SUTHERLAND FIONA 4

4 · ACUREN CORP · Filed Apr 15, 2025

Form 4

Period: 2025-04-11

General Counsel

Transactions

Award
Restricted Stock Units
2025-04-11+20,000→ 20,000 total
→ Common Stock (20,000 underlying)
Award
Performance Based Restricted Stock Units
2025-04-11+40,000→ 40,000 total
→ Common Stock (40,000 underlying)

Holdings

Performance Based Restricted Stock Units
→ Common Stock (30,000 underlying)
30,000
Restricted Stock Units
→ Common Stock (30,000 underlying)
30,000

Footnotes (6)

[F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
[F2]These restricted stock units vest 33 1/3% on the first through third anniversaries of the grant date (July 30, 2024).
[F3]Each performance based restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
[F4]Subject to the volume weighted average price ("VWAP") of the Issuer's Common Stock reaching a specified price over a ten (10) consecutive trading day period at any time during the period commencing on February 18, 2025 and ending on July 30, 2029 (the "VWAP Achievement Period"), these performance based restricted stock units shall vest on the later of (x) July 30, 2025 and (y) the calendar day following the last day of the VWAP Achievement Period.
[F5]These restricted stock units vest on the third anniversary of the grant date (April 11, 2025).
[F6]These performance based restricted stock units have a three-year performance period and to the extent earned will vest on April 11, 2028. The number of shares of Common Stock that will be earned is subject to decrease based on the result of the performance condition.

Documents

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