Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 365

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 2
Chunk 365
---

  
    Chief Financial Officer(6) 
    2024  
     22,778  
     10,000(7) 
     —  
     —  
     —  
    $32,778 

    Robert J Folkes 
    2025  
     —  
     —  
     —  
     —  
    $—  
    $— 
  
    Chief Financial Officer(4) 
    2024  
     58,923  
     —  
     14,980  
     —  
    $13,657  
    $87,560 

    Randall Meyer 
    2025  
     153,750  
     —  
     —  
     —  
    $13,008  
    $166,758 
  
    Chief Operating Officer(5) 
    2024  
     270,000  
     —  
     23,184  
     —  
    $12,912  
    $306,096 

(1)In
                                            lieu of receiving cash in the amount of $29,167 for one month’s salary payment, Mr.
                                            Lai received an aggregate of 10,100 shares of the Company’s common stock. The stock
                                            was valued at a price of $2.8878 per share in fiscal year 2023.

    (2)
    Amounts
    shown represent grant date fair value computed in accordance with ASC Topic 718, with respect to restricted stock awards (based on
    the closing price of our common stock on the grant date) and stock option awards. Information
    regarding the valuation assumptions used in the calculations is included in “Note 11 – Stockholder’s Equity”
    of our audited consolidated financial statements included in our 2023 Form 10-K.

    (3)
    Represents
    the payment of health insurance premiums by the Company for Mr. Lai and Mr. Folkes.

    (4)
    Mr.
    Folkes was appointed to serve as the Company’s Chief Financial Officer on April 14, 2021 and resigned as of February 29, 2024.

    (5)
    Mr.
    Meyer was appointed to serve as the Company’s Chief Operating Officer on September 10, 2021 and his