Company: INDP
Filing Date: 2025-04-17
Form Type: PRE 14A
Source: 0001641172-25-005234
Chunk: 55

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-04-17
Form: PRE 14A
Chunk 55
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 December 31, 2024 about shares of our common stock that may be issued upon the exercise of options under the Indaptus Therapeutics, Inc. 2021 Stock Incentive Plan (the “ 2021 Plan”):

| Plan Category                                              |     |         Number of 
  securities to be 
       issued upon 
       exercise of 
       outstanding 
 options, warrants 
     and rights(1) |     | Weighted-average  
 exercise price of 
 outstanding       
 options, warrants 
 and rights        |      |     |            Number of 
           securities 
            remaining 
        available for 
      future issuance 
         under equity 
         compensation 
     plans (excluding 
 securities reflected 
     in first column) |
|:-----------------------------------------------------------|:----|------------------:|:----|:------------------|-----:|:----|---------------------:|
| Equity compensation plan approved by security holders(2)   |     |         2,887,822 |     | $                 | 8.06 |     |              103,608 |
| Equity compensation plans not approved by security holders |     |                 — |     |                   |    — |     |                    — |

(1) Represents stock options outstanding under the 2021 Plan.

(2) Our 2021 Plan has an evergreen provision that allows for an annual increase on each January 1 from January 1, 2025 and ending on and including January 1, 2029, equal to the lesser of (A) 5% of the aggregate number of shares of our shares of common stock outstanding on the final day of the immediately preceding calendar year or (B) such smaller number of shares as is determined by our Board of Directors.

Summary of the Material Terms of the 2021 Plan

Set forth is a summary
of the material provisions of the Restated Plan. This summary does not purport to be a complete description of all of the provisions
of the 2021 Plan.

Types of Awards.
The 2021 Plan provides for the grant of non-qualified stock options (“NQSOs”), ISOs, restricted stock awards, restricted
stock units (“RSUs”), unrestricted stock awards, stock appreciation rights and other forms of stock based compensation.

Eligibility and Administration.
Employees, officers, consultants, directors, and other service providers of the Company and its affiliates are eligible to receive awards
under the 2021 Plan. The 2021 Plan is administered by the board