Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 110

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 1
Chunk 110
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ised 
      
     -  
     -  
     -  
     - 
  
    Forfeited 
      
     -  
     -  
     -  
     - 
  
    Exchanged 
      
     -  
     -  
     -  
     - 
  
    Outstanding at 
    June 30, 2025 
     269,195  
    $16.81  
     3.15 years  
    $125,000 
  
    Exercisable at 
    June 30, 2025 
     257,195  
    $15.57  
     3.30 years  
    $125,000 
  
    Vested and expected to vest at 
    June 30, 2025 
     269,195  
    $16.81  
     3.15 years   
    $125,000 

Aggregate
Intrinsic Value represents the amount by which the market price of the Company’s common stock exceeded the exercise price of in-the-money
options at period end.

Unrecognized
compensation cost related to unvested stock options outstanding at June 30, 2025 was not material and is expected to be recognized over
a weighted-average period of approximately 2.0 years. Cash received from options exercises was $0 for each of the fiscal years ended
June 30, 205 and 2024. The total intrinsic value of options exercised was $0 for each of the fiscal years ended June 30, 2025 and 2024.
Weighted-average grant-date fair value of options granted was not applicable for 2025 (no grants) and not material for 2024. As of June
30, 2025 and 2024, approximately 14,000 shares remained available for future grant under the 2010 Incentive Plan.

NOTE
16 – RELATED PARTY TRANSACTIONS

As
discussed in Note 9 – Other Financing Transactions, on July 2, 2014, InterGroup, as lender, established an unsecured revolving
loan facility to its then-consolidated subsidiary, Justice Investors L.P. (the “Partnership”), with an initial principal
capacity of $4,250,000, bearing a fixed annual interest rate of 12%, with no monthly principal or interest payments required prior to