form 10-K.  The Accelsius SARs were granted by Innventure and are settled in shares of Common Stock, the value of which is determined based on the increase