Company: AIP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001193125-25-091349
Chunk: 36

Company: Arteris, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 36
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 goals. The 2024
annual bonuses for Messrs. Janac, Moll and Hawkins were targeted at 92%, 35% and 52% of their respective base salaries. Our Board has historically reviewed these target percentages to ensure they provide appropriate incentives to achieve the
performance objectives established for the year. Our Board set these rates based on each NEO’s experience in the NEO’s role with us and the level of responsibility held by the NEO, which we believe directly correlates to the NEO’s
ability to influence corporate results.

For determining performance bonus amounts, our Board sets certain corporate performance
goals after receiving input from our Chief Executive Officer. Following its review and determinations of corporate and individual performance for 2024, our Board determined an achievement level of 94% of the target bonuses for each of Messrs. Janac,
Moll and Hawkins. The actual amount of the 2024 annual bonus paid to each NEO for 2024 performance is set forth above in the Summary Compensation Table in the column titled “Non-Equity Incentive Plan
Compensation.”

Equity-Based Compensation

In February 2024, in connection with our annual compensation review, we granted to each named executive officer an award of RSUs (117,500
RSUs for Mr. Janac, 80,000 RSUs for Mr. Moll and 64,000 RSUs for Mr. Hawkins). The RSUs vest with respect to 1/16 of the underlying shares over 16 quarters starting on
April 1, 2024, subject to the applicable named executive officer’s continued service through the applicable vesting date.

Practices and Policies Relating to the Grant of Certain Equity Awards

During 2024, we did not grant any stock options to our named executive
officers, as grants of stock options are not a component of our executive compensation program. Consequently, during 2024, we did not have a formal policy with respect to the timing of such grants in relation to the disclosure of material nonpublic
information by the Company.

During 2024, there were no equity grants made to our named executive officers during any period
beginning four business days before the filing of a periodic report or current report disclosing material non-public information and ending one business day after the filing or furnishing of such report with
the SEC.

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Other Elements of Compensation Retirement Savings and Health and Welfare Benefits We currently maintain a 401(k) retirement savings plan with matching contributions for our U.S. employees