Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 40

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 40
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, unless otherwise instructed * * * * Proposal No. 4
APPROVAL OF THE SACHEM CAPITAL CORP. 2025 OMNIBUS INCENTIVE PLAN We are asking shareholders to approve the Sachem Capital Corp. 2025 Omnibus Incentive Plan (the “2025 Plan”). We have previously awarded equity compensation under the Sachem Capital Corp. 2016 Equity Compensation Plan (the “Prior Plan”). The Prior Plan will expire October 27, 2026, but as of April 28, 2025, there were only 436,762 Common Shares available for issuance under the Prior Plan. On April 28, 2025, our Board, at the recommendation of the Compensation Committee, approved the 2025 Plan, subject to approval by our shareholders at the Annual Meeting. If shareholders approve the 2025 Plan, it will become effective on the date of the 2025 Annual Meeting (the “Effective Date”) and no further awards will be made under the Prior Plan as of the Effective Date. For avoidance of doubt, the 436,762 Common Shares available for issuance under the Prior Plan will no longer be issuable upon receiving shareholder approval of the 2025 Plan. The term of the 2025 Plan will expire on July 9, 2035. Outstanding awards under the Prior Plan will remain outstanding and subject to the terms of the Prior Plan and the respective award agreements, until the vesting, expiration or lapse of such awards in accordance with their terms. Approval of the 2025 Plan is intended to enable us to continue granting stock-based incentive awards, which our Board believes is a critical element of our compensation program and vital to our continued ability to attract and retain skilled people in our competitive industry. We use stock-based awards to align the financial interests of award recipients with those of our shareholders. We believe that providing an equity stake in the future success of our business encourages and motivates award recipients to strive to achieve our business goals and to increase shareholder value. Rational for 2025 Plan Approval Equity is an important element of compensation. We believe that having a sufficient number of shares available for grant to our employees as part of our equity compensation is a critical element of our overall compensation approach. Approval of the 2025 Plan helps to ensure that long-term equity incentives aligned with Company performance measures are available to employees and NEOs. Given that there were only 436,762 Common Shares available for issuance under the Prior Plan as of April 28, 202