Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 1038

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 11
Chunk 1038
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)
 EXERCISABLE  
    NUMBER OF
 SECURITIES
 UNDERLYING
 UNEXERCISED
 OPTIONS (#)
 UNEXERCISABLE  
    OPTION
 EXERCISE PRICE
 ($)  
    OPTION
 EXPIRATION DATE
  
    Faith L. Charles 
    12/18/2024(2)
     -  
     4,200  
    $7.10  
    12/17/2034

    12/1/2023(1)
     217  
     433  
     551  
    11/30/2033
  
    Chele Chiavacci Farley 
    12/18/2024(2)
     -  
     4,200  
    $7.10  
    12/17/2034

    12/1/2023(1)
     217  
     433  
     551  
    11/30/2033
  
    Freda Lewis-Hall 
    12/18/2024(2)
     -  
     4,200  
    $7.10  
    12/17/2034

    12/1/2023(1)
     217  
     433  
     551  
    11/30/2033
  
    Simon Fry 
    12/18/2024(2)
     -  
     4,200  
    $7.10  
    12/17/2034

    (1)
    The stock option vests as to 1/3 of the underlying shares on each of the first three anniversaries of the vesting commencement date
  
    (2)
    The stock options vests 100% of the underlying shares on the first anniversary of the vesting commencement date

Compensation
Program for the Board of Directors

We
adopted a compensation program for our board of directors, which became effective upon completion of the Business Combination, and was
amended on November 15, 2024. Under the compensation program, the non-employee directors will receive the following annual cash
retainers for their service on the board of directors and its committees:

    ●
    $35,000
    for each non-employee director;

    ●
    $30,000
    for the Chairperson of