Company: BWMN
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001193125-25-087211
Chunk: 22

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 22
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,951 |     |                 | 66,294 |     |                 |  37,650 |     |       | 1,236,426 |
| Michael Bruen (1)                      |     |      | 2024 |     |           | 491,289 |     |          |         |     |           |   736,771 |     |                 |      — |     |                 |  37,650 |     |       | 1,265,710 |
| Former President                       |     |      | 2023 |     |           | 475,134 |     |          |         |     |           | 1,281,670 |     |                 |      — |     |                 |  36,650 |     |       | 1,793,454 |

| 2) | Salary is subject to increase annually by the greater of (i) 3% or (ii) such amount as may be determined by the compensation committee. Mr. Labovitz’s salary increased from $491,289 to $500,000 on July 1, 2024. See “2024 Compensation Arrangements – Employment Agreements”. |

| 3) | Represents a one-time cash bonus of $245,644 granted by the Board to Mr. Labovitz in May 2024 in recognition of his contributions on capital market matters in the first four months of 2024. |

| 4) | The amounts in this column for 2024 include the following: |

| i. | For all the named executive officers, the grant date fair value of performance-based restricted stock units granted under the Long-Term Incentive Plan in February 2024 for the performance period January 1, 2024, through December 31, 2026, based on the original grant date of February 8, 2024. The grant date fair value of the performance-based restricted stock units was computed based on the probable outcome of the performance target as of the grant date which was the maximum level of achievement of the performance target. The value of the performance-based restricted stock units at the grant date assuming the maximum (or highest) level of performance achieved is as follows: Mr. Bowman—$1,877,827; Mr. Labovitz—$549,789; Mr. Hickey—$529,925; and Mr. Bruen—$549,789. |

| ii. | For Messrs. Labov