Company: PCOR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093502
Chunk: 58

Company: PROCORE TECHNOLOGIES, INC.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 58
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2024 Form 10-K. The value of the PSUs granted to our CEO in 2024 ($3,860,840) represents the probable outcome of the performance conditions at the time of grant, which is assumed to be the target level of achievement. The value of the PSUs granted to our CEO in 2024 assuming the maximum level of performance achievement would be $7,239,013. The amounts disclosed in this column do not reflect the actual economic value that may be realized by the named executive officer. Please refer to the table titled “Outstanding Equity Awards at Fiscal Year-End” beginning on page 52 of this Proxy Statement for additional information. |

| (2) | The amounts in this column for fiscal year 2022, 2023, and 2024 reflect cash incentives earned by our named executive officers under our 2022 corporate bonus program, the 2023 Bonus Program, and the 2024 Bonus Program, respectively, as determined by our Compensation Committee. Please refer to the section titled “Narrative Disclosure to Summary Compensation Table and Grants of Plan-Based Awards Tables—Non-Equity Incentive Plan Compensation” beginning on page 51 of this Proxy Statement for a description of the material terms pursuant to which this compensation was earned. |

| (3) | The amounts reported in 2024 include (i) matching 401(k) plan contributions of $5,000 for each of Messrs. Courtemanche, Fu, Singer, Davis, and Stack, (ii) employee appreciation gifts of $242 for Mr. Fu, $294 for Mr. Singer, and $699 for Mr. Davis, and (iii) $9,506 for Mr. Stack’s spouse to travel to two Company events with Mr. Stack, and $2,051 to cover taxes relating to his spouse’s travel to such events. |

| (4) | Mr. Fu was not a named executive officer in fiscal year 2022. |

| (5) | Mr. Stack commenced employment with us on February 15, 2024. |

| (6) | The amount disclosed represents a one-time signing bonus paid to the named executive officer in connection with the named executive officer’s commencement of employment with the Company. |

| (7) | Mr. Davis commenced employment with us on August 15, 2022. |

| 48 |     | PROCORE TECHNOLOGIES, INC. 2025 PROXY STATEMENT |

Executive Compensation| Grants of Plan-Based