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(5) The dollar amount shown in this column represents the fixed dollar value of a TVA granted to each NEO during fiscal 2021.
Pursuant to the terms of the award agreements, each TVA vests in equal fixed dollar tranches over a three year period
beginning one year after the date of grant. Each vested fixed dollar tranche of a TVA will settle in Class B shares using the
"fair market value" (as defined in the 2014 LTI Plan) of the Class B shares on the date of vesting of such tranche. The
Company reserves the right, at its discretion, to settle vested amounts in cash rather than shares.
(6) The amounts shown for SAR awards represent the number of SARs granted to each NEO during fiscal 2021. SARs were
granted for Class B shares and vest in equal increments over three years.
(7) The exercise price of a SAR on Class B shares will be equal to the fair market value of one Class B stock share as defined
in the 2014 LTI Plan.
(8) This column shows the aggregate grant date fair value computed in accordance with ASC 718. For SAR awards, the amount
is based on the fair value of the equity-based award as determined using the Black-Scholes option-pricing model multiplied
by the number of securities underlying the SAR awards. For PSUs, the actual value of units received will depend on the
Company’s performance and market value of common stock at the time of settlement. The grant date fair value is based on
the fair value of the equity-based award multiplied by the number of securities underlying the target PSUs. This represents
the amount that the Company expects to expense for accounting purposes over the award’s vesting schedule. For TVAs, the
amount represents the fixed dollar amount of the award at the time of grant. The amounts do not reflect the actual amounts
that may be realized by the executive officers. Assumptions made in the calculations of these amounts may be found in Note
18 - Equity-Based Compensation to the audited financial statements in the Company’s Annual Report on Form 10-K for the
fiscal year ended October 2, 2021.
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