Company: PFSA
Filing Date: 2025-04-28
Form Type: S-4/A
Source: 0001213900-25-035718
Chunk: 379

Company: Profusa, Inc.
Filing Date: 2025-04-28
Form: S-4/A
Chunk 379
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), a subcommittee of the New Profusa Board, a member of the New Profusa Board, the Chief Executive Officer or other executive officer of the New Profusa as the Plan Committee deems appropriate, except that it may not delegate its power and authority to a member of the New Profusa Board, the Chief Executive Officer or any executive officer with regard to awards to persons subject to Section 16 of the Exchange Act. Types of Awards Under the Equity and Incentive Plan, the New Profusa may grant: •Non -qualifiedstock options; •Incentive stock options (within the meaning of Section 422 of the Code); •Stock appreciation rights (“SARs”); •Restricted stock, restricted stock units and other stock awards (collectively, “Stock Awards”); and •Performance awards. 205 Available Shares Subject to the capitalization adjustment provisions contained in the Equity and Incentive Plan, the number of shares of New Profusa Common Stock initially available for awards under the Equity and Incentive Plan is equal to [•]. Subject to the capitalization adjustment provisions contained in the Equity and Incentive Plan, no more than [•] shares of New Profusa Common Stock in the aggregate may be issued under the Equity and Incentive Plan in connection with incentive stock options. The number of shares available under the Equity and Incentive Plan shall increase annually on the first day of each calendar year, beginning with the calendar year ending December 31, 2026, and continuing until (and including) the calendar year ending December 31, 2035, with such annual increase equal to the lesser of (i) 4% of the number of shares issued and outstanding on December 31 of the immediately preceding fiscal year and (ii) an amount determined by the New Profusa Board. The number of shares that remain available for future grants under the Equity and Incentive Plan shall be reduced by the sum of the aggregate number of shares that become subject to outstanding options, outstanding free -standingSARs, outstanding stock awards and outstanding performance awards denominated in shares, in each case, other than substitute awards. As of the Closing of the Business Combination, no future equity awards shall be granted under the Amended and Restated Profusa, Inc. 2010 Stock Option Plan (the “Prior Plan”). To the extent that shares subject to an outstanding option, SAR, stock award or performance award granted under the Equity and Incentive Plan or the Prior Plan, other than substitute awards,