Company: IPST
Filing Date: 2025-05-30
Form Type: PRE 14A
Source: 0001788230-25-000100
Chunk: 71

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-05-30
Form: PRE 14A
Chunk 71
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200 million or more.

(2) The value reflected is based upon the fair grant value of $4.00 per share.

Compensation Committee Interlocks and Insider Participation

None of our executive officers currently serves, or in the past fiscal year has served, as a member of the Board of Directors or compensation committee of another entity that had one or more of its executive officers serving as a member of our Board of Directors or Compensation Committee. None of our Compensation Committee members, when appointed, will have at any time been one of our officers or employees.

| 2025 Proxy Statement |     | 46 |     | HERITAGE DISTILLING HOLDING COMPANY, INC. |

Equity Compensation Plan Information

The following table provides information as of December 31, 2024, regarding our compensation plans under which equity securities are authorized for issuance:

| Plan Category                                              |     | Number of Securities to be Issued upon Exercise of Outstanding Options, Warrants and Rights (a) | Weighted Average Exercise Price of Outstanding Options, Warrants and Rights |     |       | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans 
 (Excluding Securities Reflected in Column (a)))                                              |     |           |
| 2019 Equity compensation plan approved by security holders |     |                                                                                         251,600 |                                                                             |     | 14.44 |                                                                                              |     |     4,900 |
| 2024 Equity compensation plan approved by security holders |     |                                                                                                 |                                                                             |     |       |                                                                                              |     | 2,500,000 |
| Total                                                      |     |                                                                                         251,600 |                                                                             |     | 14.44 |                                                                                              |     | 2,504,900 |

Equity Incentive Plans

2019 EQUITY INCENTIVE PLAN

On April 25, 2019, our Board of Directors adopted our 2019 Equity Incentive Plan (the “2019 Plan”) to provide an additional means to attract, motivate, retain, and reward selected employees and other eligible persons. Our stockholders approved the plan on or about April 25, 2019. Employees, officers, directors, and consultants that provided services to us or one of our subsidiaries were eligible to receive awards under the 2019 Plan. Awards under the 2019 Plan were issuable in the form of incentive or nonqualified stock options, stock appreciation rights, stock bonuses, restricted stock, stock units and other forms of