Company: TTMI
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000950170-25-038317
Chunk: 81

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 81
---
                 | $ | 2,702,600 |     | — |     |               |   |         — |     |                  | $ | 2,702,600 |
|                  | Severance(5)          |     | — |     |                 |   |         — |     | — |     |               | $ | 1,944,391 |     |                  | $ | 1,944,391 |
| Philip Titterton | Accelerated RSUs(4)   |     | — |     |                 | $ | 1,703,436 |     | — |     |               | $ | 1,703,436 |     |                  | $ | 1,703,436 |
|                  | Accelerated PRUs(4)   |     | — |     |                 | $ | 3,096,516 |     | — |     |               |   |         — |     |                  | $ | 3,096,516 |
|                  | Severance(5)          |     | — |     |                 |   |         — |     | — |     |               | $ | 2,052,325 |     |                  | $ | 2,052,325 |

Amounts represented in the table do not include restricted stock units or performance-based restricted units that are fully vested, earned salary, and accrued vacation, as those items are earned and due to the named executive officer regardless of such termination or change in control events. It also does not include amounts payable under life insurance coverage, our accidental death and dismemberment coverage or our business travel accident coverage, which are programs available to all of our full-time employees. The amounts listed assume that the termination or change in control event took place on December 30, 2024.

Assumes that the RSUs and PRUs are not assumed by the acquiring entity in connection with the change in control.

Assumes that the RSUs and PRUs are assumed by the acquiring entity in connection with the change in control.

The amount listed for accelerated RSUs and PRUs is based on the closing price of our common stock on December 30, 2024.

The amount listed is calculated with the formula described above using an annual target bonus of 125% of base salary for Mr. Edman and 80% of base salary for each of Messrs. Boehle, Soder, Titterton and Ms. Gridley for fiscal year 2024, which represents