Company: CLPR
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001437749-25-013840
Chunk: 50

Company: Clipper Realty Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 50
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 Report on Form 10-K for the fiscal year ended December 31, 2024. See information under the headings “Annual Incentive Awards” and “Long-Term Equity Incentive Awards” below for a discussion of annual and long-term equity incentive awards granted to our named executive officers. |

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| (2) | The 2024 “Non-Equity Incentive Plan Compensation” column includes annual incentive awards paid in cash on March 18, 2024 to Messrs. J.J. Bistricer and Schwimmer See information under the heading “Annual Incentive Awards” below for a discussion of annual incentive awards granted to our named executive officers. |

| (3) | The “All Other Compensation” column includes cash distributions on outstanding LTIP units on each of April 4, May 30, August 22, and November 27, 2024. As of December 31, 2024, Mr. David Bistricer owned 1,348,637 LTIP units; Mr. J.J. Bistricer owned 1,490,876 LTIP units; and Mr. Schwimmer owned 1,041,233 LTIP units. |

Outstanding Equity Awards at 2024 Fiscal Year End

The following table provides information about outstanding, unvested Company equity-based awards held by each of our named executive officers as of December 31, 2024:

| Name            |     | Number of     
 Shares or     
 Units         
 of Stock That 
 Have          
 Not Vested    |           |    |     | Market        
 Value of      
 Shares or     
 Units         
 of Stock      
 That Have     
 Not Vested(1) |           |     | Equity      
 Incentive   
 Plan        
 Awards:     
 Number of   
 Unearned    
 Shares,     
 Units or    
 Other       
 Rights That 
 Have        
 Not Vested  |   |     | Equity       
 Incentive    
 Plan Awards: 
 Market or    
 Payout       
 Value of     
 Unearned     
 Shares,      
 Units or     
 Other        
 Rights That  
 Have         
 Not Vested   |   |
|:----------------|:----|:--------------|----------:|---:|:----|:--------------|----------:|:----|:------------|:--|:----|:-------------|:--|
| David Bistricer |     |               |   726,591 | -2 |     | $             | 3