Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 262

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 262
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BITDA performance conditions as vested for the year ended December 31, 2024 and 2023. The Company believes that it is probable this amount will be paid out, based upon Company performance. F-42

Slide Insurance Holdings, Inc. Notes to Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) Restricted Stock Awards From time to time, the Company has granted and may grant restricted stock awards to certain executive officers, other employees and nonemployee directors in connection with their service to the Company. The terms of the Company’s outstanding restricted stock grant include service conditions. The determination of fair value with respect to the awards containing only service-based conditions is based on the option pricing method of determining the fair value of the Company’s stock on the grant date. Information with respect to the activity of unvested restricted stock awards during the years ended December 31, 2024, and 2023 is as follows:

| Nonvested Shares               
 Nonvested at January 1, 2023   |     | (shares    
 in         
 thousands) 
 Shares     |   — |     | Weighted-  
 Average    
 Grant-Date |     — |
|:-------------------------------|:----|:-----------|----:|:----|:-----------|------:|
| Granted                        |     |            |   — |     |            |     — |
| Vested                         |     |            |   — |     |            |     — |
| Forfeited or expired           |     |            |   — |     |            |     — |
| Nonvested at December 31, 2023 |     |            |   — |     |            |     — |
| Granted                        |     |            | 387 |     |            | 58.52 |
| Vested                         |     |            |   — |     |            |     — |
| Forfeited or expired           |     |            |   — |     |            |     — |
| Nonvested at December 31, 2024 |     |            | 387 |     |            | 58.52 |

The Company recognized compensation expense related to restricted stock, which is included in general and administrative personnel expenses, of $431 and $0 for the years ended December 31, 2024 and 2023, respectively. At December 31, 2024 and 2023, there was approximately $22,204 and $