Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 101

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 101
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3, 2027; and (v) Mr. Frost’s RSUs granted on June 17, 2024 will vest on January 3, 2027. We will pay dividend equivalents in cash on the RSUs to the named executive officers during the vesting period. The terms and conditions of these RSU awards are described above under the heading “Compensation Discussion and Analysis — Review and Approval of 2024 Long-term Incentives.” 88 TABLE OF CONTENTS (5) Amounts in this column represent the grant date fair value computed in accordance with FASB ASC Topic 718 of the RSU and PRSU awards that we granted to the named executive officers during 2024. The grant date fair value for the RSUs is calculated using the closing price of our stock on the NYSE on the date of grant ($82.70 per share for January 3, 2024, $76.84 per share for February 1, 2024 and $74.02 per share for June 17, 2024). The grant date fair value for the PRSUs are calculated using a Monte Carlo simulation valuation performed as of the date of grant by an independent third party. For the January 3, 2024 PRSU awards, the dollar value of the PRSU1s at the time of grant was $86.35 per unit, the dollar value of the PRSU2s at the time of grant was $82.04 per unit and the dollar value of the PRSU3s at the time of grant was $92.29 per unit. For the June 17, 2024 PRSU award, the dollar value of the PRSU1 at the time of grant was $75.83. The aggregate grant date fair value of the PRSUs is calculated based on the probable outcome of the performance conditions as of the grant date. Our assumptions with respect to the FASB ASC Topic 718 valuation of these equity awards are described in the footnotes to our audited financial statements as of and for the year ended December 31, 2024. 89

TABLE OF CONTENTS

Outstanding Equity Awards at Fiscal Year End The following table sets forth certain information concerning the outstanding equity awards held as of December 31, 2024 by each of the named executive officers. Additional information with respect to the equity awards granted during 2024 is set forth above under the heading “Grants of Plan-based Awards.” 2024 Outstanding Equity Awards