Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 380

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 380
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4)Diana W. ReidSERP Benefit$—$—$—$—$—Michael T. HutchinsSERP Benefit—72,675157,477—1,140,912James M. WhitlingerSERP Benefit—47,17524,752—536,498Anil D. HindujaSERP Benefit—72,675162,634—1,017,532Heidi L. MasonSERP Benefit—72,6754,463—141,765Sonu MittalSERP Benefit—45,0981,371—46,469Michael J. DeVitoSERP Benefit——2,204—45,741Christian M. LownSERP Benefit—15,30049,881—296,347Jerry WeissSERP Benefit—72,675407,631—2,704,273SERP II Benefit——135,090—640,351

(1)The SERP and SERP II do not allow for employee contributions.

(2)Amounts reported reflect accruals under the SERP during 2024, including the 2.5% contribution accruals which will be allocated to NEO accounts in 2025. These amounts are also reported in the "All Other Compensation" column in Table 64 - Summary Compensation Table.

(3)Amounts reported represent the total interest and other earnings credited to each NEO under the SERP and SERP II Benefits in 2024.

(4)Amounts reported reflect the accumulated balance under the SERP and SERP II Benefits for each NEO and include the plan year 2024 accruals noted in footnote 2 above. All NEOs are fully vested in their SERP, and for Mr. Weiss, his SERP II Benefit account balance. The following 2023 SERP Benefit accrual amounts were reported in the "All Other Compensation" column in the 2023 Summary Compensation Table as compensation for each NEO for whom accruals were made during 2023: Mr. DeVito: $22,950, Mr. Hutchins: $73,950, Mr. Hinduja: $73,950, Mr. Lown: $73,950. See our Annual Report on Form 10-K filed on February 14, 2024.

Potential Payments Upon Termination of Employment

The EMCP addresses the treatment of Base Salary and Deferred Salary upon various termination events. Base Salary ceases upon an NEO's termination of employment, regardless of the termination reason. An NEO