Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 664

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 664
---
 by security holders 
     —  
    $—  
     — 
  
    Total 
     51,185  
    $455.00  
     38,359 

    (1)
    Represents
    2,666 shares of common stock that may be issued pursuant to outstanding stock options granted under the 2017 Plan and 48,519 shares
    of common stock that may be issued pursuant to outstanding stock options granted under the 2018 Plan.

    (2)
    Represents
    0 shares of common stock available for future issuance in connection with equity award grants under the 2017 Plan and 38,359 shares
    of common stock available for future issuance in connection with equity award grants under the 2018 Plan.

Policies
and Practices for Granting Certain Equity Awards

Our
policies and practices regarding the granting of equity awards are carefully designed to ensure compliance with applicable securities
laws and to maintain the integrity of our executive compensation program. The Compensation Committee is responsible for the timing and
terms of equity awards to executives and other eligible employees and for reviewing, and recommending to the Board for approval, all
director compensation.

The
timing of equity award grants is determined with consideration to a variety of factors, including but not limited to, the achievement
of pre-established performance targets, market conditions and internal milestones. We may also grant equity awards to individuals upon
hire, determined on a case-by-case basis. The Company does not follow a predetermined schedule for the granting of equity awards;
instead, each grant is considered on a case-by-case basis to align with the Company’s strategic objectives and to ensure the competitiveness
of our compensation packages, provided that the Company grants its non-employee directors stock options annually pursuant to our non-employee
director compensation policy adopted in May 2024 (see “- Director Compensation” for more information).

In
determining the timing and terms of an equity award, the Board or the Compensation Committee may consider material nonpublic information
to ensure that such grants are made in compliance with applicable laws and regulations. The Board’s or the Compensation Committee’s
procedures to prevent the improper use of material nonpublic information in connection with the granting of equity awards include oversight
by legal counsel and, where appropriate, delaying the grant of equity awards until the public disclosure of such material nonpublic information.

The
Company is committed to maintaining transparency in its executive compensation practices and to making equity awards in a manner that