Company: SATLW
Filing Date: 2025-10-21
Form Type: DEF 14A
Source: 0001437749-25-031429
Chunk: 24

Company: Satellogic Inc.
Filing Date: 2025-10-21
Form: DEF 14A
Chunk 24
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 are payable quarterly in arrears.

| Cash Compensation: |  $60,000 |
| Audit Chair Fee:   |  $20,000 |
| Restricted Stock:  | $175,000 |

Expense Reimbursement

We reimburse directors for travel expenses related to attending Board and committee meetings and for other company related business. In certain circumstances, we may also invite director spouses to accompany directors to some of our Board meetings, for which we pay or reimburse travel expenses.

2024 Director Compensation

The following table sets forth the compensation paid in 2024 to each independent non-employee director.

| Name                  |     | Fees earned or paid in cash ($) |        |     | Stock awards ($)(1) |         |     | Total ($) |         |
| Ted Wang              |     |                                 | 60,000 |     |                     | 175,000 |     |           | 235,000 |
| Marcos Galperin(2)    |     |                                 |      - |     |                     | 235,000 |     |           | 235,000 |
| Kelly J. Kennedy      |     |                                 |  6,667 |     |                     | 131,250 |     |           | 137,917 |
| Peter Thomas Killalea |     |                                 |      - |     |                     | 235,000 |     |           | 235,000 |
| Bradley Halverson(3)  |     |                                 | 73,333 |     |                     |       - |     |           |  73,333 |

(1) Represents the aggregate grant-date fair value of 175,000 time-vesting RSUs for Mr. Wang, 131,250 for Ms. Kennedy (who joined the Board in 2024) and 235,000 time-vesting RSUs for Messrs. Galperin and Killalea, which were granted as the equity component of each non-employee director’s annual retainer, on September 4, 2024. Messrs. Galperin and Killalea elected to receive the cash portion of their compensation as equity. The fair value of RSUs is based on the closing price per share of the Company’s common stock on the grant date determined in accordance with FASB ASC Topic 718 (“Topic 718”). The award of RSUs represents the right to receive shares of common stock upon the vesting date of the award. The RSUs vested on May