Company: SQFTP
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001641172-25-005264
Chunk: 40

Company: Presidio Property Trust, Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 40
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 | 72,225 |
| Gary M. Katz     |     |      | 2024 |     | $                               |      - |     | $                                                | - |     | $                                     | 13,022 |     | $                                  | 2,750 |     | $              |      - |     | $            |      - |     | $                | 15,060 |     | $                           | 30,832 |
|                  |     |      | 2023 |     | $                               | 30,223 |     | $                                                | - |     | $                                     | 12,000 |     | $                                  | 2,130 |     | $              |      - |     | $            |      - |     | $                | 13,800 |     | $                           | 58,153 |
| Ed Bentzen       |     |      | 2024 |     | $                               |      - |     |                                                  | - |     | $                                     |  9,776 |     | $                                  | 2,750 |     | $              |      - |     | $            |      - |     | $                | 15,060 |     | $                           | 27,586 |
|                  |     |      | 2023 |     | $                               |  9,065 |     | $                                                | - |     | $                                     |  9,292 |     | $                                  | 2,130 |     | $              |      - |     | $            |      - |     | $                | 13,800 |     | $                           | 34,287 |

Employment Agreements with Named Executive Officers

Employment Agreement with Jack K. Heilbron

On December 29, 2023, the Company entered into an amended and restated employment agreement with its Chief Executive Officer, President and Chairman Jack K. Heilbron (the “Heilbron Employment Agreement”), which superseded his October 18, 2017 employment agreement with us. The Employment Agreement has a term of three years and shall be automatically renewed for additional one-year terms unless either party provides three months’ written notice. Mr. Heilbron will receive an annual salary of $425,996 which shall be reviewed annually by the Board of Directors of the Company or Compensation Committee and he will be entitled to receive, in addition to his base salary, an annual bonus at a target of up to