Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 186

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1
Chunk 186
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 common stock at the closing
price as of May 11, 2023 of $0.98 per share. The option shares will vest 25% on the first anniversary of the grant, then equally in 36
monthly installments thereafter, and are exercisable until May 16, 2033. The total estimated value using the Black-Scholes Model, based
on a volatility rate of 75.76% and an option fair value of $0.705183 was $208,029.

On
July 14, 2023 the Company granted one employees 1,000,000 options to purchase shares of the Company’s common stock at the closing
price as of July 14, 2023 of $0.85 per share. The option shares will vest 25% on the first anniversary of the grant, then equally in
36 monthly installments thereafter, and are exercisable until July 14, 2033. The total estimated value using the Black-Scholes Model,
based on a volatility rate of 74.55% and an option fair value of $0.5590 was $605,383.

On
July 17, 2023 the Company granted one employees 700,000 options to purchase shares of the Company’s common stock at the closing
price as of July 17, 2023 of $0.79 per share. The option shares will vest 25% on the first anniversary of the grant, then equally in
36 monthly installments thereafter, and are exercisable until July 17, 2033. The total estimated value using the Black-Scholes Model,
based on a volatility rate of 74.57% and an option fair value of $0.5713 was $396,441.

On
August 25, 2023 he Company granted four employees 650,000 options to purchase shares of the Company’s common stock at the closing
price as of August 25, 2023 of $0.65 per share. The option shares will vest 25% on the first anniversary of the grant, then equally in
36 monthly installments thereafter, and are exercisable until August 25, 2033. The total estimated value using the Black-Scholes Model,
based on a volatility rate of 64.81% and an option fair value of $0.4257 was $285,773.

On
November 30, 2023, the Company granted five employees 33,