Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 358

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 358
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esting CriteriaRSUs are exercisable based on the terms outlined in the applicable award agreement. The RSUs generally vest over a period of one to three years. The fair value of RSUs is determined using the closing market price of the Company’s common stock on the date of grant. A summary of RSU activity under the Stock Plans for the fiscal year ended December 28, 2024 is presented below. 

        Weighted Average

        Grant Date Fair

        Shares

        Value

        Outstanding at December 30, 2023

        2,657

        $
        7.75

        Granted

        4,810

        $
        1.32

        Vested

        (1,318
        )
         
        $
        6.59

        Forfeited

        (2,061
        )
         
        $
        4.76

        Outstanding at December 28, 2024

        4,088

        $
        2.06

       The weighted average grant date fair value of RSUs granted was $1.32, $7.43 and $6.69 for the fiscal years ended December 28, 2024, December 30, 2023 and December 31, 2022, respectively. The total fair value of RSUs vested during the fiscal years ended December 28, 2024, December 30, 2023 and December 31, 2022 was $8,692, $7,943 and $14,576, respectively.Performance-Based Stock Unit Awards with Time- and Performance-Vesting CriteriaIn fiscal 2024, the Company granted 598 PSUs having both time- and performance-vesting criteria. The time-vesting criteria for these PSUs will be satisfied upon continued employment (with limited exceptions) on the third anniversary of the grant date. The performance-vesting criteria for these PSUs will be based on a relative total shareholder return performance goal, measuring the Company’s stock price performance against the performance of the Russell 2000 Index from the start of fiscal 2024 through the end of fiscal 2026.

F-34

WW INTERNATIONAL, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (IN THOUSANDS, EXCEPT PER SHARE AND PER UNIT AMOUNTS)  

The Company estimated the fair value of the PSUs granted in fiscal 2024 to