Company: CPMV
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001683168-25-002584
Chunk: 313

Company: Mosaic ImmunoEngineering Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 313
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 correspondence to Mosaic ImmunoEngineering, Inc., 9114 Adams Avenue, #202, Huntington Beach, California
92646, Attention: Board of Directors. The Corporate Secretary reviews and forwards correspondence to the appropriate director or group
of directors for response.

 42 

    ITEM 11.
    EXECUTIVE COMPENSATION

The following table summarizes the compensation of
the named executive officers for the years ended December 31, 2024 and 2023.

    Name and Principal Position
     
    Year

    Salary
                                                                               ($)

    Bonus
    ($)

    Stock
    Awards
    ($)

    Total
    Compensation
    ($)

    Steven King, President and Chief 
     
    2024

    $
    250,000
    (1)(2)
     
    $
    –

    $
    –

    $
    262,147

    Executive Officer (“CEO”)
     
    2023

    $
    250,000
    (1)
     
    $
    –

    $
    –

    $
    267,844

    Paul Lytle, EVP, Chief Financial 
     
    2024

    $
    116,846
    (1)(3)(4)
     
    $
    –

    $
    –

    $
    136,371

    Officer (“CFO”)
     
    2023

    $
    250,000
    (1)
     
    $
    –

    $
    –

    $
    295,526

(1)Of such amount, Mr. King and Mr. Lytle have agreed to defer 85% of their base salary payable in cash until
such a time that the Company is able to raise at least $4 million in funding.

(2)Of the 15% to be paid in cash, $17,308 has been accrued and not paid as of December 31, 2024.

(3)Of the 15% to be paid in cash, $8,862 has been accrued and not paid as of December 31, 2024.

(4)Effective June 1, 2024, Mr. Lytle reduced his time commitment to the Company to part-time status to provide
no more than eight (8) hours of service per month.

Outstanding Equity Awards

The following table sets forth certain information
regarding unexercised stock options and unvested stock awards held