Company: NOTV
Filing Date: 2025-01-23
Form Type: DEF 14A
Source: 0001628280-25-002250
Chunk: 15

Company: Inotiv, Inc.
Filing Date: 2025-01-23
Form: DEF 14A
Chunk 15
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elho was appointed to the Board effective October 16, 2023, she was granted 12,911 RSUs, which vested on April 1, 2024.

Beginning in fiscal 2025, directors have the ability to defer the settlement of the annual award of RSUs that they receive.

Business Expenses

The directors are reimbursed for their business expenses related to their attendance at the Company meetings, including room, meals, and transportation to and from Board and committee meetings. Directors are also encouraged to attend educational programs related to Board issues and corporate governance, which are reimbursed by the Company.

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Non-Employee Directors’ Compensation Table

The following table shows information regarding the compensation of the Company’s non-employee directors for fiscal 2024.

| Name                       |     | Fees Paid in 
 Cash ($)     |         |     | Stock  
 Awards 
 ($)1   |        |     | Total ($) |         |
| Nigel Brown, Ph.D.         |     |              |  77,500 |     |        | 44,275 |     |           | 121,775 |
| Terry Coelho2              |     |              |  81,334 |     |        | 74,090 |     |           | 155,424 |
| Gregory C. Davis, Ph.D.3   |     |              | 104,291 |     |        |      — |     |           | 104,291 |
| Michael J. Harrington4     |     |              |  45,146 |     |        | 44,275 |     |           |  89,421 |
| Richard A. Johnson, Ph.D.2 |     |              |  20,625 |     |        |      — |     |           |  20,625 |
| David Landman              |     |              |  70,000 |     |        | 44,275 |     |           | 114,275 |
| R. Matthew Neff            |     |              | 102,500 |     |        | 44,275 |     |           | 146,775 |

1 Represents the aggregate grant fair value of the RSUs granted in fiscal 2024 in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718. The grant date fair value was calculated by multiplying the average of the high and low sales prices of our common shares