Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 257

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 257
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 Compensation Committee factoring in peer data, the individual’s performance and impact to the Company, and the individual’s outstanding equity holdings.

For 2025 Annual Grants, grants made to our 2025 NEOs (Messrs. Allaire, Fox-Geen, Tarbert, and Chandhok) were as follows: (i) Mr. Allaire, $9,000,000, (ii) Mr.
Fox-Geen, $6,000,000, (iii) Mr. Tarbert, $7,500,000, and (iv) Mr. Chandhok, $6,000,000. For Mr. Tarbert, $1,500,000 represents a one-time promotional grant.

The
2025 Annual Grants have both time-based and performance-based vesting conditions. The time-based vesting condition is 25% after one year, then monthly thereafter for the next 36 months. The performance-based vesting condition will be satisfied upon
a qualifying change in control event or public listing of the Company, which will be deemed satisfied in connection with our initial public offering.

One time IPO-related compensation

In connection with the efforts undertaken to prepare Circle for an initial public offering and to continue executing upon
critical business initiatives thereafter, each of our NEOs who remains an executive officer at such time (Messrs. Allaire, Fox-Geen, Tarbert, and Chandhok) will receive a cash bonus of $1,000,000, to be paid in quarterly installments over two years
beginning in March 2025.

Other compensation and benefits

Company 401(k) plan

Our executives, including our NEOs, may
participate in our tax-qualified 401(k) retirement plan, which provides eligible U.S. employees with an opportunity to save for retirement on a tax-advantaged basis.
Plan participants are able to defer eligible compensation subject to the applicable annual limits set forth in the Internal Revenue Code of 1986, as amended (the “Code”). In fiscal year 2024, we matched 100% of the first 3% of
contributions by plan participants, and 50% of the next 2% of contributions by plan participants, subject to annual contribution limits set forth in the Code. The 401(k) plan is intended to be qualified under Section 401(a) of the Code and its
related trust is intended to be tax exempt under Section 501(a) of the Code. As a tax