Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 840

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 6
Chunk 840
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 stock units will be issued to each director upon the earliest to occur of (A) March 31, 2026, (B) a change
in control of the Company, and (C) the termination of the director’s service with the Company.

On
June 30, 2023, the Company granted four independent directors a total of 80,160 restricted stock units. The units were valued at $65,003
or $0.81 per share, based on the closing stock price on the date of the grant. All units vest immediately. The shares of common stock
associated with the restricted stock units will be issued to each director upon the earliest to occur of (A) June 30, 2026, (B) a change
in control of the Company, and (C) the termination of the director’s service with the Company.

On
September 30, 2023, the Company granted four independent directors a total of 101,564 restricted stock units. The units were valued at
$65,001 or $.64 per share, based on the closing stock price on the date of the grant. All units vest immediately. The shares of common
stock associated with the restricted stock units will be issued to each director upon the earliest to occur of (A) September 30,2026,
(B) a change in control of the Company, and (C) the termination of the director’s service with the Company.

On
December 31, 2023 the Company granted four independent directors a total of 171,056 restricted stock units. The units were valued at
$65,001 or $.38 per share, based on the closing stock price on the date of the grant. All units vested immediately. The shares of common
stock associated with the restricted stock units will be issued to each director upon the earliest to occur of (A) December 31, 2025,
(B) a change in control of the Company, and (C) the termination of the director’s service with the Company.

In
the twelve months ended December 31, 2023, the company recorded $260,007 in restricted stock units as board compensation.

2024

On
March 31, 2024 the company granted five independent directors a total of 162,500 restricted stock units. The units were valued at $81,250
or $.50 per share, based on the closing stock price on the date of the grant. All units vested immediately. The shares of