Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 276

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 276
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 Stock Awards ($)  
    Option Awards ($)  
    All Other Compensation ($)  
    Total ($) 
  
    Andrew Shape, President and Chief Executive Officer 
     2024  
     400,000  
     -  
     -  
     -  
     -  
     400,000 

     2023  
     400,000  
     50,000  
     -  
     -  
     31,220(1) 
     481,220 
  
    Ian Wall, Chief Information Officer 
     2024  
     265,000  
     -  
     -  
     7,937(2) 
     8,629(3) 
     281,566 
  
    Andrew Stranberg, Executive Chairman 
     2024  
     500,000  
     -  
     -  
     -  
     -  
     500,000 

     2023  
     500,000  
     -  
     -  
     -  
     -  
     500,000 

(1)Andrew Shape was entitled to the payment of $10,000 per month during 2023 as repayment of sales commissions
that had been earned in previous years totaling approximately $140,927, subject to certain terms and conditions. All $30,927 of outstanding
payable prior-year commissions were paid to Mr. Shape during 2023. All outstanding accrued interest upon prior-year commissions payable
to Mr. Shape was orally waived on March 25, 2024.

(2)Ian Wall was granted an option to purchase 15,000 shares of common stock on January 2, 2024. A portion
of the option was granted subject to certain vesting conditions. The aggregate grant date fair value was computed in accordance with ASC
Topic 718 based on the assumptions described in Notes A.20 and A.21 to the Company’s financial statements beginning on page F-1
of this Annual Report on Form 10-K. On January 2, 2024, Ian Wall became entitled to awards of options to purchase up to 100,000 shares
of common stock subject to performance conditions with respect to the fiscal year ended December 31, 2024. The aggregate grant date fair