Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 611

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 6
Chunk 611
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 to directors, officers, employees
under this plan, is limited to 36,125 options. Stock options can be granted with an exercise price equal to or less than the stock’s
fair market value at the date of grant.

The
fair value of each option award is estimated on the date of grant using the Binomial option-pricing model that used the weighted average
assumptions in the following table. The risk free rate for the expected term of the option is based on the U.S. Treasury yield curve
in effect at the time of grant.

SCHEDULE
OF FAIR VALUE ASSUMPTIONS OF STOCK OPTIONS

    2024
    Grants  
    2023
    Grants 
  
    Dividend
    yield 
     0 % 
     0%
  
    Expected
    volatility 
     86.22% 
     82.49%
  
    Risk-free
    interest 
     4.3% 
     3.96%
  
    expected
    term 
     2.0-2.8  
     5 

In
the years ended December 31, 2024 and 2023, 6,875 and 11,625 options, respectively, were granted.

On
December 27, 2023, the Company’s stockholders approved an increase in the shares available for issuance under the 2017 Equity Incentive
Plan from 36,125 shares to 130,000 shares.

On
February 14, 2024, the Compensation Committee of the Company granted restricted share awards under the Company’s 2017 Equity Incentive
Plan to Ronen Luzon, Or Kles and Billy Pardo, pursuant to which they were issued 37,500 restricted shares, 18,750 restricted shares and
18,750 restricted shares, respectively. The restricted shares vest in three equal instalments on January 1, 2025, January 1,2026
and January 1, 2027, conditioned upon continuous employment with the Company, and subject to accelerated vesting upon a change in control
of the Company.

    F-26

MY
SIZE, INC. AND ITS SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

U.S.
dollars in thousands (except share data and per share data)

NOTE
14 - STOCK BASED COMPENSATION (Cont.)

The
total stock option compensation expense in