0000034903 2022-01-01 2022-12-31 0000034903 2020-01-01 2020-12-31 0000034903 2021-01-01 2021-12-31 0000034903 ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:PeoMember 2022-01-01 2022-12-31 0000034903 ecd:PeoMember 2022-01-01 2022-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember 2022-01-01 2022-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:PeoMember 2022-01-01 2022-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:PeoMember 2022-01-01 2022-12-31 0000034903 5 2022-01-01 2022-12-31 0000034903 1 2022-01-01 2022-12-31 0000034903 2 2022-01-01 2022-12-31 0000034903 3 2022-01-01 2022-12-31 0000034903 4 2022-01-01 2022-12-31 0000034903 ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:PeoMember 2021-01-01 2021-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:PeoMember 2021-01-01 2021-12-31 0000034903 ecd:PeoMember 2021-01-01 2021-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember 2021-01-01 2021-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:PeoMember 2021-01-01 2021-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:PeoMember 2021-01-01 2021-12-31 0000034903 ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToVestingDateOfAwardsGrantedPriorToYearThatVestedDuringYearMember ecd:PeoMember 2020-01-01 2020-12-31 0000034903 frt:IncreaseBasedOnDividendsOrOtherEarningsPaidDuringYearPriorToVestingDateOfAwardMember ecd:PeoMember 2020-01-01 2020-12-31 0000034903 ecd:PeoMember 2020-01-01 2020-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeInFairValueFromPriorYearendToCurrentYearendOfAwardsGrantedPriorToYearThatWereOutstandingAndUnvestedAsOfYearEndMember ecd:PeoMember 2020-01-01 2020-12-31 0000034903 frt:ChangeFairValueOfAwardsGrantedInYearAndUnvestedAsOfYearEndMember ecd:PeoMember 2020-01-01 2020-12-31 0000034903 frt:AmountsReportedUnderstockAwardsInSctMember ecd:PeoMember 2020-01-01 2020-12-31 iso4217:USD pure PRE 14A false 0000034903 FEDERAL REALTY INVESTMENT TRUST <div style="font-weight:bold;display:inline;width:100%;"><div style="color: rgb(255, 22, 15); font-family: ARIAL; letter-spacing: 0px; top: 0px;;display:inline;"><div style="color: rgb(255, 22, 15); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"/></div></div> <div id="toc396603_59" style="font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 22, 15); font-family: ARIAL; letter-spacing: 0px; top: 0px;;display:inline;"><div style="color: rgb(255, 22, 15); font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;">➣</div><div style="color: rgb(255, 22, 15); font-family: ARIAL; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"/></div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;;display:inline;">    PAY VERSUS PERFORMANCE DISCLOSURE </div></div></div></div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;;text-indent: 0px;"> <tr style="font-size: 0px;"> <td style="width: 28%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; border-bottom-color: rgb(255, 255, 255); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="display:inline;"> </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(255, 255, 255); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Value of Initial Fixed $100<br/>Investment Based On:</div></div></div></div></div></td> <td style="vertical-align: bottom; border-bottom-color: rgb(255, 255, 255); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"><div style="display:inline;"> </div></td></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Year</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Summary<br/>Compenstion<br/>Table Total for<br/>PEO</div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(1) </div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Compensation<br/>Actually Paid to<br/>PEO</div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(1) </div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Average<br/>Summary<br/>Compenstion<br/>Table Total for<br/><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-PEO NEOs</div></div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(2)</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Average<br/>Compensation<br/>Actually Paid to<br/><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-PEO NEOs</div></div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(2)</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Total<br/>Shareholder<br/>Return</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Peer Group<br/>Total<br/>Shareholder<br/>Return</div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(3) </div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Net<br/>Income<br/>(in 000s)</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">FFO per<br/>Diluted<br/>Share</div><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:6.6px">(4)</div></div></div></div></div></td> <td style="vertical-align: bottom;"><div style="display:inline;"> </div></td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">2022</div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">8,916,031</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">6,570,796</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">2,177,775</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">1,669,484</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">89.10</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">104.09</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">395,661</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">6.32</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">2021</div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">7,520,917</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">15,446,709</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">2,955,860</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">3,999,185</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">115.21</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">119.96</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">269,081</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">5.57</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">7,481,796</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">1,832,214</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">1,753,182</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">859,320</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">69.44</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">73.36</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">135,888</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">4.38</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table> <div style="clear:both;max-height:0pt;"/> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:7.5px">(1)</div> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Mr. Wood was our principal executive officer for all years shown. Following are the adjustments made during each year to arrive at compensation actually paid to our principal executive officer during each year. </div></div></td></tr></table> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 63%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;">  </td> <td colspan="10" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">PEO</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Adjustments</div></div></div></div></td> <td style="vertical-align: bottom;">  </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2022</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2021</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amounts reported under “Stock Awards” in SCT</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(6,474,391</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(5,213,719</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(5,830,493</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change Fair Value of Awards Granted in Year and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">5,171,732</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        7,421,261</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        3,899,517</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Current <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> of Awards Granted Prior to Year that were Outstanding and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(1,546,034</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">4,544,000</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(3,866,637</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Vesting Date of Awards Granted Prior to Year that Vested During Year</div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">66,969</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">765,243</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(223,600</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Increase based on Dividends or Other Earnings Paid During Year prior to Vesting Date of Award</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        436,488</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">409,008</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">371,631</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: arial; font-size: 0px;"> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td colspan="9" style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Adjustments</div></div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">  $</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(2,345,236</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">) </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">7,925,792</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(5,649,582</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td></tr></table> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:7.5px">(2)</div> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">For 2020, our other NEOs included Mr. Guglielmone and Ms. Becker. For 2021 and 2022, our other NEOs included Mr. Berkes, Mr. Guglielmone and Ms. Becker. Following are the adjustments made during each year to arrive at the average compensation actually paid to our other NEOs during each year.</div></td></tr></table> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 62%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;">  </td> <td colspan="10" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Average of Other NEOs</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Adjustments</div></div></div></div></td> <td style="vertical-align: bottom;">  </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2022</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2021</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amounts reported under “Stock Awards” in SCT</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(941,423</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(1,903,744</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(863,272</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change Fair Value of Awards Granted in Year and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        752,007</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">            1,669,647</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        577,369</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Current <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> of Awards Granted Prior to Year that were Outstanding and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(433,020</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">1,024,717</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(616,362</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Vesting Date of Awards Granted Prior to Year that Vested During Year</div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">5,263</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">149,658</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(51,710</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Increase based on Dividends or Other Earnings Paid During Year prior to Vesting Date of Award</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">108,881</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">103,048</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">60,114</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: arial; font-size: 0px;"> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td colspan="9" style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Adjustments</div></div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">  $</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(508,292</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="font-weight:bold;display:inline;width:100%;">)<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">1,043,325</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(893,862</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="font-weight:bold;display:inline;width:100%;">)</div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td></tr></table> <div style="width: 11%; line-height: 8pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:7.5px">(3)</div> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Peer group is the Bloomberg REIT Shopping Center Index (“BBRESHOP Index”). </div></div></td></tr></table> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="font-size: 75%; vertical-align: top;;display:inline;;font-size:7.5px">(4)</div> </td> <td style="vertical-align: top;;text-align:left;"><div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The Company has identified FFO per diluted share as the most important additional financial metric used to link pay and performance. Our annual bonus program pays out based on our absolute level of FFO per diluted share achieved for the year and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of our long-term incentive plan pays out based on a metric tied to FFO per diluted share. FFO per diluted share is a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-GAAP</div> financial measure of <div style="letter-spacing: 0px; top: 0px;;display:inline;">a </div>real estate company’s operating performance and is defined by the National Association of Real Estate Investment Trusts. We consider FFO per diluted share a meaningful measure of operating performance primarily because it avoids the assumption that the value of real estate assets diminishes predictably over time and is a primary way of evaluating our operating performance as compared to other real estate investment trusts. A reconciliation of FFO per diluted share to net income is included as <div style="letter-spacing: 0px; top: 0px;;display:inline;">Appendix</div> A. </div></td></tr></table> 100 8916031 6570796 2177775 1669484 89.1 104.09 395661000 6.32 7520917 15446709 2955860 3999185 115.21 119.96 269081000 5.57 7481796 1832214 1753182 859320 69.44 73.36 135888000 4.38 Mr. Wood was our principal executive officer for all years shown.For 2020, our other NEOs included Mr. Guglielmone and Ms. Becker. For 2021 and 2022, our other NEOs included Mr. Berkes, Mr. Guglielmone and Ms. Becker. Mr. Wood Following are the adjustments made during each year to arrive at compensation actually paid to our principal executive officer during each year. <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 63%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;">  </td> <td colspan="10" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">PEO</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Adjustments</div></div></div></div></td> <td style="vertical-align: bottom;">  </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2022</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2021</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amounts reported under “Stock Awards” in SCT</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(6,474,391</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(5,213,719</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(5,830,493</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change Fair Value of Awards Granted in Year and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">5,171,732</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        7,421,261</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        3,899,517</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Current <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> of Awards Granted Prior to Year that were Outstanding and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(1,546,034</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">4,544,000</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(3,866,637</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Vesting Date of Awards Granted Prior to Year that Vested During Year</div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">66,969</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">765,243</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(223,600</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Increase based on Dividends or Other Earnings Paid During Year prior to Vesting Date of Award</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        436,488</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">409,008</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">371,631</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: arial; font-size: 0px;"> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td colspan="9" style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Adjustments</div></div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">  $</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(2,345,236</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">) </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">7,925,792</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(5,649,582</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td></tr></table> -6474391 -5213719 -5830493 5171732 7421261 3899517 -1546034 4544000 -3866637 66969 765243 -223600 436488 409008 371631 -2345236 7925792 -5649582 Following are the adjustments made during each year to arrive at the average compensation actually paid to our other NEOs during each year. <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: arial; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;"> <tr style="font-size: 0px;"> <td style="width: 62%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;">  </td> <td colspan="10" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Average of Other NEOs</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid; background-color: rgb(255, 22, 15);"> <td style="vertical-align: bottom;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">Adjustments</div></div></div></div></td> <td style="vertical-align: bottom;">  </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2022</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2021</div></div></div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td colspan="2" style="vertical-align: bottom;;text-align:center;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;;display:inline;">2020</div></div></div></div></td> <td style="vertical-align: bottom;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Amounts reported under “Stock Awards” in SCT</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(941,423</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(1,903,744</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(863,272</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change Fair Value of Awards Granted in Year and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        752,007</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">            1,669,647</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        577,369</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Current <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> of Awards Granted Prior to Year that were Outstanding and Unvested as of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(433,020</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">1,024,717</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(616,362</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Change in Fair Value from Prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Year-End</div> to Vesting Date of Awards Granted Prior to Year that Vested During Year</div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">5,263</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">149,658</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">(51,710</td> <td style="vertical-align: bottom; white-space: nowrap;">) </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid;"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Increase based on Dividends or Other Earnings Paid During Year prior to Vesting Date of Award</div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;">  $</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">108,881</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">103,048</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;">$</td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">60,114</td> <td style="vertical-align: bottom; white-space: nowrap;"> </td></tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: arial; font-size: 0px;"> </td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td colspan="9" style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1pt solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td> </td></tr> <tr style="font-family: arial; font-size: 9pt; page-break-inside: avoid; background-color: rgb(216, 216, 216);"> <td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Adjustments</div></div></div></td> <td style="vertical-align: bottom;">  </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">  $</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(508,292</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="font-weight:bold;display:inline;width:100%;">)<div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"><div style="font-weight:bold;display:inline;width:100%;"> </div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">1,043,325</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">$</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;;text-align:right;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(893,862</div></div></td> <td style="vertical-align: bottom; white-space: nowrap;"><div style="font-weight:bold;display:inline;width:100%;">)</div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></td></tr></table> -941423 -1903744 -863272 752007 1669647 577369 -433020 1024717 -616362 5263 149658 -51710 108881 103048 60114 -508292 1043325 -893862 Peer group is the Bloomberg REIT Shopping Center Index (“BBRESHOP Index”). FFO per diluted share FFO per diluted share FFO per diluted share is a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-GAAP</div> financial measure of <div style="letter-spacing: 0px; top: 0px;;display:inline;">a </div>real estate company’s operating performance and is defined by the National Association of Real Estate Investment Trusts. We consider FFO per diluted share a meaningful measure of operating performance primarily because it avoids the assumption that the value of real estate assets diminishes predictably over time and is a primary way of evaluating our operating performance as compared to other real estate investment trusts. A reconciliation of FFO per diluted share to net income is included as <div style="letter-spacing: 0px; top: 0px;;display:inline;">Appendix</div> A. <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/></div> <div style="text-align: justify; font-family: ARIAL; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following charts show the relationship of the compensation actually paid to our CEO and the average compensation actually paid to our other NEOs to the total shareholder return for the Company and for the BBRESHOP Index. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <div style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g17a80.jpg" style="width: 303px; height: 182px;"/></div> <div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g17a81.jpg" style="width: 303px; height: 182px;"/></div> </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 1%;"><div style="display:inline;"> </div></td> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="display:inline;">*</div></td> <td style="vertical-align: top;;text-align:left;"> <div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Compensation actually paid is shown in thousands. </div></div></div> </td> </tr> </table> <div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/></div> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/></div> <div style="text-align: justify; font-family: ARIAL; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following charts show the relationship of the compensation actually paid to our CEO and the average compensation actually paid to our other NEOs as compared to our GAAP reported net income and our FFO per diluted share. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <div style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g00m01.jpg" style="width: 303px; height: 168px;"/></div>   <div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g01g01.jpg" style="width: 303px; height: 168px;"/></div> </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 1%;"><div style="display:inline;"> </div></td> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="display:inline;">*</div></td> <td style="vertical-align: top;;text-align:left;"> <div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income is shown in ten thousands. </div></div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;;text-indent: 0px;"/> <div style="clear:both;max-height:0pt;;text-indent: 0px;"/> <div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/></div> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"/></div> <div style="text-align: justify; font-family: ARIAL; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following charts show the relationship of the compensation actually paid to our CEO and the average compensation actually paid to our other NEOs as compared to our GAAP reported net income and our FFO per diluted share. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <div style="text-align: justify; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g00m01.jpg" style="width: 303px; height: 168px;"/></div>   <div style="color: red; letter-spacing: 0px; top: 0px;;display:inline;"> <img alt="" src="g396603g01g01.jpg" style="width: 303px; height: 168px;"/></div> </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 9pt; border-collapse: collapse; border-spacing: 0px;;text-indent: 0px;"> <tr style="page-break-inside: avoid;"> <td style="width: 1%;"><div style="display:inline;"> </div></td> <td style="width: 4%; vertical-align: top;;text-align:left;"><div style="display:inline;">*</div></td> <td style="vertical-align: top;;text-align:left;"> <div style="text-align: justify; font-family: ARIAL; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 9pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income is shown in ten thousands. </div></div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;;text-indent: 0px;"/> <div style="font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other Important Financial Performance Measures for Executive Compensation </div></div></div> <div style="text-align: justify; font-family: ARIAL; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;">Following is a list of the most important financial and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-financial</div> measures used to link executive compensation and company performance. </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; width: 100%; font-family: ARIAL; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;text-indent: 0px;"> <tr style="font-size: 0px;"> <td style="width: 100%;"/> </tr> <tr style="font-family: ARIAL; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"> <div style="text-align: justify; text-indent: -1.5em; font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">•  Return on invested capital</div></div></div> </td> </tr> <tr style="font-family: ARIAL; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top;"> <div style="text-align: justify; text-indent: -1.5em; font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">•  Relative TSR compared to BBRESHOP</div></div></div> </td> </tr> <tr style="font-family: ARIAL; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top;"> <div style="text-align: justify; text-indent: -1.5em; font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">•  Relative FFO multiple premium</div></div></div> </td> </tr> <tr style="font-family: ARIAL; font-size: 10pt; page-break-inside: avoid;"> <td style="vertical-align: top;"> <div style="text-align: justify; text-indent: -1.5em; font-family: ARIAL; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 4em; line-height: normal;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">•  Individual performance including consideration of things such as leasing and occupancy activity, investment activity and advancement of ESG objectives</div></div></div> </td> </tr> </table> <div style="clear:both;max-height:0pt;;text-indent: 0px;"/> <div style="text-align: justify; font-family: ARIAL; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;;text-indent: 0px;"><div style="display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Please see the Compensation Discussion and Analysis on pages 19 to 29 for more information on these measures and how they are taken into account in determining compensation for each of our NEOs. </div></div></div> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: ARIAL; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> Return on invested capital Relative TSR compared to BBRESHOP Relative FFO multiple premium Individual performance including consideration of things such as leasing and occupancy activity, investment activity and advancement of ESG objectives