Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 1000

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 8
Chunk 1000
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     458,000 
  
    Ronald Bourque 
     655,000 
  
    Jeff Parsons 
     100,000 
  
    Robert Wyler 
     478,000 

Outstanding
Equity Awards at Fiscal Year-End

The
following table summarizes the number of shares of common stock underlying outstanding equity incentive plan awards for each named executive
officer as of March 31, 2025.

    Option
    Awards
  
    Name 
    Vesting
                                                                                Start
                                            Date 
    Underlying
    Unexercised Options (#) Exercisable  
    Underlying
    Unexercised Options (#) Unexercisable  
    Option
                                                                                Exercise
                                            Price ($)  
    Option
                                                                                Expiration
                                            Date
  
    John
    Stauss 
    1/31/2025 
              -  
     458,000  
    $0.83  
    1/31/2030
  
    Ronald
    Bourque 
    1/31/2025 
     -  
     655,000  
    $0.75  
    1/31/2030
  
    Jeff
    Parsons 
    7/17/2024 
     -  
     100,000  
    $0.88  
    7/17/2029
  
    Robert
    Wyler 
    1/31/2025 
     -  
     478,000  
    $0.83  
    1/31/2030

Clawback
Policy

We
are not required to maintain a compensation recovery policy.

Equity
Award Timing Policies and Practices

We
do not grant option awards in anticipation of the release of material nonpublic information and we do not time the release of material
nonpublic information based on option award grant dates or for the purpose of affecting the value of executive compensation. In addition,
we do not take material nonpublic information into account when determining the timing and terms of such awards. In fiscal year 2025,
we did not grant option awards to our named executive officers during the time period outlined in Item 402(x) of Regulation S-K.

Insider
Trading Compliance Policy

We
maintain an insider trading compliance policy, as discussed in Part III. Item 10. Directors, Executive Officers and Corporate Governance—Insider
Trading