The company said it will raise Lisa T. Su's annual base salary from $1,260,000 to $1,323,000 and Jean Hu's from $760,000 to $800,000, effective July 1, 2025.

1. 01

   The company said it will raise Lisa T. Su's annual base salary from $1,260,000 to $1,323,000 and Jean Hu's from $760,000 to $800,000, effective July 1, 2025.

2. 02

   The company said it plans to grant equity awards under its 2023 Equity Incentive Plan on August 15, 2025, with target value awards of $33,000,000 to Lisa T. Su, $10,000,000 to Mark Papermaster and $8,500,000 to Jean Hu.

3. 03

   The company said it will convert Dr. Su's target value into 75% performance-based restricted stock units (PRSUs) and 25% time-based stock options. It said the target value of Ms. Hu, Ms. Hahn, Mr. Papermaster and Mr. Norrod will be converted into 60% PRSUs, 20% stock options and 20% time-based restricted stock units (RSUs).

4. 04

   The company said the PRSUs earned will range from 0% to 250% of the recipient's target number of PRSUs. It said the earned amount will be based on relative total shareholder return (TSR) against each S&P 500 component company from August 15, 2025 to August 15, 2028, ranging from 0% to 200%. It added that an additional 0%, 25% or 50% will be earned based on non-GAAP earnings per share (EPS) for fiscal 2027.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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