Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 422

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 422
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 J. Valasek(3)       |   | 2024 | ​ | $       | 40 | ​ | $      | 200 | ​ | $      | 0 | ​ | $              | 0 | ​ | $            | 0 | ​ | $            | 0 | ​ | $     | 240 |
| ​                               |   | 2023 | ​ | $       | 40 | ​ | $      |  46 | ​ | $      | 0 | ​ | $              | 0 | ​ | $            | 0 | ​ | $            | 0 | ​ | $     |  86 |
| Zvi Yemini                      |   | 2024 | ​ | $       | 40 | ​ | $      | 200 | ​ | $      | 0 | ​ | $              | 0 | ​ | $            | 0 | ​ | $            | 0 | ​ | $     | 240 |
| ​                               |   | 2023 | ​ | $       | 40 | ​ | $      |  46 | ​ | $      | 0 | ​ | $              | 0 | ​ | $            | 0 | ​ | $            | 0 | ​ | $     |  86 |

| (1) | In June 2023, five new, independent directors were elected by the majority stockholders and fees for 2023 reflect compensation for a partial year of service. Upon joining BOXABL each director entered into a participation agreement with BOXABL providing for $40,000 in annual cash compensation and grants of RSUs, as determined from time to time. |

| (2) | Represents initial grants in 2023 of 57,143 RSUs to each director and grants in 2024 of 250,000 RSUs to each director. Each RSU represents the right to receive, upon vesting, one share of BOXABL Common Stock under the Amended 2021 Stock Incentive Plan. The 2024 RSUs vest on a quarterly basis and become subject to monetization upon the occurrence of a Qualifying Transaction. The 2023 RSUs vested upon issuance of the stock grants. However, the underlying BOXABL Common Stock shall not be issued, but deferred until the “Distribution Date,” which is defined as the earlier of five (5) business days following the date on which the Grantee ceases to be