Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 125

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 6
Chunk 125
---
 one times their annual salary during the fiscal year in which the termination is effected, and (ii) continuation for twelve months of health and social benefits.

Certain of the arrangements set forth above, may only apply to our chief executive officer and chief technology officer if approved by our shareholders at a meeting of our shareholders. Until such time as shareholder approval is obtained, our chief executive officer and our chief technology officer shall not participate in the above arrangements, and shall instead be entitled to receive the following in accordance with their previously approved compensation packages:

Time-based equity awards granted to our chief executive officer and chief technology officer are subject to a “double trigger” full acceleration vesting mechanism upon a Merger/Sale (as defined in the 2021 Share Incentive Plan). That is, shares do not automatically vest upon a Merger/Sale, as vesting requires two triggers: (i) Merger/Sale, as well as (ii) termination of employment without “cause” in connection with the Merger/Sale, provided that such termination occurs in the three months prior to or the twelve months following such Merger/Sale. In addition, in the circumstances described above, our chief executive officer and chief technology officer are each entitled to receive severance payments in amounts equal to (i) one times their annual salary during the fiscal year in which the termination is effected, (ii)

continuation for twelve months of health and social benefits, and (iii) a pro rata portion of their target bonus, if such bonus is earned with respect to the fiscal year in which the termination is effected.

Upon termination of employment, without “cause” or voluntary termination for “good reason”, not in connection with a Merger/Sale, our chief executive officer and chief technology officer are each entitled to receive severance payments in amounts equal to (i) one times their annual salary during the fiscal year in which the termination is effected, and (ii) continuation for twelve months of health and social benefits.

CEO Multi-Year Equity Award

In July 2021, our board of directors and shareholders granted to our chief executive officer, Mr. Gal, a multi-year equity award, comprising 3,993,440 RSUs (the “ Multi-Year Award”). The grant date fair value of the Multi-Year Award, which is the amount of share-based compensation expense that we recognize, is primarily determined based on the share price on the date the award was granted and is not based on our current share price. This amount is expensed utilizing the accelerated attribution method over