Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 59

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 59
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,938 | -6 |     |         |     |  1,536,944 |     |                | 1,527,188 |     |       51,010 | -7 |     |  3,866,080 |
| President, Kennedy Wilson Europe          |     |      |     |           |    |     |         |     |            |     |                |           |     |              |    |     |            |

(1) The values in this column reflect the aggregate grant date fair value of the RSU awards granted in 2024 computed in accordance with ASC Topic 718. The ROIA RSU award values are based on the probable outcome at the time of grant which was at the target payout level. The maximum values for the annual ROIA RSUs assuming the highest level of performance is achieved are $6,630,004, $2,166,678, $4,333,340, $1,733,334 and $1,166,672 for Mr. McMorrow, Mr. Enbody, Mr. Windisch, Mr. Lee and Mr. Pegler, respectively. The fair value of the TSR RSUs is estimated using a Monte Carlo simulation based on the probable outcome at the time of grant. Information regarding the valuation assumptions used in the calculations is included in Note 14 to the Company’s financial statements for the fiscal year ended December 31, 2024 contained in the Company’s Annual Report on Form 10-K. The maximum values for the TSR RSUs assuming the highest level of performance is achieved are $6,630,004, $2,166,678, $4,333,340, $1,733,334 and $1,166,672 for Mr. McMorrow, Mr. Enbody, Mr. Windisch, Mr. Lee and Mr. Pegler, respectively. (2) Includes $6,000 in Company contributions to Mr. McMorrow’s account in the Company’s tax qualified 401(k) savings plan; life-insurance premium payments of $1,092,279; and personal air travel expenses in the amount of $777,053, which represents the aggregate incremental cost to the Company for Mr. McMorrow’s personal use of private aircraft based on hourly flight charges and other variable costs incurred by the Company for such use, including variable fuel charges, departure fees, and landing fees. As discussed above, for security and efficiency reasons, Mr. McMorrow is required to use private aircraft for