Company: CGABL
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001527166-25-000032
Chunk: 79

Company: Carlyle Group Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 79
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 if such value is between two stock price hurdles, the hurdle associated with the higher stock price will be deemed achieved in part based on linear interpolation between the two stock price hurdles. Any tranche that becomes earned upon a Change in Control pursuant to the foregoing will remain outstanding and subject to satisfaction of the associated service-based vesting condition, and any tranche that is not earned pursuant to the foregoing will be forfeited. Had there been such a Change in Control transaction on December 31, 2024 , the last trading day of 2024 , each of Messrs. Schwartz, Redett, and Finn and Ms. LoBue would have been deemed to have earned the following numbers of PSUs, having the following values based on our closing market price of $50.49 per share on December 31, 2024 , because our closing price on December 27, 2024, the second to last trading day immediately preceding December 31, 2024, was $50.87, which is between the first and second stock price hurdle, with the second stock price hurdle having not yet been achieved: Mr. Schwartz - 63,347 PSUs with a value of $3,198,391; Mr. Redett - 58,794 PSUs with a value of $2,968,510; Ms. LoBue - 14,698 PSUs with a value of $742,103; and Mr. Finn - 58,794 PSUs with a value of $2,968,510 . If there is a Change in Control and the applicable named executive officer’s employment is terminated by Carlyle without Cause within two (2) years following such Change in Control, or if such a termination occurs after the date that definitive documentation for a sale transaction is entered into but before such transaction has been consummated and, in either case, while any portion of the PSUs remain outstanding and unvested, then any PSUs that remain outstanding as of the date of such termination (after application of the foregoing treatment for a Change in Control that meets the requirements of Section 2(g)(i) of the Equity Incentive Plan) will vest . Had these events occurred on December 31, 2024, the last trading day of 2024, each of Messrs. Schwartz, Redett, and Finn and Ms. LoBue would have vested in the PSUs that were deemed earned pursuant to the foregoing paragraph, having the values set forth above. The Stock Price Appreciation