Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 43

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 43
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 the fair market value of the underlying shares. • No Tax Gross-ups . The 2025 Plan does not provide for any tax gross-ups. The Company will no longer provide tax gross-ups with respect to any equity awards, including the awards granted under the 2025 Plan, as a general practice. • No Accelerated Vesting Outside of Death or Disability . The administrator only has discretionary to accelerate vesting of awards in circumstances involving a Participant’s death or disability. • Limits on Non-Employee Director Compensation . The 2025 Plan includes a limit of $500,000 on the combined value of equity awards and cash compensation provided to any non-employee director in any fiscal year. • No Discounted Stock Options or Stock Appreciation Rights . Stock options and SARs must be granted with an exercise price equal to or greater than the fair market value of our Common Shares

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on the grant date (except in the case of assumptions or substitutions of equity awards occurring in connection with a corporate transaction). • No Evergreen Provision; Shareholder Approval Required for Additional Shares . The 2025 Plan does not contain an annual “evergreen” provision that provides for automatic increases in the number of Common Shares authorized for issuance under the 2025 Plan. The 2025 Plan authorizes a fixed share reserve. Therefore, we must obtain shareholder approval to increase the 2025 Plan’s share reserve. • No Dividends on Unearned Performance-Vesting Awards. The 2025 Plan prohibits the payment of dividends or dividend equivalent rights on unearned performance-vesting awards. • No Transferability . With limited exceptions, awards may not be transferred other than by will or the laws of descent and distribution. • Clawback . All awards granted under the 2025 Plan are subject to the Company’s clawback policies, pursuant to which the Company may recoup or seek reimbursement for erroneously awarded incentive compensation to executive officers and employees. • No Automatic Grants . The 2025 Plan does not provide for “reload” or other automatic grants to participants. Dilution, Burn Rate, and Equity Overhang The following table sets forth information regarding historical awards granted in 2022, 2023, and 2024, and the corresponding burn rate, which is defined as the number of shares subject to equity-based awards granted in a year divided by the weighted average number of Common Shares outstanding for that year, for each of the last three fiscal years (in thousands):

| Share Element                                                     | ​ | ​ | 2022 |   |