Company: ZVRA
Filing Date: 2025-04-21
Form Type: DEFC14A
Source: 0001193125-25-086293
Chunk: 63

Company: ZEVRA THERAPEUTICS, INC.
Filing Date: 2025-04-21
Form: DEFC14A
Chunk 63
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 opportunity. Mr. Clifton is also subject to 12-month post-termination non-competitionand non-solicitationrestrictions. In the event that we terminate Mr. Clifton without “cause” or he resigns for “good reason” (in each case, as defined in the Clifton Agreement), Mr. Clifton will be entitled to receive (a) an amount equal to 12 months of his annual base salary, less applicable deductions, payable in accordance with our normal payroll schedule, (b) a pro-ratedtarget annual bonus for the year in which termination occurs, (c) 12 months of Company-paidCOBRA continuation coverage and (d) full vesting of his outstanding equity awards, except that if such termination occurs upon or within one year following a sale that constitutes a “change in control event” as defined in Section 409A of the Code then in lieu of the payment described in clause (a) Mr. Clifton will be entitled to a lump sum payment equal to his annual base salary on the first regularly scheduled pay day immediately following the effective date of his termination. In the event that we terminate Mr. Clifton with cause, Mr. Clifton resigns without good reason, or his employment is terminated due to mutual agreement, death or disability, then Mr. Clifton will not be entitled to receive severance benefits. Under the terms of the Clifton Agreement, if we undergo a change of control, all then unvested and outstanding equity awards will become fully vested and immediately exercisable immediately prior to such change in control. 62

Outstanding Equity Awards at End of 2024 The following table provides information about outstanding stock options and stock awards held by each of our named executive officers at December 31, 2024. All of these equity awards were granted under our 2014 Plan, or our 2023 Plan.

|                              |            |            |         |                  Option Award (1) |             |               |        |          |            |            |             | Stock Award     |           |                     |
|                              |            |            |         |              Number of Securities 
 Underlying Unexercised Options(#) |             |               |        |   Option 
 Exercise 
    Price |            | Option     
 Expiration |             | Number of       
 Shares or Units 
 of Stock That   
 Have Not Vested |           |        Market Value 
        of Shares or 
      Units of Stock 
 That Have NotVested |
| Name                         |            | Grant Date |