Company: CF
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001104659-25-027767
Chunk: 104

Company: CF Industries Holdings, Inc.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 104
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Us will be paid a cash equivalent of the dividends paid on our common stock during the performance and vesting period based on the number of shares of stock, if any, delivered in settlement of the PRSUs. The accelerated vesting provisions and the other terms and conditions of the stock awards granted in 2024 are described above under the heading “Compensation Discussion and Analysis — Review and Approval of 2024 Long-term Incentives.” (4) Reflects RSUs awarded in 2022, 2023 and 2024 and PRSUs awarded in 2022 (for which the performance period ended on December 31, 2024). In accordance with SEC rules, the number of PRSUs reported is based on the actual number of shares underlying the PRSUs that were earned at the end of the three-year performance period, subject to continued time vesting until the certification of the attainment of the performance goals no later than the last day of the fiscal quarter immediately following the end of the three-year performance period. The performance goals actually attained were above the target level, resulting in the vesting of 137% of the target PRSUs awarded in 2022. (5) Reflects PRSUs awarded in 2023 (for which the performance period ends on December 31, 2025) and 2024 (for which the performance period ends on December 31, 2026). With respect to the units awarded in 2023 and 2024, actual performance through December 31, 2024 was above the threshold level, but below the target level and, in accordance with SEC rules, the number of 2023 units and 2024 units reported assumes achievement of the target performance level. With respect to the units awarded in 2023, the amount shown represents the full 2023 PRSU award. With respect to the units awarded in 2024, the amount shown represents the full 2024 PRSU award. See the Summary Compensation Table footnote 2 for further information on the full value of the 2024 PRSU grant. (6) The value shown is based on the closing price for our stock ($85.32 per share) on the NYSE on December 31, 2024. 91

TABLE OF CONTENTS

Option Exercises and Stock Vested The following table sets forth certain information concerning stock option exercises by each of the named executive officers and the vesting of RSUs and PRSUs held by each of the named