Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 803

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 803
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 performance stock units, other stock- or cash-based awards and dividend equivalents,
or any combination thereof, to officers, employees, directors or consultants of the Company.

Subject
to adjustment for stock splits or similar events, the 2023 Plan initially reserved 114,976 shares of Common Stock for issuance
pursuant to awards, plus an annual increase on the first day of each calendar year beginning in 2024 and ending in 2033 equal to the
lesser of (i) 5% of the shares of Common Stock outstanding on the last day of the immediately preceding calendar year and (ii) such
smaller number of shares of Common Stock as determined by our board of directors. The 2023 Plan was increased
by 36,914 shares of common stock effective January 1, 2024, and by 69,240 shares of common stock effective January 1,
2025. On February 6, 2025, the Company filed a registration statement on Form S-8 that increased the number of shares of Common
Stock available for issuance under the 2023 Plan by 69,240 shares.

80

Securities
Authorized for Issuance under Equity Compensation Plans

The
following table provides a summary of the securities authorized for issuance under our equity compensation plans as of December 31, 2024.

    Plan category 
    Number of securities to be issued upon exercise of outstanding options, warrants and rights  
    Weighted-average exercise price of outstanding options, warrants and rights  
    Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) 

    (a)  
    (b)  
    (c) 

    Equity compensation plans approved by security holders 

    2023 Plan 
     65,509  
    $81.52  
     84,885  

    Equity compensation plans not approved by security holders 
     -  
     -  
     - 
  
    Total 
     65,509  
    $81.52  
     84,885  

Director
Compensation

The
following table sets forth the compensation we paid to our non-employee directors during fiscal 2024: 

    Name 
    Fees earned or paid in cash
 ($)  
    Stock  awards ($) (1)(2)  
    Option
 awards ($) (3)  
    All Other
 Compensation