Company: ANY
Filing Date: 2025-03-28
Form Type: PRE 14A
Source: 0001628280-25-015485
Chunk: 60

Company: Sphere 3D Corp.
Filing Date: 2025-03-28
Form: PRE 14A
Chunk 60
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 |   464,652 |
| Change in Fair Value as of Vest Date for Equity Awards Granted in Prior Years that Vested in the Year |     |         |    -51,794 |     |         |   -37,540 |     |         |    57,928 |     |         |    4,699 |     |         |          — |     |         |         — |
| Compensation Actually Paid                                                                            |     |         |  2,464,284 |     |         |   971,305 |     |         | 1,328,674 |     |         |  602,077 |     |         |  1,612,310 |     |         | 1,049,437 |

(4) Total Shareholder Return (“ TSR ”) illustrates the value, as of the last day of the indicated fiscal year, of a hypothetical investment of $100 in the Company’s common shares on the last trading day of the year. TSR is calculated by dividing the sum of the cumulative amount of dividends for the fiscal year, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the fiscal year, by the Company’s common share price at the beginning of the measurement period.

(5) Represents the net loss reflected in our consolidated audited financial statements for the applicable year.

<div align='center'>35</div>

Compensation Actually Paid and Company TSR

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our TSR over the fiscal three-year period from January 1, 2022 through December 31, 2024.

<div align='center'>36</div>

Compensation Actually Paid and Net Loss

The following chart sets forth the relationship between Compensation Actually Paid to our Current PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net loss over the fiscal three-year period from January 1, 2022 through December 31, 2024.

The graphical disclosers above reveal an increase to Compensation Actually Paid to both our PEO and Non-PEO NEOs from 2022 to 2024. The increase to Compensation Actually Paid was due to the following: i) the Company experienced a CEO transition during 2022 and ii) adopted a long-term incentive program as part of the Company’s overall executive compensation package offering to executives