Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 1019

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 1019
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. The compensation reported in this summary compensation table below is not necessarily indicative
of how we will compensate our named executive officers in the future. We expect that we will continue to review, evaluate and modify our
compensation framework as a result of becoming a publicly-traded company, and our compensation program following the consummation of the
Business Combination could vary significantly from our historical practices.

72

Summary
Compensation Table

    Name and Principal Position 
    Year 
    Salary ($)  
    Bonus ($)  
    Option Awards (1)  ($)  
    All Other Compensation (2)    ($)  
    Total ($) 

    Allen Salmasi 
    2024 
     -  
     -  
    $11,640,727  
        
    $11,640,727 
  
    Chief Executive Officer 
    2023 
     -  
     -  
     -  
     -  
     - 
  
    Janice K. Smith 
    2024 
     250,000  
     40,000(2) 
     163,438  
     11,600.00  
     465,038 
  
    Chief Operating Officer 
    2023 
     250,838  
     500  
        
     10,034  
     261,372 
  
    Mark Tubinis 
    2024 
     210,000  
        
     30,000  
     8,428  
     248,428 
  
    Chief Commercial Officer 
    2023 
     210,708  
     500  
     -  
     8,850  
     220,058 

    (1)
    The  amounts reported in this column do not reflect
    dollar amounts actually received by our named executive officers. Instead, these amounts reflect the grant date fair value of each
    stock option award granted, computed in accordance with the provisions of FASB ASC Topic 718. See Note 10, Stock Incentive Plans
    to the accompanying consolidated financial statements included elsewhere in this Annual Report for the assumptions used in calculating
    the grant date fair value of the stock option awards reported in this column.

(2)Consists
                                            of Company 401(k) matching contributions.

(3)Consists