Company: INV
Filing Date: 2025-05-09
Form Type: ARS
Source: 0001628280-25-024065
Chunk: 177

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: ARS
Chunk 177
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 Refinity Units — — — — 109,000(4) 0 Mike Otworth INV Options — 262,295(2) 12.20 12/9/2034 Refinity Units 109,000(4) 0 Accelsius SARs — 150,000(3) 12.175 12/31/2026 INV RSUs 537,705(5) 7,447,214 Accelsius Units 75,000(6) 3,147,750(7) Dr. John Scott INV Options — 163,934(2) 12.20 12/9/2034 Refinity Units 109,000(4) 0 Accelsius SARs — 150,000(3) 12.175 12/31/2026 INV RSUs 336,066(5) 4,654,514 Accelsius Units — — — — 9,375(8) 434,813(7) _______________ (1) Type of Award: Refinity Units – Refinity Incentive Units; INV Options – stock options to purchase shares of Common Stock; INV RSUs – restricted stock units settled in shares of Common Stock; Accelsius SARs – awards granted by Innventure and settled in shares of Common Stock, the value of which is determined based on the increase in value of Class A Common Units of Accelsius; Accelsius Units – Accelsius Incentive Units. (2) In general, these stock options will vest on October 2, 2025, or, if earlier, on the same date that the lock-up set forth in the contractual lock-up agreement entered into by such individual on October 24, 2023 terminates pursuant to its terms, subject to each NEO’s continuous service until the applicable vesting date. (3) In general, these Accelsius SARs will be automatically exercised upon the earliest to occur of: (i) the 24-month anniversary of the grant date, (ii) the participant’s death, or (iii) the participant’s “disability” (as defined in the applicable award agreement). (4) On December 11, 2024, Refinity Holdings granted to each NEO 109,000 Refinity Incentive Units, with a Refinity Distribution Threshold of $0.00. Such Refinity Incentive Units will vest over a three-year period, with 25% vesting on the one-year anniversary of the