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
Equity Compensation Plan Information
The following table provides information as of December 31, 2024 with respect to the Company’s common stock that may be issued under the Company’s equity compensation plans (in thousands, except per share amounts):
| A | B | C | ||||||||||||||||||
| Plan Category | Number of Securities to be Issued upon Exercise of Outstanding Options, Warrants and Rights | Weighted Average Exercise Price of Outstanding Options, Warrants and Rights | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column A) | |||||||||||||||||
| Equity Compensation Plans Approved by Shareholders(a) | 672 | (c)(d) | $ | 198.12 | (e) | 1,162 | (c) | |||||||||||||
| Equity Compensation Plans Not Approved by Shareholders(b) | 55 | (c)(f) | — | 122 | (c) | |||||||||||||||
| TOTAL | 727 | $ | 198.12 | 1,284 |
*(a)*The Company’s 2005 Incentive Award Plan as amended and restated.
*(b)*The Company’s Deferred Compensation Plan for Directors as amended and restated. The plan provides directors the opportunity to defer the payment of earned compensation that is later payable in the form of Common Stock. For a more detailed description of the material features of the plan, the information is incorporated by reference to the subheading “Deferred Compensation Plan” of the definitive proxy statement for the Company’s 2025 annual meeting of shareholders.
*(c)*Hubbell Common Stock.
*(d)*Includes approximately 183,000 performance share awards assuming a maximum payout target. The maximum payout target may not be achieved for all of these awards.
*(e)*Weighted average exercise price excludes performance share awards included in column A.
*(f)*Represents amount of shares currently deferred under this plan. These shares are not included in the total weighted average exercise price included in column B.
The remaining information required by this item is incorporated by reference to the subheading “Stock Ownership Information” of the definitive proxy statement for the Company’s 2025 annual meeting of shareholders.
| HUBBELL INCORPORATED - Form 10-K | 96 |
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