Company: ARVN
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001655759-25-000075
Chunk: 61

Company: ARVINAS, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 61
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 base salary as of December 31, 2024, assuming 100% corporate goal achievement. There were no threshold or maximum amounts. As described in more detail above, in 2024 each of our named executive officers, other than Dr. Cacace, Dr. Houston and Dr. Teel, had an individual bonus target of 45% of his or her base salary, as applicable, which was tied solely to the achievement of our corporate goals for 2024. Dr. Cacace had an individual bonus target of 40% of her base salary until she was appointed as our Chief Scientific Officer, at which time her individual bonus target was increased to 45% of her base salary, and which was likewise tied solely to the achievement of our corporate goals for 2024. Dr. Houston had an individual bonus target of 60% of his base salary, which was likewise tied solely to the achievement of our corporate goals for 2024. Dr. Teel had an individual bonus target of 40% of his base salary until he was appointed as our Chief Business Officer effective April 21, 2024 at which time his individual bonus target was increased to 45% of his base salary, and each of which was likewise tied solely to the achievement of our corporate goals for 2024. Actual amounts paid to each named executive officer under our annual cash incentive plan

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are included in the “Non-Equity Incentive Plan Compensation” column of the 2024 Summary Compensation Table above.

(3) Reflects the fair value of time-based Options and RSUs on the date of grant calculated in accordance with ASC 718. For a discussion of the assumptions used in the valuation of the time-based Options and RSU awards grant ed to our named executive officers in 2024, see footnote 1 to the 2024 Summary Compensation Table above.

(4) Represents a grant of Options or RSUs to the named executive officer, whether as an annual grant or promotional grant. All Options and RSU awards vest as to 50% of the shares on the first anniversary and second anniversary of their grant date, or promotional date, as applicable.

(5) Represents an RSU granted in accordance with Nasdaq Listing Rule 5635(c)(4) and not pursuant the 2018 Plan. The RSU will vest over four years: 1/4 of the shares underlying the award shall vest on the first anniversary of the grant date,