Company: CRVO
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001437749-25-013543
Chunk: 46

Company: CervoMed Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 46
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 grant date fair value of option awards granted in June 2024 to each of the identified directors and, with respect to Dr. Boger, in February 2024 in connection with his appointment to the Board, in each case, calculated in accordance with the provisions of ASC Topic 718 and determined without regard to forfeitures. See the assumptions used in the Black-Scholes Model in Note 12 to the audited financial statements included in our Annual Report. As of December 31, 2024, the aggregate number of shares subject to options awarded to each of our non-employee directors during the year was, (i) with respect to Dr. Boger, 15,750, of which 6,409 were vested as of December 31, 2024, and (ii) with respect to all other non-employee directors, 5,750, of which 3,354 were vested as of December 31, 2024. |

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

Based on information available to us and filings with the SEC, the following table sets forth certain information regarding the beneficial ownership (as defined by Rule 13d-3 under the Exchange Act) of our outstanding common stock as of the Record Date for (i) each person or group of affiliated persons known by us to be the beneficial owner of more than 5% of our common stock, if any, (ii) each of our current directors and nominees for director; (iii) each of our current executive officers (as defined in Item 402(a)(3) of Regulation S-K), as well as Dr. De Rosch, who has been appointed as our Executive Vice President, Regulatory and Government Affairs and Program Management, effective May 1, 2025.; and (iv) all of our current directors, nominees for director, and such executive officers as a group.

Beneficial ownership and percentage ownership are determined in accordance with the rules of the SEC and include voting or investment power with respect to shares of stock. This information does not necessarily indicate beneficial ownership for any other purpose. Under these rules, shares of common stock issuable under stock options or warrants that are exercisable or convertible within 60 days of the Record Date are deemed outstanding for the purpose of computing the beneficial ownership percentage of the holder thereof, but are not deemed outstanding for the purpose of computing the beneficial ownership percentage of any other person. Ownership is based upon information provided