Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 789

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 9B
Chunk 789
---
 -  
     - 
  
    Joel D. Stone (3) 
        
     500,000  
     0.50  
    12/6/2030 
     -  
     - 
  
    Joel D. Stone (4) 
        
     1,250,000  
     0.50  
    6/19/2030 
     -  
     - 
  
    Joel D. Stone (5) 
     200,000  
     400,000  
     0.54  
    6/19/2030 
     -  
     - 
  
    Joel D. Stone (5) 
     216,666  
     433,334  
     0.54  
    6/19/2030 
     -  
     - 

    (1)
    Granted
    on December 6, 2023. Represents fully-vested options/warrants granted to M1 Advisors LLC, a company controlled by Michael Campbell.

    (2)
    Granted
    on December 6, 2023. One third vest on 1st anniversary of grant date, one third on the 2nd anniversary of grant
    date and one third on the 3rd anniversary of grant date.

    (3)
    Granted
    on December 6, 2023. These options vest at various times based on the achievement of various performance milestones.

    (4)
    Granted
    on June 19, 2023. These options vest at various times based on the achievement of various performance milestones. 

    (5)
    Granted
    on June 19, 2023. One third vest on 1st anniversary of grant date, one third on the 2nd anniversary of grant
    date and one third on the 3rd anniversary of grant date.

Aggregated
Option Exercises

There
were no options exercised by any officer or director of our company during the year ended December 31, 2024.

Director
Compensation

General.
The following discussion describes the significant elements of the expected compensation program for members of our board of directors
and its committees. The compensation of our directors is designed to attract and retain committed and qualified directors and to align
their compensation with the long-term interests of our shareholders. Directors who are also executive officers