Company: WHWK
Filing Date: 2025-01-21
Form Type: PREM14A
Source: 0001193125-25-009599
Chunk: 505

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-21
Form: PREM14A
Chunk 505
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22 |     | $               |    25 |
| Vested and expected to vest as of December 31, 2023 |     |        | 4,579,659 |   |     | $              | 14.11 |     |             | 8.37 |     | $               |    25 |

As of December 31, 2023, there was $25.3 million of unrecognized compensation cost related to stock options, which is expected to be recognized over a weighted average period of 2.5 years. The total intrinsic value of the options exercised during the years ended December 31, 2023 and 2022 was $0.2 million and $1.3 million, respectively. As of December 31, 2023, 657,734 shares were reserved for issuance under the 2021 Plan. As of December 31, 2023, 110,000 shares were reserved for issuance under the 2023 Inducement Plan. Restricted Stock Units Restricted stock consists of restricted stock unit awards (RSUs) which have been granted to employees. The value of an RSU award is based on the Company’s stock price on the date of grant. Employee grants vest over one year. Forfeitures of RSUs are recognized as they occur. The shares underlying the RSU awards are not issued until the RSUs vest. Upon vesting, each RSU converts into one share of the Company’s common stock. F-25

Activity with respect to the Company’s restricted stock units during the year ended December 31, 2023 is as follows:

| Nonvested shares at January 1, 2023   |     | Shares |      — |     | Weighted Average      
 Grant Date Fair Value |    — |
|:--------------------------------------|:----|:-------|-------:|:----|:----------------------|-----:|
| Granted                               |     |        | 32,558 |     |                       | 4.30 |
| Vested/Issued                         |     |        |      — |     |                       |    — |
| Forfeited                             |     |        |      — |     |                       |    — |
| Nonvested shares at December 31, 2023 |     |        | 32,558 |     | $                     | 4.30 |

As of December 31, 2023, there was $0.1 million of unrecognized compensation cost related to restricted