Company: LDWY
Filing Date: 2025-09-26
Form Type: PRE 14A
Source: 0001104659-25-093874
Chunk: 20

Company: LENDWAY, INC.
Filing Date: 2025-09-26
Form: PRE 14A
Chunk 20
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| ​               | ​ | ​          | ​ |                                            Stock Awards |   |                                                               |
| Name            |   | Grant Date | ​ | Number of Shares or Units of Stock That Have Not Vested | ​ | Market Value of Shares or Units of Stock That Have Not Vested |
| Daniel C. Philp | ​ | 5/9/2024   | ​ |                                                  18,000 | ​ |                                                     $ 101,520 |

| ​ | ​ | ​ | ​ | ​ | ​ | ​ |

| (1) | Award vests in equal installments on each of the first, second, and third anniversaries of the grant date. |

Tax Considerations Section 409A of the Internal Revenue Code also affects the payments of certain types of deferred compensation to key employees and includes requirements relating to when payments under such arrangements can be made, acceleration of benefits, and timing of elections under such arrangements. Failure to satisfy these requirements will generally lead to an acceleration of the timing for including deferred compensation in an employee's income, as well as certain penalties and interest. Policies and Practices Related to the Grant of Certain Equity Awards We do not have any formal policy that requires us to grant, or avoid granting, equity awards to our executive officers at certain times. The timing of any equity grants to executive officers in connection with new hires, promotions, or othernon-routine grants is tied to the event giving rise to the award (such as an executive officer’s commencement of employment or promotion effective date). As a result, in all cases, the timing of the grant of stock options, occurs independent of the release of any material,non-public information, and we do not time the disclosure of materialnon-public information for the purpose of affecting the value or exercise price of stock options.

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PRELIMINARY PROXY STATEMENT – SUBJECT TO COMPLETION

PAY VERSUS PERFORMANCE The following table sets forth additional compensation information of our CEOs and our other NEOs (averaged) along with total stockholder return, and net income (loss) performance results for the transition period beginning January 1, 2025 and ended June 30, 2025 (2025T) and our fiscal years ended December 31, 2024, 2023, and 2022:

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 Summary Compensation Table (SCT) Total for CEO #1(a) |         ​ | ​ | ​                                                 
 Compensation Actually Paid (CAP)