Company: HCTI
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001213900-25-021346
Chunk: 18

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 18
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 7901 Stoneridge Drive, Suite 

# 220, Pleasanton, CA 94588. (2)Entitles the holder to 1,000 votes per share and votes with the common stocks as a single class. (3)Represents total ownership percentage with respect to all shares of common stock, options and Series A Super Voting Preferred Stock, as a single class. (4)SecureKloud Technologies, Inc. is 60.7% owned by SecureKloud Technologies Limited which is a publicly traded company in India. (5)Includes 42,961shares of our common stock underlying stock options that have vested or exerciseable within 60 days of February 24, 2025. (6)Includes 19,152shares of our common stock underlying stock options that have vested or exerciseable within 60 days of February 24, 2025. (7)Includes 19,152shares of our common stock underlying stock options that have vested or exerciseable within 60 days of February 24, 2025. (8)Includes 65,000shares of our common stock underlying stock options that have vested or exerciseable within 60 days of February 24, 2025
13 PROPOSAL TWO PROPOSAL TO AMEND THE 2020 STOCK INCENTIVE PLAN TO PROVIDE FOR AUTOMATIC INCREASES IN THE NUMBER OF SHARES SUBJECT TO THE PLAN We are proposing that our stockholders approve the amendment (the “Plan Amendment”) of the Healthcare Triangle, Inc. 2020 Stock Incentive Plan (“Plan”) to provide for the automatic increase in the number of shares under the Plan on the first day of each fiscal year beginning with the 2024 fiscal year, in an amount equal to the greaterof: (a) 4,000,000shares, (b) a number of shares equal to twenty percent (20%) of the total number of shares of all classes of common stock of the Company outstanding on the last day of the immediately preceding fiscal year, or (c) such number of shares determined by the Administrator of the Plan no later than the last day of the immediately preceding fiscal year. The Plan Amendment will terminate with the termination of the Plan on December 31, 2030. Our Board of Directors believes that our continued growth and success depends, in large part, on our ability to maintain a competitive position by attracting, retaining, and motivating key employees, directors and consultants with experience and ability, which is vital to our future