Company: MCW
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052554
Chunk: 55

Company: Mister Car Wash, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 55
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 | -2 |                     | 128,761 |     | -3 |           | 202,319 |

(1) Amounts reflect the full grant-date fair value of stock awards granted during 2024 computed in accordance with ASC Topic 718, rather than the amounts paid to or realized by the named individual. We provide information regarding the assumptions used to calculate the value of all stock awards made to our directors in Note 14 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2024. (2) Amount reflected is prorated based on installation as a new board member for 105 days in 2024. (3) Amount reflects an additional grant in February 2024 for installation as a new board member for 105 days in 2024. The table below shows the aggregate numbers of unvested stock awards held as of December 31, 2024, by each non-employee director.

| Name            |     | Unvested Stock Awards Outstanding at FYE |        |
| Jodi Taylor     |     |                                          | 14,684 |
| Veronica Rogers |     |                                          | 14,684 |
| Dorvin Lively   |     |                                          | 14,684 |
| Ronald Kirk     |     |                                          | 14,684 |
| Atif Rafiq      |     |                                          | 14,684 |

In connection with our IPO, we adopted a non-employee director compensation policy that is applicable to each of our non-employee directors (other than those who are affiliated with LGP, who are not compensated for their director responsibilities). Pursuant to this non-employee director compensation policy, each such non-employee director will receive a mixture of cash and equity compensation. Pursuant to this policy, each eligible non-employee director will receive an annual cash retainer of $75,000 that will be paid quarterly in arrears. The chairperson of the Audit Committee will receive an additional annual cash retainer of $25,000, the chairperson of the Compensation Committee will receive an additional annual cash retainer of $25,000, and the chairperson of the Nominating and Corporate Governance Committee will receive an additional annual cash retainer of $25,000. Members of multiple committees received an additional annual cash retainer of $10,000. Also, pursuant to this policy, we intend to grant all eligible non-employee directors an initial equity award of restricted stock units that