Company: DJTWW
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001140361-25-009143
Chunk: 66

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 66
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, designated as an SAR, to receive the appreciation in the fair market value of shares; |

| • | Restricted Stockmeans an award of shares subject to vesting conditions; |

| • | Restricted Stock Units or “RSUs”shall mean a right to receive shares or cash upon vesting; and |

| • | Performance Compensation Awardsmeans an award granted to a participant that entitles the participant to delivery of shares upon achievement of performance goals. |

Assuming the Evergreen Provision is approved, the number of shares available for issuance under the 2024 Plan will be 13,252,544 common shares (which represents the number of shares approved upon the original effective date in 2024) plus an increase on each January 1 during 2026 to 2034, beginning on January 1, 2026, of an amount equal to the lesser of (i) 5% of the Company's common stock issued and outstanding on the immediately preceding December 31 or (ii) such number of shares determined by the plan administrator (the “ Share Limit”). The Share Limit is subject to adjustment in the event of a reorganization, recapitalization, reclassification, stock split, stock dividend, reverse stock split or other similar change in the Company’s capitalization. The maximum aggregate number of shares of common stock of the Company that may be issued upon exercise of incentive stock options under the 2024 Plan, as amended, shall not exceed 13,252,544, as adjusted. Shares underlying any awards under the 2024 Plan, as amended, that are forfeited, cancelled, held back upon exercise of an option or settlement of an award to cover the exercise price or tax withholding, satisfied without the issuance of stock or otherwise terminated (other than by exercise) will be added back to the shares available for issuance under the A&R Plan and, to the extent permitted under Section 422 of the Code and the regulations promulgated thereunder, the shares that may be issued as incentive stock options. The 2024 Plan contains a limitation whereby the value of all awards under the 2024 Plan and all other cash compensation paid by the Company to any non-employee director may not exceed $750,000 in any calendar year. The 2024 Plan will be administered by the Compensation Committee, the Board or such other similar committee pursuant to the terms of the 2024 Plan. The plan administrator, which initially will be the Compensation Committee, will have full power to select, from among the individuals eligible for