Company: BFRG
Filing Date: 2025-08-08
Form Type: DEF 14A
Source: 0001641172-25-022671
Chunk: 20

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-08-08
Form: DEF 14A
Chunk 20
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 900,000 shares. Notwithstanding the number of shares available for issuance, on the first day of each month commencing January 1, 2023, or the first business day of the calendar year if the first day of the calendar year falls on a Saturday or Sunday, the number of shares eligible for awards under the 2022 Plan will automatically increase in an amount equal to 15% of the total number of shares of common stock outstanding as of December 31 stof the preceding fiscal year. Accordingly, on January 1, 2025, the total shares available for issuance under the Plan was increased by 452,774 such that the aggregate amount of shares that may be awarded under the Plan equals 603,456.

The following table summarizes the equity securities issuable upon exercise thereof by the holders thereof pursuant to equity compensation plans approved by security holders and equity compensation plans not approved by security holders, each as of December 31, 2024.

| Plan Category                                              |     | Number of            
 securities to be     
 issued upon exercise 
 of outstanding       
 options, warrants    
 and rights (a)       |           |     | Weighted-average        
 exercise price of       
 outstanding options,    
 warrants and rights (b) |      |     | Number of            
 securities           
 remaining available  
 for future issuance  
 under equity         
 compensation plans   
 (excluding           
 securities reflected 
 in column (a))       |         |
|:-----------------------------------------------------------|:----|:---------------------|----------:|:----|:------------------------|-----:|:----|:---------------------|--------:|
| Equity compensation plans approved by security holders     |     |                      |   763,514 |     | $                       | 4.04 |     |                      | 150,682 |
| Equity compensation plans not approved by security holders |     |                      |   747,376 |     | $                       | 1.69 |     |                      |       0 |
| Total                                                      |     |                      | 1,510,890 |     | $                       | 2.88 |     |                      | 150,682 |

Payments upon Termination or Change-in-Control

The following table reflects amounts payable to our Named Executive Officers (1) assuming their employment was terminated without cause on December 31, 2024, and (2) assuming a change in control on December 31, 2024.

| Name           |     | Termination Without 
 Cause (1)           |         |     | Change