Company: PRGO
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0000950170-25-035751
Chunk: 54

Company: PERRIGO Co plc
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 54
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3 and 2024 grants, as more fully described in the section entitled 2024 Executive Compensation Program in Detail - Long-Term Incentive Award Opportunities in the Compensation Discussion and Analysis. As of December 31, 2024, the number of unearned units for the 2022 award was calculated using vesting credits of 91%, 155% and 99% for 2022, 2023 and 2024, respectively; the number of unearned units for the 2023 award was calculated using vesting credits 78% and 99% for 2023 and 2024, respectively, and assuming 100% for 2024; the number of unearned units for the 2024 award was calculated using a vesting credit of 81% for 2024, and assuming 100% for 2025 and 2026. Option Exercises and Stock Vested in 202 4 The following table provides information for each NEO concerning the vesting of restricted stock during 2024. No NEO exercised options in 2024.

|                         |    Stock Awards |                |
| Name                    |       Number of 
 Shares Acquired 
      on Vesting 
          (#)(1) | Value Realized 
     on Vesting 
         ($)(2) |
| Patrick Lockwood-Taylor |          40,163 |      1,090,827 |
| Eduardo Bezerra         |           9,402 |        258,890 |
| Kyle L. Hanson          |           6,194 |        167,647 |
| Ronald Janish           |          19,119 |        530,242 |
| Roberto Khoury          |               — |              — |
| Grainne Quinn           |          14,619 |        405,439 |
| Triona Schmelter        |           3,611 |         90,022 |

1) Represents service-based restricted stock units and performance-based restricted stock units issued under the LTIP. 2) The value realized on vesting was calculated using the closing price of Perrigo shares on the day the awards vested. Non-Qualified Deferred Compensation in 2024 The Deferred Compensation Plan allows participants to defer as much as 80% of base salary and 100% of incentive compensation with no dollar amount cap. Participation in the plan is limited to the executive officers (including the NEOs) and other management level personnel. Amounts deferred under the Deferred Compensation Plan earn