Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 313

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 313
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 Total 
       ($) |
| Steve Gutterman – Chief Executive Officer(4) |     | 675,000 |     | 1,553,630 |     |       62,164 |     | 2,290,794 |
| Sim Salzman – Chief Financial Officer(5)     |     | 412,500 |     |         — |     |            — |     |   412,500 |
| Eric Gallie – Senior Vice President(6)       |     | 250,000 |     |   585,000 |     |            — |     |   835,000 |

____________ (1)Cash Amounts Steve Gutterman The cash amount disclosed for Mr. Gutterman is payable pursuant to his employment agreement and presumes Mr. Gutterman incurs a “qualifying termination” (as defined in his employment agreement, generally a termination without cause or for good reason) in connection with the Mergers (within thirty days prior to or twelve months following). Upon such qualifying termination, Mr. Gutterman is entitled to receive one times his base salary ($450,000, which can be triggered only by Mr. Gutterman’s qualifying termination) and one-half of his target bonus ($225,000, which is triggered by both a qualifying termination and change in control within thirty days prior to or twelve months following such change in control). The cash amount is subject to a release of claims and is payable in a lump sum as soon as practicable following the effective date of the release. Sim Salzman The cash amount disclosed for Mr. Salzman is a single trigger amount payable pursuant to his employment agreement and presumes Mr. Salzman incurs a termination for “good reason” or without “cause” (each as defined in his employment agreement). Upon such a termination, then subject to Mr. Salzman’s execution and non-revocation of a release of claims, Gryphon would pay him an amount equal to the sum of (A) twelve months of his base salary ($275,000), plus (B) Mr. Salzman’s annual bonus target ($137,500), with such amount being paid in twelve equal installments in accordance with Gryphon’s regular payroll schedule, beginning on the first payroll date following the date the release of claims becomes effective. Eric Gallie The cash amount disclosed for Mr. Gallie is a single trigger amount payable pursuant to his employment agreement and presumes Mr. Gallie is terminated without “cause” (as