Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 92

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 92
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| Unvested at end of the period       |     |                                      |  341 |   |     | $                                                | 1.79 |     |                   |    838 |   |     | $                                                | 6.42 |

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As of June 30, 2024 and 2023, all outstanding stock options and vested stock options had no intrinsic value as the exercise prices of the respective options exceeded the Company's stock price on such dates. There were no options exercised during the year ended June 30, 2024. The intrinsic value of stock options exercised during the year ended June 30, 2023 was $6.2 million.

Full Value Awards (Restricted Share Units, Performance Share Units and Director Share Units)

The following table summarizes RSU, DSU and PSU activity under the Incentive Plan for each of the periods presented.

|                              |     | Serviced-Based Shares                 
 (In thousands, except per share data) |        |   |     | Weighted Average Grant Date Fair Value per Share |       |     | Performance- Based Shares |        |   |    | Weighted Average Grant Date Fair Value per Unit |       |     | Total Shares |        |   |
|:-----------------------------|:----|:--------------------------------------|-------:|:--|:----|:-------------------------------------------------|------:|:----|:--------------------------|-------:|:--|---:|:------------------------------------------------|------:|:----|:-------------|-------:|:--|
| Non-vested shares/units      
 outstanding at June 30, 2022 |     |                                       |   48.8 |   |     | $                                                | 18.03 |     |                           |   19.2 |   |    |                                                 |     — |     |              |   68.0 |   |
| Granted                      |     |                                       |  322.5 |   |     |                                                  |  8.97 |     |                           |  181.4 |   | -2 |                                                 |  7.93 |     |              |  503.9 |   |
| Vested                       |     |                                       |  (61.1 | ) |     |                                                  | 12.66 |     |                           |      — |   |    |                                                 |     — |     |              |  (61.1 | ) |
| Forfeited