Company: SPR
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015209
Chunk: 52

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 52
---
-RGs granted in 2023, with a performance period running from January 1, 2023, to December 31, 2025. The number of shares and market value shown reflects the achievement of a maximum performance goal based on RG performance for the fiscal year ended December 31, 2024. The award will vest upon performance certification by the Compensation Committee following the end of the performance period. Please see Appendix A for an explanation of non-GAAP measures. See also “Compensation Discussion and Analysis — Spirit-Boeing Merger Agreement for treatment of performance-based awards in connection with the Merger. |

| (7) | Represents 2023 sign on RSUs granted on September 30, 2023 to Mr. Shanahan in connection with is employment agreement. The first tranche of the award vested on September 30, 2024, the second tranche will vest on September 30, 2025, and the third tranche will |

46

TABLE OF CONTENTS

vest on September 30, 2026, subject to his continued employment on each vesting date. However, Mr. Shanahan became retirement eligible in 2024 and, accordingly, will become 100% vested in the RSUs when he departs from the Company. This retirement eligibility required the Company to withhold shares for certain tax purposes in the year of eligibility. For this reason, Mr. Shanahan’s amounts for the RSUs are shown as net shares, because shares were disposed of for tax purposes in the year of grant in accordance with IRC requirements.

| (8) | Represents RSUs granted on May 6, 2024 to Ms. Esteves in connection with her service as a non-employee director of our Board and will vest on the next annual meeting date following the date of grant (or in connection with the consummation of the Merger, if earlier). |

| (9) | Represents 2024 sign on RSUs granted on March 18, 2024 to Mr. Brown in connection with his employment agreement. The first tranche of the award vested on December 4, 2024, and the second and third tranches of the award will vest on April 15, 2026, and April 15, 2027, respectively, if the NEO continues to be employed by the Company on each vesting date. |

Option Exercises and Stock Vested for Fiscal Year 2024 The following table presents information regarding NEO stock awards that vested in