Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 77

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 11
Chunk 77
---
 
    Underlying
    Unexercised Options (#) Exercisable  
    Underlying
    Unexercised Options (#) Unexercisable  
    Option
                                                                                Exercise
                                            Price ($)  
    Option
                                                                                Expiration
                                            Date
  
    John
    Stauss 
    1/31/2025 
              -  
     458,000  
    $0.83  
    1/31/2030
  
    Ronald
    Bourque 
    1/31/2025 
     -  
     655,000  
    $0.75  
    1/31/2030
  
    Jeff
    Parsons 
    7/17/2024 
     -  
     100,000  
    $0.88  
    7/17/2029
  
    Robert
    Wyler 
    1/31/2025 
     -  
     478,000  
    $0.83  
    1/31/2030

Clawback
Policy

We
are not required to maintain a compensation recovery policy.

Equity
Award Timing Policies and Practices

We
do not grant option awards in anticipation of the release of material nonpublic information and we do not time the release of material
nonpublic information based on option award grant dates or for the purpose of affecting the value of executive compensation. In addition,
we do not take material nonpublic information into account when determining the timing and terms of such awards. In fiscal year 2025,
we did not grant option awards to our named executive officers during the time period outlined in Item 402(x) of Regulation S-K.

Insider
Trading Compliance Policy

We
maintain an insider trading compliance policy, as discussed in Part III. Item 10. Directors, Executive Officers and Corporate Governance—Insider
Trading Compliance Policy.

Compensation
of Directors

Our
non-employee directors earned the following compensation during the year ended March 31, 2025.

    Director
    Compensation Table 
  
    Name and 
    Fiscal
    Year
    Ending  
    Fees
    earned
    or paid in
    cash  
    Stock
    Awards  
    Option
    Awards  
    All Other
    Compensation  
    Totals 
  
    Principal
    Position 
    March
    31