Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 294

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 294
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 fair market value of the shares subject to the option on the date of grant and (ii) the term of the incentive stock option does not exceed five (5) years from the date of grant.

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Stock Appreciation Rights

A stock appreciation rights (“SAR”) entitles the holder to receive an amount equal to the difference between the fair market value of a share of Combined Company Common Stock on the exercise date and the exercise price of the SAR (which may not be less than 100% of the fair market value of a share of Combined Company Common Stock on the grant date), multiplied by the number of shares of Combined Company Common Stock subject to the SAR (as determined by the administrator).

Restricted Shares

A restricted share award is an award of Combined Company Common Stock that vests in accordance with the terms and conditions established by the administrator.

Restricted Stock Units

A restricted stock unit is a right to receive shares or the cash equivalent of Combined Company Common Stock at a specified date in the future, subject to forfeiture of such right. If the restricted stock unit has not been forfeited, then on the date specified in the restricted stock unit grant, the Combined Company must deliver to the holder of the restricted stock unit unrestricted Combined Company Common Stock (or, in the administrator’s sole discretion, cash equal to the shares that would otherwise be delivered, or partly in cash and partly in shares). Participants holding restricted stock units will have no voting rights.

Other Share-Based Awards

We may grant or sell to any participant a right or other interest that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on or related to, Combined Company Common Stock, including unrestricted Combined Company Common Stock under the Incentive Plan or a dividend equivalent. A dividend equivalent is a right to receive payments, based on dividends with respect to Combined Company Common Stock.

Other Cash-Based Awards

We may grant cash awards under the Incentive Plan, including cash awards as a bonus or upon the attainment of certain performance goals.

Performance-Based Awards

We may grant an award conditioned on satisfaction of certain performance criteria. Such performance-based awards include performance-based restricted stock and restricted stock units. Any dividends or dividend equivalents payable or credited to a participant with respect to any unvested performance-based award will be subject to the same performance goals as the shares or units underlying the performance-based award.

Performance Goals

If the administrator determines that an award under the Incentive Plan will be earned subject to the achievement of