Company: PIII
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001140361-25-016302
Chunk: 42

Company: P3 Health Partners Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 42
---
 the three-year period thereafter, subject to his continued employment through the applicable vesting date. Mr. Pedersen’s RSUs are subject to both service-vesting and performance-vesting conditions, such that both conditions must be satisfied for the RSUs to vest. The applicable vesting date will be the later of (i) the date on which the applicable service-vesting condition is satisfied and (ii) the date on which the performance-vesting condition is satisfied. The service-vesting condition will be satisfied on the same time-vesting schedule as the Pedersen Option Award. The performance-vesting condition will be satisfied upon the closing of the first underwritten offering and sale of the Company’s Class A common stock following the effective date of Mr. Pedersen’s employment, subject to his continued employment through such date. Benefits and Perquisites All of our full-time employees, including our named executive officers, are eligible to participate in our health and welfare plans. In addition, we maintain a 401(k) retirement savings plan for our employees, including certain of our named executive officers, who satisfy certain eligibility requirements. Our named executive 26

TABLE OF CONTENTS

officers who are employees are eligible to participate in the 401(k) plan on the same terms as other full-time employees. The Internal Revenue Code allows eligible employees to defer a portion of their compensation, within prescribed limits, on a pre-tax basis through contributions to the 401(k) plan. Currently, we match contributions made by participants in the 401(k) plan up to a specified percentage of the employee contributions. We generally do not provide perquisites to our named executive officers, and we do not view perquisites or other personal benefits as a significant component of our executive compensation program. We do not make gross-up payments to cover our named executive officers’ personal income taxes that may pertain to any of the compensation or perquisites paid or provided by our Company. Outstanding Equity Awards at Fiscal Year-End The following table summarizes information regarding the outstanding equity awards held by each named executive officer as of December 31, 2024. This information is as of prior to, and does not reflect, the Reverse Stock Split.

|                |     | Option Awards(1) |     |               |     |          |     |            |     | Stock Awards(1) |     |            |
| Name           |     | Number of        
 Securities       
 Underlying       
 Unexercised      
 Options          
 Exercisable      
 (#)              |