Company: VEEAW
Filing Date: 2025-11-10
Form Type: PRE 14A
Source: 0001213900-25-107934
Chunk: 20

Company: VEEA INC.
Filing Date: 2025-11-10
Form: PRE 14A
Chunk 20
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, Helder Antunes, Mark Tubinis and other employees and consultants in the form of options to purchase 2,375,000shares of the Company’s common stock (the “ September 2025 Grants”), subject to (i) with respect to September 2025 Grants to the NEOs with respect to the Company’s performance and time vesting schedules (ii) with respect to September 2025 Grant to non-NEO employees and consultants, time vesting schedules. In addition, no portion of the September 2025 Grants may be exercised unless both (A) the Company’s stockholders approve the September 2025 Grants or approval of an amendment to increase the number of shares under the 2024 Plan to a sufficient number of shares such that the full number of shares underlying the September 2025 Grants may be delivered from the Plan’s share reserve, and (B) the Corporation files a Form S-8 with the Commission to register the shares subject to the September 2025 Grants, and if either (A) or (B) is not satisfied, the September 2025 Grants may be fully unwound and cancelled. Without these increases, we will be limited, in the future, as to the number of shares of common stock we will have available for the granting of additional Incentive Awards to employees, which could make it difficult for us to retain our current employees and to also attract new highly qualified employees. Our ability to attract and retain qualified directors to serve on our Board is also contingent on our ability to provide them with compensation in the form of equity which is comparable with the equity compensation provided to directors of other public companies in our industry. This cannot be accomplished without an increase in the 5,546,521 shares of common stock currently available under the 2024 Plan. Finally, 9,546,521 shares of common stock, which is the number of shares that the Board has approved to be reserved under the 2024 Plan represents approximately 19% of the 50,100,819 shares of common stock issued and outstanding as of November 3, 2025, the Record Date, which the Board has determined reasonable and necessary to properly compensate our employees and directors.

| Name and Position                                        |     | Dollar    
 Value ($) |         |     | Number of 
 Shares    |           |
|:---------------------------------------------------------|:----|:----------|--------:|:----|:----------|----------:|
| Mark Tubinis                                             
 Chief Marketing Officer                                  |     | $