Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 846

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 846
---
* 
  
    Tranche 1 
     223,988  
    $25.00 
  
    Tranche 2 
     335,981  
    $35.00 
  
    Tranche 3 
     447,975  
    $45.00 
  
    Tranche 4 
     559,969  
    $50.00 

    *
    Target Share Price assumes that no dividends or like distributions
    are made to stockholders of the Company. If such distributions are made, the Target Share Price would decrease accordingly, to the
    benefit of the employee, to account for the dividend/distribution as a part of the Target Share Price. 

The aggregate fair value of the 2023 PSUs was $29,106,000
using a Monte Carlo Simulation with a five-year life, 65% volatility and a risk-free interest rate of 10.34%. This amount is being amortized
over a two-year derived service period.

A summary of the Company’s PSU activity and
related information for the year ended December 31, 2024 is as follows:

 SCHEDULE OF PERFORMANCE STOCK UNITS ACTIVITY

    Number of PSUs  
    Weighted Average Grant Date Fair Value 
  
    PSUs unvested – January 1, 2024 
     1,567,913  
    $18.56 
  
    PSUs granted 
     -  
    $- 
  
    PSUs vested 
     -  
    $- 
  
    PSUs cancelled/forfeited 
     -  
    $- 
  
    PSUs unvested – December 31, 2024 
     1,567,913  
    $18.56 

A summary of the Company’s PSU activity and
related information for the year ended December 31, 2023 is as follows:

    Number of PSUs  
    Weighted Average Grant Date Fair Value 
  
    PSUs unvested – January 1, 2023 
     1,567,913  
    $6.45 
  
    PSUs granted 
     1,567,913  
    $18.56 
  
    PSUs vested 
     (1,567,913) 
    $6.45 
  
    PSUs cancelled/forfeited 
     -  
    $-