Company: SCLXW
Filing Date: 2025-04-29
Form Type: 10-K/A
Source: 0000950170-25-060302
Chunk: 29

Company: Scilex Holding Co
Filing Date: 2025-04-29
Form: 10-K/A
Chunk 29
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 stock while in possession of or on the basis of MNPI about us. We have not timed, and do not plan to time, the disclosure of MNPI for the purpose of affecting the value of executive compensation. In the year ended December 31, 2024, no options were granted to our named executive officers within four business days prior to, or one business day following, the filing or furnishing of a periodic or current report by us that disclosed MNPI. Non-Employee Director Compensation Pursuant to our Non-Employee Director Compensation Policy for the compensation of our non-employee directors, during 2024, each of our non-employee directors received annual retainers, subject to proration, for service on our Board and its committees as follows:

| Annual Cash Compensation                                                                                                                              |  Amount |
| Board Members                                                                                                                                         | $82,500 |
| Chairs of the Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee and Commercialization and Transaction Committee  | $37,500 |
| Members of the Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee and Commercialization and Transaction Committee | $15,000 |

| Equity Compensation   | Number |
| Initial Stock Options |  7,142 |
| Annual Stock Options  |  2,857 |

All annual cash compensation amounts for our non-employee directors are payable in equal quarterly installments in arrears, following the end of each quarter in which the service occurred, pro-rated for any partial months of service. The equity compensation paid to our non-employee directors will vest monthly over a period of 48 months from the date of grant with respect to the initial stock option grants and over a period of 12 months from the date of grant with respect to the annual stock option grants, in each case, subject to continued service through each vesting date. Additionally, we will reimburse each outside director for reasonable travel expenses related to such director’s attendance at Board and committee meetings. Employee directors receive no additional compensation for their service as a director.

Non-Employee Director Compensation Table The following table provides information regarding the total compensation that was earned by or paid to each of our non-employee directors during the year ended December 31, 2024.

| Name(1)                        | Fees Earned or Paid in Cash ($) | Option Awards ($)(2) | All Other Compensation ($) |     Total ($) |
| Current Non-Employee Directors |                                 |                      |                            |               |
| Jay Chun, M.D., Ph.D.