Company: ACIW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000935036-25-000019
Chunk: 39

Company: ACI WORLDWIDE, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 39
---
 multiplier. On a quarterly basis, management evaluates the probability that the threshold performance goals will be achieved, if at all, and the anticipated level of attainment to determine the amount of compensation expense to record in the consolidated financial statements.A summary of nonvested TSRs is as follows:Number ofSharesWeighted AverageGrant Date Fair ValueNonvested as of December 31, 2024952,481 $35.21 Granted459,741 59.78 Vested(507,754)42.99 Forfeited(27,208)39.96 Change in payout rate253,877 42.99 Nonvested as of June 30, 20251,131,137 $43.34 During the six months ended June 30, 2025, a total of 507,754 TSRs granted in fiscal 2022 vested and achieved a payout rate of 200% based on the Company's total shareholder return as compared to a group of peer companies over a three-year performance period. The Company withheld 173,120 of those shares to pay the employee's portion of the minimum payroll withholding taxes.The fair value of TSRs granted during the six months ended June 30, 2025 and 2024, were estimated on the date of grant using the Monte Carlo simulation model, acceptable under ASC 718, Compensation - Stock Compensation, using the following weighted average assumptions:Six months ended June 30,20252024Expected life (years)2.32.7Risk-free interest rate4.0 %4.4 %Expected volatility33.2 %36.8 %Expected dividend yield— — Restricted Share UnitsA summary of nonvested restricted share unit awards ("RSUs") is as follows:Number ofSharesWeighted AverageGrant Date Fair ValueNonvested as of December 31, 20241,727,524 $29.95 Granted1,063,270 52.44 Vested(674,034)32.29 Forfeited(101,106)35.63 Nonvested as of June 30, 20252,015,654 $40.75 During the six months ended June 30, 2025, a total of 674,034 RSUs vested. The Company withheld 217,112 of those shares to pay the employees’ portion of the minimum payroll withholding taxes.

17

As of June 30, 2025, there