Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 1290

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 6
Chunk 1290
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 changing business factors.

The Wall
Employment Agreement and Mr. Wall’s equity award agreements have general non-solicitation provisions but do not have non-competition
provisions. Mr. Wall is also subject to a standard non-disclosure requirement under the Wall Employment Agreement.

Mr. Wall
has executed the Company’s standard Indemnification Agreement with officers and directors. Mr. Wall is covered by the Company’s
directors and officers insurance policy as an executive officer.

67

Outstanding Equity Awards at Fiscal Year-End 

As of December 31, 2024, the following named executive
officers had the following unexercised options, stock that has not vested, and equity incentive plan awards:

    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 ($)  
    Option Expiration Date 
    Number of Shares or Units of Stock That Have Not Vested (#)  
    Market Value of Shares of Units of Stock That Have Not Vested ($)  
    Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)  
    Equity Incentive Plan Awards: Market or Payout Unearned Shares, Units or Other Rights That Have Not Vested ($) 
  
    Andrew Shape 
     249,604(1)  
     74,206(1) 
     —  
    $4.15  
    11/11/2031 
     —  
    $—  
     —  
    $— 
  
    Andrew Stranberg 
     308,333(2)  
     91,667(2)  
     —  
    $4.15  
    11/11/2031 
     —  
    $—  
     —  
    $— 
  
    Ian Wall 
     5,000(3)  
     10,000(3)  
     —  
    $1.46  
    1/1/2034 
     0(4)  
    $—