Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 184

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 184
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4, we paid Mr. Schalk an annual discretionary performance bonus of $1,500,000 based upon the achievement of 2024 individual and Company performance goals as determined by our board of directors
in its discretion. For the avoidance of doubt, employee compensation described in this section is paid by Slide Insurance Holdings, Inc., and not by any of its subsidiaries, including the Carrier. Additionally, none of the compensation described in
this section is included in the Carrier’s rate filings, and such compensation has no impact on rates charged by the Carrier.

As
contemplated by his employment agreement, on February 14, 2023, we granted to Mr. Schalk an option to purchase 75,000 shares of our common stock (412,500 shares of our common stock, after giving effect to the Stock Split), which vests
in three equal annual installments on each of January 31 of 2024, 2025, and 2026, subject to Mr. Schalk’s continued employment or service through each vesting date as described further below in the discussion in the footnotes
following the “Outstanding Equity Awards at Fiscal Year End” table. Any options granted pursuant to the agreement that are unvested at the applicable time will be deemed terminated if either party terminates the agreement for any
reason prior to the end of the vesting schedule set forth therein. The agreement includes non-solicit and non-compete restrictive covenants that apply for two years
following termination of employment and includes confidentiality/non-disclosure obligations.

Shannon Lucas. On September 13, 2021, we entered into an employment agreement with Mrs. Lucas, our Chief Risk Officer
and Chief Operating Officer, which provides for a term of employment through September 13, 2025 (subject to automatic renewal) unless: (1) terminated by Mrs. Lucas on 90 days’ notice; (2) terminated by the Company for
“Cause” (as defined in the employment agreement) or (3) terminated by the Company without “Cause.” Under her employment agreement, Mrs. Lucas is entitled to an annual base salary of $600,000, which base salary is
subject to a 6% increase annually during the contract term and is currently $674,160.24. Additionally, pursuant to the terms of the employment agreement, Mrs. Lucas is eligible to receive an annual performance bonus with a target amount of
$100,000, which is discretionary and based on her performance during the applicable calendar year