Company: SOBR
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001477932-25-002746
Chunk: 365

Company: SOBR Safe, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 365
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2   346  $  2,387.00  0.7 years Granted   135    1,298.00   - Vested   (287)    2,090.00    Unvested at December 31, 2023  194  $2,068.00  1.7 years Granted  -   -   - Vested  (104)  2,387.00    - Unvested at December 31, 2024  90  $1,683.00  1.0 years   For the years ended December 31, 2024, and 2023, the Company recorded in stock-based compensation expense $62,095 and $641,043, respectively, of RSU based compensation. The fair value of RSUs granted during the years ended December 31, 2024, and 2023 was none and $174,062, respectively. As of December 31, 2024, total unrecognized compensation costs of RSUs granted and outstanding but not yet vested was $62,095 which is expected to be recognized over 12 months.  Executive Officers Stock Options and RSUs The Company had 701 vested and 251 unvested outstanding executive officers stock options exercisable at $528 to $2,552 per share with a weighted average remaining contractual life of 6.2 years as of December 31, 2024, and 398 vested and 419 unvested outstanding executive stock options exercisable at $869.20 to $2625.70 per share with a weighted average remaining contractual life of 7.5 years as of December 31, 2023. The Company had 90 unvested RSUs granted to executive officers with a remaining weighted average vesting period of 12 months as of December 31, 2024.  The Company had no vested and 90 unvested RSUs granted to executive officers as of December 31, 2024, with a remaining weighted average vesting period of 12 months. The Company had no vested and 194 unvested RSU’s granted to executive officers as of December 31, 2023, with a remaining weighted average vesting period of 1.7 years. On January 30, 2023, the Company entered into an Employment Agreement with David Gandini to continue