Company: ICUI
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000883984-25-000010
Chunk: 71

Company: ICU MEDICAL INC/DE
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 71
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 |     |      |    142,735 |     |                    |     79,455 |
| Total Shares (1)                            |     |      |    170,807 |     |      |    205,425 |     |      |    366,634 |     |                    |    247,622 |
| PSUs Granted (2)                            |     |      |     60,383 |     |      |     78,213 |     |      |    150,218 |     |                    |     96,271 |
| Weighted Average Shares Outstanding - Basic |     |      | 23,868,132 |     |      | 24,091,055 |     |      | 24,387,645 |     |                    | 24,115,611 |

____________________________

(1) Reflects the aggregate amount of options and restricted stock units granted, and PSUs vested, in the applicable year.

(2) Reflects PSU awards granted in the applicable year based on the achievement of “target” performance goals.

• An additional metric that we use to measure the cumulative dilutive impact of our equity‑based awards program is fully diluted overhang, which is the sum of (1) the number of shares subject to equity awards outstanding (with PSUs counted assuming “target” performance for this purpose), but not exercised or settled and (2) the number of shares available to be granted under our equity compensation plans, divided by the sum of (1) the total common shares outstanding, (2) the number of shares subject to equity awards outstanding but not exercised or settled, and (3) the number of shares available to be granted under our equity compensation plans. Our approximate overhang as of March 8, 2025 was 5.0%. If the Amendment had been approved as of such date, our approximate potential overhang would increase to 12.3% and then would decline over time.

• If we exhaust the share reserve under the Plan without approval of the Amendment, we would lose an important element of our compensation program that is essential to attract, motivate and retain highly qualified talent, and that aligns the interests of our employees with our stockholders.

• In light of the factors described above, the Board believes that the size of the share reserve proposed by the Amendment is reasonable and appropriate at this time.

#### Stockholder Approval
As mentioned above, if this Amendment is approved then an aggregate of 8,515,510