Company: CNDT
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001677703-25-000062
Chunk: 60

Company: CONDUENT Inc
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 60
---
 shares that can be earned at threshold performance, or 50%. The maximum number of shares that can be earned is the granted shares adjusted by a positive 50%.

(C) For RSUs granted to Messrs. Skelton, Wood, Krawitz and Prout, this column includes RSUs granted under the LTIP on April 1, 2024, which vest ratably on December 31, 2024, December 31, 2025 and December 31, 2026. The number of RSUs was determined by dividing the approved values of the respective awards by the closing stock price on the April 1, 2024 grant date ($3.27) and rounding the number of shares down to the nearest share. For the RSUs granted to Mr. McDaniel, this column includes RSUs granted under the LTIP on July 31, 2024. The number of RSUs was determined by dividing the approved value of the award by the closing stock price on the July 31, 2024 grant date ($4.08) and rounding down to the nearest share.

(D) The value reported in this column represents the grant date fair value of these awards determined in accordance with FASB ASC Topic 718. These values are recorded over the requisite serviced period as required by FASB ASC Topic 718. See footnote (B) to the “Summary Compensation Table” and the “Long-Term Incentives” section in the CD&A for additional information on these equity awards.

For a description of the material features of the compensation disclosed in the Grants of Plan-Based Awards in 2024 table see the “Short-Term Incentives” and the “Long-Term Incentives” section of the CD&A.

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#### Outstanding Equity Awards at 2024 Fiscal Year-End
The following table summarizes the unvested stock awards held by the named executive officers at the end of fiscal year 2024. There are no outstanding stock option awards.

| Name             |     | Grant     
 Date      |     |                      | Grant 
 Type  |     |                      | Number of      
 Shares or      
 Units of Stock 
 That Have Not  
 Vested         
 (#) (1)        |     |           | Market Value   
 of Shares or   
 Units of Stock 
 That Have Not  
 Vested         
 ($) (2)        |     |         | Equity          
 Incentive       
 Plan Awards:    
 Number of       
 Unearned