Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 842

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 842
---
,000  
    $-  
    $34,050  
    $-  
    $-  
    $-  
    $79,050 

(1)
Represents cash compensation for service as a director and as chair of a board committee during the fiscal year 2024.

(2)
Represents annual value of stock options issued during fiscal year 2024 under our 2022 Equity Incentive Plan.

(3)
Mr. Singh did not receive additional compensation for his service as a director of our Company during the fiscal year 2024.

Pension,
Retirement or Similar Benefit Plans

There
are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We have
no material bonus or profit-sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive
officers, except that stock options may be granted at the discretion of the Board or a committee thereof.

Indebtedness
of Directors, Senior Officers, Executive Officers and Other Management

None
of our directors, executive officers or any associate or affiliate of our Company during the last two fiscal years is or has been indebted
to our Company by way of guarantee, support agreement, letter of credit or other similar agreement or understanding currently outstanding.

Equity
Compensation Plans

On
November 30, 2022, our Board of Directors and shareholders adopted the 2022 Equity Incentive Plan (the “Plan”). Pursuant
to the Plan, we are authorized to grant options and other equity awards to officers, directors, employees and consultants. The exercise
price of each share of common stock purchasable under an award issued pursuant to the Plan, shall be determined by our compensation committee,
in its sole discretion, at the time of grant, but shall not be less than 100% of the fair market value of such share of common stock
on the date the award is granted, subject to adjustment and conditions further described in the Plan. Our compensation committee shall
also have sole authority to set the terms of all awards at the time of grant. As of December 31, 2024, there are 150,682 shares available
under the Plan.

Outstanding
Equity Awards at Fiscal Year-End

The
following table summarizes the outstanding equity awards held by each named executive officer as of December 31, 2024. This table includes
unexercised and unvested