Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 39

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 11
Chunk 39
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 2025, this column includes (i) the salary paid to Messrs. Venkatesan, Stewart, Dumbrell, Singal and Ms.             Novoseletsky.

(2)Represents bonus amounts accrued as of the respective fiscal year end and paid subsequent to fiscal year end based on respective employment agreements and achievement of corporate targets set by the Board.

(3)The grant date fair value of the stock awards shown in this column are computed in accordance with FASB ASC Topic 718. Please see Note 12 - Stock Based Compensation Plans for further information on how we compute the value of equity awards, and refer to the discussion above under “Elements of Compensation-Equity Awards” for further information on our equity program.

(4)The grant date fair value of the stock option awards shown in this column are computed using a Black-Scholes model for time vesting awards and Monte Carlo simulation model for performance-based awards in accordance with FASB ASC Topic 718. Please see Note 12 - Stock Based Compensation Plans for further information on how we compute the value of equity awards, and refer to the discussion above under “Elements of Compensation-Equity Awards” for further information on our equity program.

(5)Represents matching 401(k) plan contributions for each individual as well as associated with the Merger Agreement described in Note 21 - Subsequent Events, transaction bonuses of $200,000 and $100,000 were paid to Mr. Stewart and Ms. Novoseletsky, respectively.

(6)Mr. Singal commenced employment as our Chief Technology Officer in September 2022. 

(7)Ms. Novoseletsky commenced employment as our Chief Legal and Compliance Office and General Counsel in January 2023. 

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Grants of Plan-Based Awards

The table below summarizes the amounts of awards granted to our NEOs during the fiscal year ended June 30, 2025:

NameGrant DateEstimated Future Payouts Under Non-Equity Incentive Plan AwardsEstimated Future Payouts Under Equity Incentive Plan AwardsAll OtherStockAwards:Number of Shares of Stock or Units(#)All Other Option Awards: Number of Securities Underlying Options(#)Exerciseor BasePrice ofOptionAwards$/Sh Grant Date Fair Value of Stock and Option Awards($)Threshold ($)Target ($)Maximum ($)Threshold (#)Target (#)Maximum (#)Ravi Venkatesan2025 AnnualBonus315,000 450,000 585,000