Company: SERV
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015733
Chunk: 26

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 26
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     | —            |     |  57,975 |

| (1) | Amounts reflected in this column represent the grant date fair value of restricted stock units. The grant date fair value is measured based on the closing price of our common stock on the date of grant in accordance with FASB ASC Topic 718. The valuation methodology and assumptions used in determining such amounts are described in Note 7 of the Company’s financial statements for the year ended December 31, 2024. |

| (2) | Amounts reflected in this column represent the grant date fair value of options to purchase common stock computed in accordance with FASB ASC Topic 718. The valuation methodology and assumptions used in determining such amounts are described in Note 7 of the Company’s financial statements for the year ended December 31, 2024. |

| (3) | The grant date fair value of Mr. Goldberg’s Stock Awards of $433,100 consists of amounts granted for his services as follows: $257,500 attributable to 50,000 restricted stock units granted in connection with his role as a consultant and $175,600 attributable to 20,000 restricted stock units granted to Mr. Goldberg as a member of the Board. |

| (4) | The amount represents the grant date fair value of 20,000 restricted stock units granted on December 4, 2024, which is scheduled to vest in full on the earlier to occur of (i) the Company’s next annual stockholder meeting or (ii) December 4, 2025. |

| (5) | The amount represents the grant date fair value of an option to purchase 20,000 shares of common stock granted on April 18, 2024, all of which were outstanding as of December 31, 2024. The option is scheduled to vest in full on April 18, 2025. |

| (6) | The amount represents the grant date fair value of an option to purchase 20,000 shares of common stock granted on April 18, 2024, which was scheduled to vest in full on April 18, 2025. Upon Mr. Jordan’s resignation from the Board in December 2024, the options were forfeited. |

| (7) | The amount represents the grant date fair value of an option to purchase 20,000 shares of common stock granted on April 18, 2024, all of which were outstanding as of December 31,