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Award Timing Disclosure
 12 Months Ended
Dec. 31, 2024
Feb. 29, 2024
USD ($)
Aug. 16, 2023
USD ($)
 [1]
Mar. 06, 2023
USD ($)
 [2]
Award Timing Disclosures [Line Items]        
Award Timing MNPI Disclosure The company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.      
MNPI Disclosure Timed for Compensation Value false      
Awards Close in Time to MNPI Disclosures, Table

After considering these factors, the committee approved the following grant date value of 2024 equity awards in February 2024, as compared to the grant date value of 2023 equity awards:

 

 

 

Grant Date Fair Value of Target 2023 LTI Awards

 

 

 

 

 

 

NEO

 

Annual Award(1)

 

 

Promotion and Recognition Awards(2)

 

Grant Date Fair Value
of Target 2024 Annual
LTI Award

 

 

Percentage Change of Target 2024 LTI Awards From All
2023 Annual LTI Awards at Target, each at Time of Grant

 

Ivan Tornos

 

$

4,025,183

 

 

$

3,447,401

 

$

11,750,148

 

 

 

57

%

Suketu Upadhyay

 

$

3,375,111

 

 

$

5,000,017

 

$

4,000,072

 

 

 

(52

)%

Mark Bezjak

 

$

1,200,000

 

 

$

—

 

$

1,850,170

 

 

 

54

%

Sang Yi

 

$

1,750,247

 

 

$

250,026

 

$

1,750,095

 

 

 

(13

)%

Wilfred van Zuilen

 

$

1,600,169

 

 

$

—

 

$

1,800,130

 

 

 

12

%

(1) Reflects only the grant date fair value of equity awards approved by the committee at its March 6, 2023 meeting.

(2) Reflects the grant date fair value of the equity awards approved by the committee at its August 16, 2023 meeting in connection with the special transitional, promotional and recognition grants for certain NEOs, as previously disclosed.

      
Ivan Tornos        
Awards Close in Time to MNPI Disclosures        
Name   Ivan Tornos    
Fair Value as of Grant Date   $ 11,750,148 $ 3,447,401 $ 4,025,183
Underlying Security Market Price Change   57    
Suketu Upadhyay        
Awards Close in Time to MNPI Disclosures        
Name   Suketu Upadhyay    
Fair Value as of Grant Date   $ 4,000,072 5,000,017 3,375,111
Underlying Security Market Price Change   (52)    
Mark Bezjak        
Awards Close in Time to MNPI Disclosures        
Name   Mark Bezjak    
Fair Value as of Grant Date   $ 1,850,170 0 1,200,000
Underlying Security Market Price Change   54    
Sang Yi        
Awards Close in Time to MNPI Disclosures        
Name   Sang Yi    
Fair Value as of Grant Date   $ 1,750,095 250,026 1,750,247
Underlying Security Market Price Change   (13)    
Wilfred van Zuilen        
Awards Close in Time to MNPI Disclosures        
Name   Wilfred van Zuilen    
Fair Value as of Grant Date   $ 1,800,130 $ 0 $ 1,600,169
Underlying Security Market Price Change   12    
[1] Reflects the grant date fair value of the equity awards approved by the committee at its August 16, 2023 meeting in connection with the special transitional, promotional and recognition grants for certain NEOs, as previously disclosed.
[2] Reflects only the grant date fair value of equity awards approved by the committee at its March 6, 2023 meeting.