Company: BUDZ
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000350
Chunk: 364

Company: WEED, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 364
---
, Units or Other Rights That Have Not Vested (#)  
    Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) 
  
    Glenn E. Martin 
     4,000,000  
     -0-  
     -0-  
     10.55  
    2/1/2028 
     -0-  
     -0-  
     -0-  
     -0- 
  
    Nicole M. Breen 
     2,000,000  
     -0-  
     -0-  
     10.55  
    2/1/2028 
     -0-  
     -0-  
     -0-  
     -0- 

Outstanding Equity Awards at Fiscal Year-End

On February 1, 2018, we
granted Mr. Glenn Martin a Non-Qualified Stock Option to purchase up to Four Million (4,000,000) shares of our common stock at $10.55
per share, with the options vesting 33 1/3% on August 1, 2018, 33 1/3% on February 1, 2019 and 33 1/3rd % on February 1, 2020. The options
expire ten years from the date of grant.

On February 1, 2018, we
granted Ms. Nicole Breen a Non-Qualified Stock Option to purchase up to Two Million (2,000,000) shares of our common stock at $10.55 per
share, with the options vesting 33 1/3% on August 1, 2018, 33 1/3% on February 1, 2019 and 33 1/3rd % on February 1, 2020. The options
expire ten years from the date of grant.

Aggregated Option Exercises

There were no options exercised
by any officer or director of our company during our twelve-month period ended December 31, 2023.

Long-Term Incentive Plan

Currently, our company does
not have a long-term incentive plan in favor of any director, officer, consultant or employee of our company.

35

ITEM 12 – SECURITY