Company: ZURA
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038042
Chunk: 54

Company: Zura Bio Ltd
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 54
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 consideration. (2) Includes (a) 11,087,747 stock options outstanding under the 2023 Plan; (b) 876,923 restricted stock units outstanding (assuming 100% vesting) under the 2023 Plan; (c) 374,995 restricted share awards outstanding (assuming 100% vesting) under the 2023 Plan; and (d) a grant of 1,130,000 stock options to purchase Class A ordinary shares issued to Amit Munshi outside of the 2023 Plan and approved by the Company’s shareholders on June 1, 2023, and administered under the 2023 Plan. No shares have been issued under the Company’s 2023 Employee Stock Purchase Plan (“ESPP”). (3) Represents the number of securities remaining available for future issuance under shareholder-approved equity compensation plans, which is comprised of (i) 11,759,582 Class A ordinary shares authorized for issuance under the 2023 Plan, reduced by 13,926,197 Class A ordinary shares that were issued or to be issued upon exercise of outstanding options or vesting of restricted share units, and (ii) 4,029,898 Class A ordinary shares authorized for issuance under the ESPP. The Class A ordinary shares issuable under the 2023 Plan are subject to an annual increase on January 1st of each calendar year beginning on January 1, 2024 and ending on and including January 1, 2029, equal to the lesser of (i) 5.0% of the aggregate number of Class A ordinary shares outstanding on the final day of the immediately preceding calendar year, (ii) 8,059,796 Class A ordinary shares or (iii) such smaller number of shares as is determined by the Board. Pursuant to the terms of the 2023 Plan, the number of shares available under the 2023 Plan was increased by 3,264,877 shares effective as of January 1, 2025, which is not reflected in the table above. The Class A ordinary shares issuable under the ESPP are subject to an annual increase on January 1st of each calendar year beginning on January 1, 2024 and ending on and including January 1, 2029, equal to the aggregate number of Class A ordinary shares added to the 2023 Plan for such year. Pursuant to the terms of the ESPP, the number of shares available under the ESPP was increased