Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 483

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 483
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No director received compensation
for the fiscal years December 31, 2024 and December 31, 2023. We have no formal plan for compensating our directors for their service
in their capacity as directors, although such directors are expected in the future to receive stock options to purchase common shares
as awarded by our board of directors or (as to future stock options) a compensation committee which may be established. Directors are
entitled to reimbursement for reasonable travel and other out-of-pocket expenses incurred in connection with attendance at meetings of
our board of directors. Our board of directors may award special remuneration to any director undertaking any special services on our
behalf other than services ordinarily required of a director.

34

Outstanding Equity Awards at Fiscal Year-End

The following table sets
forth certain information concerning outstanding stock awards held by the Named Executive Officers on December 31, 2024:

    Option Awards 
    Stock Awards 
  
    Name 
    Number of Securities Underlying Unexercised Options (#) Exercisable  
    Number of Securities Underlying Unexercised Options (#) Unexercisable  
    Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#)  
    Option Exercise Price ($)  
    Option Expiration Date 
    Number of Shares or Units of Stock That Have Not Vested (#)  
    Market Value of Shares or Units of Stock That Have Not Vested ($)  
    Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)  
    Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) 
  
    Glenn E. Martin 
     4,000,000  
     -0-  
     -0-  
     10.55  
    2/1/2028 
     -0-  
     -0-  
     -0-  
     -0- 
  
    Nicole M. Breen 
     2,000,000  
     -0-  
     -0-  
     10.55  
    2/1/2028 
     -0