Company: MRCY
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001049521-25-000029
Chunk: 33

Company: MERCURY SYSTEMS INC
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 33
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 appreciation rights;

• the plans prohibits discounted grants of stock options or stock appreciation rights;

• the plan does not allow for "liberal share counting" (that is, reuse of shares tendered, exchanged, or withheld to cover withholding taxes or option exercise costs, or reuse of shares underlying an award of stock appreciation rights once such stock appreciation rights are exercised);

• the plan does not contain any "evergreen" provisions that automatically add shares to the plan reserve;

• the plan does not contain tax gross-ups;

• the plan prohibits payment of dividends or dividend equivalents on unvested awards or unexercised stock options or stock appreciation rights;

• the plan contains limits on individual awards granted to directors;

• the plan contains minimum vesting periods;

• the plan allows awards to be clawed back if the participant engages in detrimental activities;

• the plan is administered by a committee of independent directors;

• we regularly present our equity incentive plan to shareholders for approval;

• the Company's financial restatement clawback policy allows executive awards to be clawed back regardless of individual fault and applies to both performance- and time-based awards;

• we require executives and directors to comply with meaningful stock ownership guidelines; and

• we prohibit hedging and pledging of Company stock.

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Updated Share Information as of August 25, 2025, the Record Date

The information included in this proxy statement and our 2025 Annual Report is updated by the following information regarding all existing equity compensation plans as of August 25, 2025:

| Total number of shares underlying stock options outstanding(1)                          |     |   |    934,000 |            |
|:----------------------------------------------------------------------------------------|:----|:--|-----------:|:-----------|
| Weighted-average per-share exercise price of stock options outstanding                  |     | $ |      45.00 |            |
| Weighted-average remaining term of stock options outstanding                            |     |   |            | 2.47 years |
| Total number of shares underlying full value awards outstanding                         
 (includes restricted stock units, deferred stock units, and performance stock units)(2) |     |   |  1,919,083 |            |
| Total number of shares remaining available for future grants under the 2018 Plan(3)     |     |   |  2,493,693 |            |
| Total number of shares of common stock outstanding as of the Record Date                |     |   | 60,020