Company: SHPH
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001641172-25-001889
Chunk: 38

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 38
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 composition
changes, and substantial asset sales.

Transferability.Awards generally may not be sold, transferred, pledged, or assigned other than by will or laws of descent and distribution,
unless the administrator determines otherwise.

Adjustments.The administrator will make appropriate adjustments to outstanding awards in the event of stock splits, dividends, or similar
corporate events.

Amendment or Termination of the 2018 Plan. The administrator may amend, alter, suspend or terminate the 2018 Plan at any time. The 2018
Plan terminates 10 years from its effective date.

New Plan Benefits

Because future awards of stock options, restricted
stock or other equity awards under the 2018 Plan will be made at the discretion of the Compensation Committee, no data can be provided
regarding the benefits or amounts that will be received by any participant or groups of participants if the First Amendment is approved.

| 28 |

Outstanding Equity Awards at Fiscal Year-End

As of December 31, 2024, a total of 1,109,741 RSUs have been granted to our executive officers and directors under our 2018 Equity Incentive Plan (the “Plan”), of which 29,263 RSUs had vested and 1,079,645 remain subject to vesting. The Company has filed a registration statement on Form S-8 (SEC File No. 333-268758) to register shares granted under the Plan.

The following table sets forth information concerning the number of shares of common stock underlying outstanding equity incentive awards for each of our executive officers as of December 31, 2024:

| Name            |     | Option 
 Awards 
 Grant  
 Date   |         |     | Number                                                       
 of Securities Underlying Unexercised Options Exercisable (#) |   |     | Number                                                         
 of Securities Underlying Unexercised Options Unexercisable (#) |   |     | Option             
 Exercise Price ($) |   |     | Option          
 Expiration Date |   |     | Stock                                           
 Awards                                          
 Number                                          
 of Shares or Units of Stock not yet Vested (#)) |        |     | Market                                      
 Value of Shares or Units not yet Vested ($) |        |
|:----------------|:----|:-------|:--------|:----|:-------------------------------------------------------------|:--|:----|:---------------------------------------------------------------|:--|:----|:-------------------|:--|:----|:----------------|:--|:----|:------------------------------------------------|