Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
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Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
Evergy
The information required by this item regarding security ownership of the directors and executive officers of Evergy will be included in an amendment to this Form 10-K or will be incorporated by reference to the "Security Ownership of Directors, Management and Beneficial Owners" section of the Proxy Statement.
Evergy Kansas Central and Evergy Metro
The information required by this item regarding Evergy Kansas Central and Evergy Metro has been omitted in reliance on General Instruction (I) to Form 10-K.
Equity Compensation Plans
The Evergy Long-Term Incentive Plan permits the grant of restricted stock, restricted stock units, bonus shares, stock options, stock appreciation rights, director shares, director deferred share units, performance shares and other stock-based awards to directors, officers and other employees of Evergy.
The following table provides information, as of December 31, 2024, regarding the number of common shares to be issued upon exercise of outstanding options, warrants and rights, their weighted average exercise price, and the number of shares of common stock remaining available for future issuance. The table excludes shares issued or issuable under any defined contribution savings plans.
| Number of securities | |||||||||||||||||||||||||||||||||||
| Number of | remaining available | ||||||||||||||||||||||||||||||||||
| securities | for future issuance | ||||||||||||||||||||||||||||||||||
| to be issued upon | Weighted-average | under equity | |||||||||||||||||||||||||||||||||
| exercise of | exercise price of | compensation plans | |||||||||||||||||||||||||||||||||
| outstanding options, | outstanding options, | (excluding securities | |||||||||||||||||||||||||||||||||
| warrants and rights | warrants and rights | reflected in column (a)) | |||||||||||||||||||||||||||||||||
| Plan Category | (a) | (b) | (c) | ||||||||||||||||||||||||||||||||
| Equity compensation plans approved by security holders (3) | |||||||||||||||||||||||||||||||||||
| Evergy Long-Term Incentive Plan | 1,115,665 | (1) | $ | — | (2) | 6,034,239 | |||||||||||||||||||||||||||||
| Equity compensation plans not approved by security holders | — | — | — | ||||||||||||||||||||||||||||||||
| Total | 1,115,665 | (1) | $ | — | (2) | 6,034,239 |
(1)Includes 306,655 RSUs with time-based requirements, 630,687 RSUs with performance measures at target performance levels and director deferred share units for 178,323 shares of Evergy common stock outstanding at December 31, 2024.
(2)The RSUs, RSAs and director deferred share units have no exercise price and therefore are not reflected in the weighted-average exercise price.
(3) As of December 31, 2024, there were approximately 172,690 units outstanding that were deferred pursuant to the Evergy Kansas Central, Inc. non-employee deferred compensation program. Deferred units will continue to receive deferred dividend equivalents in the form of additional deferred units until payouts pursuant to elections begin.
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