Required Tabular Disclosure of Most Important Measures to Determine FY2023 CAP The items listed below represent the most important metrics we used to determine “Compensation Actually Paid” for the Fiscal Year ended 2023. The performance measures included in this table are not ranked by relative importance. | | | Most Important Performance Measures | Adjusted Net Income | Performance stock unit (PSU) stock price targets |
The most important performance measures that impact our CEO’s and NEOs’ compensation are (1) Adjusted Net Income, and (2) PSU stock price targets. Adjusted net income is calculated by taking Ziff Davis’ consolidated GAAP net income, adding back any non-cash compensation expense, non-recurring one-time charges, depreciation and amortization, and certain other non-GAAP adjustments, all items net of tax. PSUs granted to our CEO and NEOs require Ziff Davis common stock to remain at or above set stock price targets for at least 20 trading days in any 30 consecutive trading day period before restrictions on the PSUs lapse.
|
