Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 39

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 39
---
 date of grant).

If
an award is accelerated under the Equity Plan in connection with a “change in control” (as this term is used under the Code),
we may not be permitted to deduct the portion of the compensation attributable to the acceleration (“parachute payments”)
if it exceeds certain threshold limits under the Code (and certain related excise taxes may be triggered).

We
have the authority and the right to deduct or withhold, or require a participant to remit to us, an amount sufficient to satisfy any
income, payroll, and other taxes (including, without limitation, pursuant to the Federal Insurance Contributions Act and the Federal
Unemployment Tax Act) to the extent required by law to be withheld with respect to any taxable event concerning a participant arising
as a result of an award under the Equity Plan.

Incentive
Plan Awards

No
equity awards or grants were made to our named executive officers during the fiscal year ended December 31, 2024.

Outstanding
Equity Awards at Fiscal Year-End

The
following table sets forth outstanding equity awards to our named executive officers as of December 31, 2024.

23

    Option/Warrants Awards  
      
    Stock Awards 
  
    Name 
    Number of Securities Underlying Unexercised Options/Warrants (#) Exercisable  
    Number of Securities Underlying Unexercised Options/Warrants (#) Unexercisable  
    Exercise Price ($)  
    Expiration Date 
    Number of Shares or Units of Stock that have not Vested  
    Market Value of Shares or Units of Stock that have not Vested 
  
    Michael Campbell (1) 
     3,545,801  
     -  
    $0.54  
    12/31/2028 
      -  
      - 
  
    Michael Campbell (1) 
     500,000  
     -  
     0.54  
    12/31/2030 
     -  
     - 
  
    Michael Campbell (2) 
     166,667  
     333,333  
     0.54  
    12/6/2030 
     -  
     - 
  
    Michael Campbell (3) 
        
     500,000  
     0.54  
    12/6/2030