Company: PFSA
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001213900-25-044417
Chunk: 372

Company: Profusa, Inc.
Filing Date: 2025-05-15
Form: 424B3
Chunk 372
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 Profusa Board (the “Plan Committee”), in each case consisting of two or more members of the New Profusa Board. Each member of the Plan Committee is intended to be (i) a “non -employeedirector” within the meaning of Rule 16b -3under the Exchange Act, and (ii) “independent” within the meaning of the rules of the Nasdaq Capital Market. Subject to the express provisions of the Equity Incentive Plan, the Plan Committee has the authority to select eligible persons to receive awards and determine all of the terms and conditions of each award. All awards are evidenced by an agreement containing such provisions not inconsistent with the Equity Incentive Plan as the Plan Committee approves. The Plan Committee also has authority to establish rules and regulations for administering the Equity Incentive Plan and to decide questions of interpretation or application of any provision of the Equity Incentive Plan. The Plan Committee may take any action such that (i) any outstanding options and SARs become exercisable in part or in full, (ii) all or any portion of a restriction period on any outstanding awards lapse, (iii) all or a portion of any performance period applicable to any awards lapse, and (iv) any performance measures applicable to any outstanding award be deemed satisfied at the target, maximum or any other level. The Plan Committee may delegate some or all of its power and authority under the Equity Incentive Plan to the New Profusa Board (or any members thereof), a subcommittee of the New Profusa Board, a member of the New Profusa Board, the Chief Executive Officer or other executive officer of the New Profusa as the Plan Committee deems appropriate, except that it may not delegate its power and authority to a member of the New Profusa Board, the Chief Executive Officer or any executive officer with regard to awards to persons subject to Section 16 of the Exchange Act. Types of Awards Under the Equity Incentive Plan, the New Profusa may grant: •Non -qualifiedstock options; •Incentive stock options (within the meaning of Section 422 of the Code); •Stock appreciation rights (“SARs”); •Restricted stock, restricted stock units and other stock awards (collectively, “Stock Awards”); and •Performance awards. 205 Available Shares Subject to the capitalization adjustment provisions contained in the Equity Incentive Plan, the number of shares of New Profusa Common Stock initially available for awards under the Equity Incentive Plan is equal to 15% of the