Company: GRCE
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001140361-25-027456
Chunk: 45

Company: Grace Therapeutics, Inc.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 45
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 |     | Option 
 Awards 
 ($)(1) |     |   Total 
     ($) |
| Vimal Kavuru       |     |      95,000 |     | 21,074 |     | 116,074 |
| A. Brian Davis     |     |      62,000 |     | 21,074 |     |  83,074 |
| S. George Kottayil |     |      40,000 |     | 21,074 |     |  61,074 |
| Edward Neugeboren  |     |      54,000 |     | 21,074 |     |  75,074 |

| (1) | Calculated in accordance with FASB ASC Topic 718, “Compensation — Stock Compensation.” The fair value of stock options is estimated at the grant date using the Black-Scholes option pricing model, which uses various inputs including fair value of the common stock at the grant date, expected term, historical volatility, risk-free interest rate and expected dividend yields of the common stock. Although the assumptions used reflect management’s best estimates, they involve inherent uncertainties based on market conditions generally outside of the Company’s control. |

| (2) | As of March 31, 2025, the following non-employee directors held options to purchase the following number of shares of our common stock. None of our non-employee directors held any stock awards as of March 31, 2025. |

| Name               |     | Option Awards 
           (#) |
| Vimal Kavuru       |     |        37,017 |
| A. Brian Davis     |     |        22,500 |
| S. George Kottayil |     |        22,500 |
| Edward Neugeboren  |     |        22,500 |

Narrative to Director Compensation Table Our non-employee director compensation program was established based on the advice and input of our independent compensation consultant, Pearl Meyer, to, among other matters, enable us to attract and retain qualified directors. Periodically, our Compensation Committee engages Pearl Meyer to review our director compensation program and the practices of similarly situated public life science companies to seek to align our director compensation with the compensation levels of such companies. Our non-employee directors’ compensation consists of an annual fixed compensation of $75,000 for the Chair of the Board and $40,000 for the other non-employee directors. Following their first election