Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 345

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 345
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9/2024   |     | 9/1/2023     |     |       51,000 | -3 |     |        455,940 |     |              |     |              |

____________ (1)Amounts are calculated based on multiplying the number of shares shown in the table by the fair market value of Fold Common Stock as of December 31, 2024, which was $8.94 per share. (2)Represents restricted Fold Common Stock which was purchased by Mr.Reeves at fair market value on the date of grant ($0.35 per share) and which vests with respect to 1/48 thof the shares subject thereto on each monthly anniversary of the vesting commencement date, subject to Mr. Reeves’ continued service through the applicable vesting date. If, within 12 months following a “change in control” of Fold (as defined in the 2019 Plan), Mr. Reeves’ employment is terminated (i) by Fold without cause or (ii) due to his resignation following: (A) a material adverse change in his job position causing such position to be of materially less stature or responsibility or (B) a change by the Company (or a successor company) in his principal work location by more than 60 miles, then, in either case, the award will vest in full (to the extent then -unvested). (3)Represents Fold RSUs that vest upon satisfaction of both a service -basedvesting requirement and a liquidity event vesting requirement. The service -basedvesting condition is satisfied as to one -fourthof the Fold RSUs on the first anniversary of the vesting commencing date and as to 1/48 thof the Fold RSUs on each monthly anniversary of the vesting commencement date thereafter, subject to the grantee’s continued service through the applicable vesting date. The liquidity event vesting condition is satisfied upon the first to occur, on or prior to the seventh (7 th) anniversary of the grant date, of a change in control of Fold or an initial public offering of Fold’s common stock. (4)Represents Fold RSUs that vest upon satisfaction of both a service -basedvesting requirement and a liquidity event vesting requirement. The service -basedvesting condition is satisfied as to one -fourthof the Fold RSUs on the first anniversary of the vesting commencing date and as to 1/48 thof the Fold RSUs on each monthly anniversary