Company: SLDE
Filing Date: 2025-03-10
Form Type: DRS/A
Source: 0000950123-25-003025
Chunk: 261

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-03-10
Form: DRS/A
Chunk 261
---
 |     |            | 1,329 |     |            | 2.31 |
| Granted                        |     |            | 1,350 |     |            | 4.71 |
| Vested                         |     |            |   670 |     |            | 2.92 |
| Forfeited or expired           |     |            |    78 |     |            | 3.39 |
| Nonvested at December 31, 2024 |     |            | 1,931 |     |            | 4.12 |
| Granted                        |     |            |     — |     |            |    — |
| Vested                         |     |            | 1,069 |     |            | 5.92 |
| Forfeited or expired           |     |            |    86 |     |            | 4.05 |
| Nonvested at December 31, 2024 |     |            |   776 |     |            | 4.04 |

As of December 31, 2024 and 2023, there was $1,956 and $7,951 of total unrecognized compensation cost related to nonvested share-based compensation arrangement granted under the employee share option plan, respectively. The total value of shares vested during the year ended December 31, 2024 and 2023 was $4,465 and $1,984, respectively. Included in the tables above are 800,000 shares of performance-based option shares and 400,000 shares of performance-based option shares issued by the Company during 2023 and 2021, respectively. These shares vest based upon performance conditions including the date the board approves that the Company has achieved specific revenue and EBITDA targets. During the years ended 2024 and 2023, 950,000 and 350,000 shares vested or expected to vest from the performance-based shares based on performance conditions, respectively. The total fair value of the performance shares vested or expected to vest during 2024 and 2023 were $3,673 and $1,519, respectively. As of December 31, 2024 and 2023, 250,000 and 600,000 of the performance-based options were unvested and had not yet had performance conditions met, with a total value of $1,067 and $2,425, respectively. The Company has recorded compensation expense, included in General and administrative expense in the