Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 167

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 167
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 premium of $2,803. For Shannon Lucas, this amount consists of a 401(k) matching Company contribution of $13,800 and a company-paid disability insurance premium of $2,803. |

115

| (5) | Mr. Lucas and Mrs. Lucas are also members of our board of directors, but did not receive any 
 additional compensation in such capacity as a director in 2024.                              |

Base Salaries The named executive officers receive a base salary to compensate them for services rendered to the Company. The base salary payable to each named executive officer is intended to provide a fixed component of compensation reflecting the executive’s skill set, experience, role and responsibilities. For 2024, base salaries for Mr. Lucas, Mr. Schalk and Mrs. Lucas were $898,880.06, $630,000.28 and $674,160.24, respectively. Annual Bonus The Company maintains a discretionary cash-based short-term incentive compensation program in which certain of its employees are eligible to receive annual performance bonuses based on criteria considered by the Company’s board of directors, including the named executive officer’s individual performance and the Company’s performance. Such awards are designed to incentivize the named executive officers with a variable level of compensation that is based on performance measures considered by the Board of Directors or compensation committee. In 2024, Messrs. Lucas and Schalk and Mrs. Lucas were eligible to earn a discretionary annual cash bonus, based on individual and company performance. None of the named executive officers had a specific annual bonus target for 2024. The actual bonuses earned, as determined by the compensation committee, by each named executive officer for performance in 2024 are set forth above in the Summary Compensation Table ($14,424,933 for Mr. Lucas, $1,500,000 for Mr. Schalk and $10,000,000 for Mrs. Lucas). Employment Agreements Bruce Lucas .On September 13, 2021, we entered into an employment agreement with Mr. Lucas, our Founder and Chief Executive Officer and the Chairman of the board of directors, which provides for a term of employment through September 13, 2025 (subject to automatic renewal), unless (1) terminated by Mr. Lucas on 90-days’notice; (2) terminated by the Company for “Cause” (as defined in the employment agreement); or (3) terminated by the Company without “Cause.” Under his employment agreement, Mr. Lucas is entitled to an annual base salary of $800,