Company: DMRC
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001437749-25-009135
Chunk: 82

Company: Digimarc CORP
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 82
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 Federal Income Tax Consequences to Us. In the foregoing cases, we generally will be entitled to a deduction at the same time and in an amount equal to the ordinary income recognized by the participant, subject to certain limitations on deductions for compensation contained in the Code.

Code Section 409A. We intend that awards granted under the 2018 Plan comply with, or otherwise be exempt from, Section 409A of the Code.

Other Information

A new plan benefits table for the 2018 Plan and the benefits or amounts that would have been received by or allocated to participants for the last completed fiscal year under the 2018 Plan if the 2018 Plan was then in effect, as described in the federal proxy rules, are not provided, because all awards made under the 2018 Plan are and will be made at the Committee’s discretion. Therefore, the benefits and amounts that will be received or allocated under the 2018 Plan are not determinable at this time. However, please refer to the description of restricted stock awards granted to our non-employee directors in the last fiscal year under the heading “Director Compensation” and the description of restricted stock unit awards granted to our executive officers named in the “2024 Summary Compensation Table,” as set forth in that table and the “2024 Grants of Plan-Based Awards Table” and described under the heading “Narrative to Summary Compensation Table and Grants to Plan-Based Awards Table.” If the amendments to the 2018 Incentive Plan are not approved, the 2018 Incentive Plan will continue effect without such amendments.

Vote Required

The proposal to amend the 2018 Incentive Plan will be approved if a quorum is present at the Annual Meeting and the votes cast in favor of this proposal exceed the votes cast opposing this proposal.

<div align='center'>The Board of Directors recommends a vote FOR the approval of the amendments to the 2018 Incentive Plan.

47

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

Digimarc routinely publishes as part of its proxy the list of any shareholders that hold a beneficial interest of more than five percent of the outstanding shares of the corporation. These shareholders also provide filings of their ownership interest. The following table contains the list of the beneficial ownership of our common stock as of March 12, 2025, by:

| ● | each person or entity known by us to own beneficially more than five percent of our common stock; |

| ● | our chief executive officer