Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 264

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 264
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 in the ESPP.

Grant and Exercise of Options. Each participant will be granted, on the first trading day of each offering period (“grant date”), an option to
purchase, on the last trading day of the offering period (“purchase date”), a number of shares of our Class A common stock determined by dividing the participant’s accumulated payroll deductions by the applicable purchase price. The
purchase price for the option will equal the lesser of (i) 85% of the fair market value of a share on the grant date or (ii) 85% of the fair market value of a share on the purchase date. A participant’s option will be exercised automatically on
the purchase date to purchase the maximum number of shares, including fractional shares, of our Class A common stock that can be purchased with the amounts in the participant’s notional account. The maximum number of shares of our Class A
common stock that may be purchased by a participant during a single offering period may not exceed 2,500 shares, subject to adjustment (the “Offering Period Limit”).

Withdrawal. Participants may withdraw from an offering by submitting a revised enrollment form indicating his or her election to withdraw at least 15 days
before the purchase date. The accumulated payroll deductions held on behalf of the participant in his or her notional account will be paid to the participant as soon as administratively feasible following such withdrawal, and the participant’s
option will be automatically terminated. A participant’s election to withdraw from an offering period will not have any effect on his or her eligibility to participate in succeeding offering periods.

Termination of Employment; Change in Employment Status; Transfer of Employment. On termination of a participant’s employment for any reason, or a
change in the participant’s employment status following which the participant is no longer an eligible employee, the participant will be deemed to have withdrawn from the ESPP effective as of the date of such termination of employment or change
in status, the accumulated payroll deductions remaining in the participant’s notional account will be returned to the participant, and the participant’s option will be automatically terminated.

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Oversubscribed Offerings. If the Compensation Committee determines that, on a particular purchase date,
the number of shares with respect to which options are to be exercised either exceeds the number of shares available under the ESPP or the maximum aggregate number of shares that may be purchased in an offering (to the extent such a limit is imposed
by the Compensation Committee), the shares will be allocated pro rata in a uniform manner as practicable