Company: QTIWW
Filing Date: 2025-07-03
Form Type: PRE 14A
Source: 0001844505-25-000066
Chunk: 44

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-07-03
Form: PRE 14A
Chunk 44
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ov as the Company’s Chief Financial Officer. Mr. Budagov’s base salary per his employment agreement, which the Board approved on March 18, 2024, effective as of March 12, 2024 was $380,000. On July 3, 2024, the Board approved the grant of 325,000 stock options to Mr. Budagov. The stock options have an exercise price of $0.748 per option and a grant date fair value of $0.47 per option. One-third of the stock options granted will vest on February 15, 2025, and the remaining two-thirds of the stock options will vest quarterly over a two year period thereafter. During 2024, Mr. Budagov received a sign-on bonus of $63,333 in accordance with his employment agreement.

(4) Effective December 8, 2023, Mikel Ann Price resigned from her full-time position as Chief Financial Officer. As part of her final termination payment, Ms. Price received a cash payment of $22,211 for earned and unused PTO.

#### Outstanding Equity Awards at Fiscal Year-End
The following table sets forth information concerning outstanding equity awards held by each of the Company’s NEOs 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       |     |            |
|:----------------|:----|:--------------|:----|:------------|:----|:--|:----|:--------------|:----|--------:|:----|:----------|------:|:----|:-----------|:----|:-----------|
| Dr. Raluca Dinu |     | 07/03/2024    |     |             |     | — |     |               |     | 590,000 |     | $         | 0.748 |     |            |     | 07/03/2034 |
| Anastas Budagov |     | 07/03/2024    |     |             |     | — |     |               |     | 325,000 |     | $