Company: CRK
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056747
Chunk: 47

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 47
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th Percentile of Peer Group       |     | 200% of Target   |
| Target               |     | 50th Percentile of Peer Group       |     | 100% of Target   |
| Threshold            |     | 20th Percentile of Peer Group       |     | 50% of Target    |
| Below Threshold      |     | Below 20th Percentile of Peer Group |     | 0% of Target     |

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The committee approved the following natural gas producer peer and index group to measure the Company's TSR performance:

| Antero Resources Corporation | Range Resources Corporation  |
| CNX Resources Corporation    | SPDR S&P Oil and Gas         |
| Coterra Energy, Inc.         | Exploration & Production ETF |
| EQT Corporation              | Silverbow Resources, Inc.    |
| Expand Energy Corporation    | Southwestern Energy Company  |

For performance that falls between threshold and target or between target and maximum, the number of PSUs earned is determined through interpolation. In the event that the Company's TSR is negative, the percentage of the target number of PSUs earned is limited to 100% of the target award. If performance is below the threshold level, no PSUs will be earned. The number of PSUs earned at the end of a performance period will be settled in a like number of shares of our common stock. Generally, an NEO also must remain employed with us through the end of the performance period for any PSUs to be earned so that the PSUs provide an additional retention incentive as well as an incentive to create value for our stockholders. Payout of 2021 PSUs. In 2021, the compensation committee awarded PSUs that would be earned based on the Company's relative TSR over a three-year performance period that ended during 2024. These PSUs vested at 175% of target due to the Company's TSR of 104%, which placed it in the 80th percentile of the peer group used to measure TSR performance during the performance period for the awards. The peer group and other terms of these awards are disclosed in the Company's proxy statement filed in 2022. Deferred Compensation Plan We cover each of our NEOs under a deferred compensation plan which is funded through life insurance. The purpose of this plan is to provide each NEO additional savings for their retirement as well as additional life insurance protection. Under this plan, we contribute an amount equal to five percent of each NEO's annual cash compensation