Company: IBTA
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017508
Chunk: 41

Company: Ibotta, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 41
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 salary.

In connection with the end of his employment with us, we entered into a separation agreement with Mr. Jensen, which provided for the following payments and benefits: (i) a separation payment of $315,000, (ii) an insurance stipend of $15,605, and (iii) acceleration of the vesting of 5,738 of the RSUs granted to him on January 30, 2024 and 3,547 of the RSUs granted to him on April 17, 2024. The incremental fair value resulting from such acceleration, computed as of the modification date in accordance with ASC 718, is set forth in the “All Other Compensation” column of the “Summary Compensation Table.”

#### Ibotta, Inc.312025 Proxy Statement

#### 2024 Bonus Program
In 2024, we adopted a bonus plan for eligible employees, including our named executive officers. Each named executive officer’s target bonus opportunity under the 2024 bonus plan was equal to 100% of his base salary.

Under our 2024 bonus plan, eligible employees were able to earn cash bonuses based on our achievement of 2024 annual targets for Adjusted EBITDA and revenue, which were weighted equally. In addition, our Compensation Committee had the discretion to increase or decrease the actual bonus amount payable under the 2024 bonus plan based on the business environment, our performance, and/or the employee’s performance. Payments to each named executive officer under our 2024 bonus plan were capped at 200% of the named executive officer’s target bonus opportunity.

Following the end of 2024, our Compensation Committee reviewed our performance against the Adjusted EBITDA and revenue performance measures and approved bonuses of 97% of the target amount for each named executive officer that remained employed by us at that time. Mr. Jensen’s employment with us ended in July 2024, and he did not receive any bonus for 2024. The actual bonus amounts payable to our named executive officers under the 2024 bonus plan are set forth in the “Bonus” column of the “Summary Compensation Table.”

#### Amendments to July 2021 Option Grants
In July 2021, we granted options to purchase shares of our Class A common stock under our 2011 Equity Incentive Plan (2011 Plan) to our named executive officers. These options were granted in anticipation of an intended initial public offering of our Class A common stock in 2021 and were scheduled to vest in equal monthly installments