Company: ECIA
Filing Date: 2025-07-14
Form Type: DEF 14A
Source: 0001079973-25-001145
Chunk: 21

Company: ENCISION INC
Filing Date: 2025-07-14
Form: DEF 14A
Chunk 21
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 upon exercise of equity incentive awards granted under the 2014 Plan. As
of March 31, 2025, equity incentive awards to purchase an aggregate of 751,000 shares of our common stock (net of equity incentive awards
canceled and exercised) had been granted pursuant to our 2014 Plan, leaving 349,000 still available for grant.

The compensation committee of the board of directors
administers the 2014 Plan.

Option Grants in Fiscal Year 2025

The following table sets
forth options to acquire shares of our common stock granted to the Named Executive Officers during the fiscal year ended March 31, 2025.

| Name              |     | Grant date |     | Number of securities underlying options 
 (#)                                     |         |     | Exercise price of option awards 
 ($/Sh)                          |      |     | Grant date fair value of option awards 
 ($) (1)                                |        |
| Gregory J. Trudel |     | 05/01/24   |     |                                         | 200,000 |     |                                 | 0.37 |     |                                        | 48,056 |
|                   |     | 11/14/24   |     |                                         |   5,000 |     |                                 | 0.42 |     |                                        |  1,328 |
| Brian J. Jackman  |     | 05/01/24   |     |                                         |  40,000 |     |                                 | 0.37 |     |                                        |  9,611 |
|                   |     | 11/14/24   |     |                                         |   5,000 |     |                                 | 0.42 |     |                                        |  1,328 |
| Jason E. Johnson  |     | —          |     |                                         |       — |     |                                 |    — |     |                                        |      — |

| (1) | Grant date fair value of option awards was determined pursuant to ASC Topic 718. Assumptions used in                                     
 the calculations of these amounts are set forth in Footnote 3 to our Financial Statements included in our Annual Report on Form 10-K for 
 the fiscal year ended March 31, 2025.                                                                                                    |

Options Exercised in Fiscal Year 2025

| Name              |     | Number of securities acquired on exercise (#) |       |     | Value realized upon exercise ($) (1) |