Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 302

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 302
---
, become or again 181 be available for new grants under the Incentive Award Plan. In addition, shares tendered or withheld to satisfy the exercise or purchase price or tax withholding obligation for any award granted under the Incentive Award Plan or the 2019 Plan will again be or will become (as applicable) available for grants under the Incentive Award Plan. The payment of dividend equivalents in cash in conjunction with any awards under the Incentive Award Plan will not reduce the shares available for grant under the Incentive Award Plan. However, the following shares may not be used again for grant under the Incentive Award Plan: (i) shares subject to stock appreciation rights (“SARs”) that are not issued in connection with the stock settlement of the SAR on exercise, and (ii) shares purchased on the open market with the cash proceeds from the exercise of options. Awards granted under the Incentive Award Plan in substitution for any equity or equity -basedawards granted by an entity before such entity’s merger or consolidation with New Fold or New Fold’s acquisition of such entity’s property or equity securities will not reduce the shares available for grant under the Incentive Award Plan but will count against the maximum number of shares that may be issued upon the exercise of ISOs. The Incentive Award Plan provides that the sum of any cash compensation and the aggregate grant date fair value (determined as of the date of grant under Financial Accounting Standards Board Accounting Standards Codification Topic 718, or any successor thereto) of all awards granted to a non -employeedirector as compensation for services as a non -employeedirector during any fiscal year may not exceed $[•] [(or, with respect to the first fiscal year of New Fold during which a non -employeedirector first serves as a non -employeedirector, $[•])]. Eligibility.New Fold’s directors, employees and consultants, and employees and consultants of New Fold’s subsidiaries, will be eligible to receive awards under the Incentive Award Plan; however, ISOs may only be granted to employees of New Fold or New Fold’s parent or subsidiary corporations. Following the Closing, New Fold is expected to have approximately [•] directors, [•] employees and [•] consultants who will be eligible to receive awards under the Incentive Award Plan. Types of Awards.The Incentive Award Plan allows for the grant of awards in the form of: (i) ISOs; (ii) non -qualifiedstock options