Company: GCTS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000950170-25-044438
Chunk: 231

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1B
Chunk 231
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, LLC (“Cowen”), a Delaware limited liability company.  TDS is successor in interest to Cowen by merger effective as of December 9, 2024.

(15)Based on 48,233,113 Common Stock outstanding.

Securities Authorized for Issuance Under Equity Compensation Plans

The following table summarizes information about our equity compensation plans as of December 31, 2024.

    Plan Category
     
    Number of securities to be issued upon exercise of outstanding options, and rights (a)
     
    Weighted average exercise price of outstanding options, and rights
     
    Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))

    Equity compensation plans approved by security holder(1)
     
    1,748,580(2)
     
    $0.11/share
     
    3,662,106(3)

    Equity compensation plans not approved by security holder
     
    —
     
    —
     
    —

    Total
     
    1,748,580
     
    $0.11/share
     
    3,662,106

(1)Consists of the 2011 Incentive Compensation Plan, the 2024 Incentive Compensation Plan, and the 2024 Employee Stock Purchase Plan, which as of the date of this Annual Report, has not been implemented.

(2)Consists of 535,044 shares of outstanding stock options granted under the 2011 Incentive Compensation Plan, 292,308 restricted stock units awarded under the 2011 Incentive Compensation Plan, and 921,228 restricted stock units awarded under the 2024 Incentive Compensation Plan.

(3)Consists of 3,062,106 shares remaining under the 2024 Incentive Compensation Plan and 600,000 shares remaining under the 2024 Employee Stock Purchase Plan.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

Other than the compensation arrangements for the Company’s directors and executive officers, which are described in the section titled “Executive Compensation,” below is a description of transactions since January 1, 2022 to which the Company was a party, in which:

•the amounts involved exceeded or will exceed $120,000; and

•any of our directors, executive officers or holders of more than 5% of our capital stock, or any member of the immediate family of