Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 596

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 596
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ists of $8,059 of healthcare expenses and $7,188 of car allowance for the benefit of Mr. Corbett.

    (d)
    Mr. Rosenblum was granted 2,000,000 restricted shares of common stock on July 11, 2022, all of which are vested.

    (e)
    Mr. Rosenblum was granted a ten-year option exercisable for 333,334 shares of common stock at an exercise price of $4.50 per share on August 31, 2021, of which all are vested.

    (g)
    Consists of $2,046 of healthcare expenses and $2,017 of car allowance for the benefit of Mr. Rosenblum.

    (h)
    Consists of healthcare reimbursements for the benefit of Mr. Rosenblum.

Outstanding Equity
Awards at Fiscal Year End

The following table lists
the outstanding equity awards held by our named executive officers at December 31, 2024:

    OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END 

    OPTION AWARDS 
    STOCK AWARDS 
  
    Name 
    Number of Securities Underlying Unexercised Options Exercisable*  
    Number of Securities Underlying Unexercised Options Unexercisable*  
    Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options*  
    Option Exercisable Price*  
    Option Expiration Date 
    Number of Shares or Units of Stock that have  Not Vested  
    Market Value of Shares or Units of Stock  that have  not Vested  
    Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights that have Not Vested  
    Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights that have Not Vested 
  
    William Corbett 
     666,667  
           -  
           -  
    $4.50  
    8/16/2031 
            -  
    $     -  
           -  
             - 

     500,000  
     -  
     -  
    $4