Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 47

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 11
Chunk 47
---
Fair value as of prior fiscal year-end of awards granted in prior fiscal years that failed to meet applicable vesting conditions during fiscal year— — — — — — — (214,613)Compensation Actually Paid1,725,357 1,480,839 2,137,587 1,046,244 3,627,663 1,422,254 (1,989,647)1,326,797 

Relationship between “Compensation Actually Paid” and Performance 

Below are the graphs showing the relationship of “compensation actually paid” to our CEO and our non-CEO NEOs in fiscal 2022, 2023, 2024 and 2025 to (1) TSR, (2) the Company’s net income and (3) the Company’s Adjusted EBITDA. 

Compensation Actually Paid (CAP) vs TSR

nAverage CAP to NEOsnCAP to CEO—TSR—Peer Group TSR

109

Compensation Actually Paid (CAP) vs Net Income

nAverage CAP to NEOsnCAP to CEO—Net Income

Compensation Actually Paid (CAP) vs Adjusted EBITDA

nAverage CAP to NEOsnCAP to CEO—Adjusted EBITDA

Listed below are the financial and non-financial performance measures which in our assessment represent the most important financial performance measures we used to link compensation actually paid to our NEOs, for fiscal 2025, to company performance:

•Revenue

•Adjusted EBITDA

•Monthly recurring revenue

110

Policies and Practices for Granting Certain Equity AwardsThe Board, at the recommendation of the Compensation Committee, approves all equity award grants to our NEOs on or before the grant date. The Compensation Committee’s general practice is to complete its annual executive compensation review and determine performance goals and target compensation for our NEOs, following which they make a recommendation to the Board, which in turn reviews the recommendation and approves equity awards for our NEOs. Accordingly, annual equity awards are typically determined at the first Compensation Committee meeting of the fiscal year and reviewed and approved at the first Board meeting of the fiscal year. These grants are then made effective shortly during a scheduled open trading window. On occasion, the Board may, at the recommendation of the Compensation Committee, grant equity awards outside of our annual grant cycle for new hires, promotions, recognition, retention or other purposes. While the Board has discretionary authority to grant equity awards to our NEOs outside of the cycle