Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 261

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 261
---
 31, 2024  |     |            | 1,790 |     |            | 3.25 |
| Nonvested at January 1, 2025 |     |            |   776 |     |            | 4.04 |
| Granted                      |     |            |     — |     |            |    — |
| Vested                       |     |            |    71 |     |            | 6.56 |
| Forfeited or expired         |     |            |    11 |     |            | 5.81 |
| Nonvested at March 31, 2025  |     |            |   694 |     |            | 3.85 |

F-24

Slide Insurance Holdings, Inc. Notes to Unaudited Condensed Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) For the three months ended March 31, 2025 and 2024, there was $1,711 and $4,135 of total unrecognized compensation cost related to nonvested share-based compensation arrangement granted under the employee share option plan, respectively. The total value of shares vested during the three months ended March 31, 2025 and 2024 was $467 and $424, respectively. Included in the tables above are 800,000 shares of performance-based option shares and 400,000 shares of performance-based option shares issued by the Company during 2023 and 2021, respectively. These shares vest based upon performance conditions including the date the board approves that the Company has achieved specific revenue and EBITDA targets. During the three months ended March 31, 2025 and 2024, 950,000 and 600,000 shares vested or expected to vest from the performance-based shares based on performance conditions, respectively. The total fair value of the performance shares vested or expected to vest during the months ended March 31, 2025 and 2024 were $3,673 and $2,080, respectively. As of March 31, 2025 and 2024, 250,000 and 600,000 of the performance-based options were unvested and had not yet had performance conditions met, with a total value of $1,067 and $2,660, respectively. The Company has recorded compensation expense, included in General and administrative expense in the Consolidated Statements of Operations and Additional paid-incapital in