Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 248

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1A
Chunk 248
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2023; and

Joy Mbanugo, our Chief Financial Officer, received (i) a salary of $92,948 and a bonus of $8,485 as compensation for her services during the fiscal year ended December 31, 2024.

67

Outstanding Equity Awards at Fiscal Year-End

Other than as set forth below, there were no outstanding unexercised options, unvested stock, and/or equity incentive plan awards issued to our Named Executive Officers as of December 31, 2024.

    Option Awards

    Stock Awards

    Name
     
    Grant Date

    Expiration Date

    Number ofsecuritiesunderlyingunexercisedoptions (#)exercisable

    Number ofsecuritiesunderlyingunexercisedoptions (#)unexercisable

        Equity Incentiveplan awards:
        number ofsecuritiesunderlyingunexercisedunearnedoptions(#)

    Optionexerciseprice($)

    Number ofshares ofrestrictedstock(#)

    Market value ofshares ofrestrictedstock($)

    Khurram P. Sheikh
     
    Mar 29, 2023

    Mar 29, 2033

    422,100

    422,100
    (1) 

    -

    1.53

    -

    -

    Aug 14, 2023

    Aug 14, 2033

    -

    -

    -

    -

    20,000

    36,400

    Feb 6, 2024

    Feb 6, 2034

    -

    300,000
    (2) 

    -

    1.20

    -

    -

    Aug 29, 2024

    Aug 29, 2034

    -

    -

    -

    -

    94,787

    172,512

    Joy Mbanugo
     
    Aug 26, 2024

    Aug 6, 2034

    -

    230,000
    (3) 

    -

    2.40

    -

    -

    (1)
    This option vests in two years with 50% of it vesting in the first year of anniversary. 
  
    (2)
    This option vests in four years with 50% vesting in the second year of anniversary, and 25% in the third year of anniversary, and 25