Company: SATLW
Filing Date: 2025-10-21
Form Type: DEF 14A
Source: 0001437749-25-031429
Chunk: 35

Company: Satellogic Inc.
Filing Date: 2025-10-21
Form: DEF 14A
Chunk 35
---
 to receive a payment in an amount equal to the excess of the aggregate fair market value of the shares underlying the exercised SAR over the aggregate grant price of the SARs. The number of shares underlying each Freestanding SAR and the grant price in effect for those shares is determined by the Compensation Committee but the grant price must be equal to or greater than the fair market value of a share of Common Stock on the date of grant.

Tandem SARs. Tandem SARs may only be granted at the same time as a related option is granted. Tandem SARs are redeemable upon such terms and conditions as the Compensation Committee may establish and grant a holder the right to elect exercise the Tandem SAR when the related option is exercisable and the fair market value of the shares subject to the option exceeds the exercise price of the option. Any option related to a Tandem SAR is no longer exercisable to the extent the Tandem SAR is exercised and any Tandem SAR is no longer exercisable to the extent the related option is exercised.

Restricted Stock Awards. Restricted stock awards grant of shares of subject to certain restrictions on transferability and risk of forfeiture as determined by the Compensation Committee. Unless otherwise determined by the Compensation Committee and specified in the applicable award agreement, the holder of a restricted stock award will have all of the rights of a stockholder, including the right to vote the restricted stock and the right to receive dividends (subject to any mandatory reinvestment or other requirement imposed by the Compensation Committee). During the period that the restricted stock award is subject to a risk of forfeiture, risk of redemption or risk of obligation to surrender shares to the Company for cancellation, and except as otherwise provided in the award agreement, the restricted stock may not be sold, transferred, mortgaged, charged, pledged, hypothecated, margined or otherwise encumbered by the holder.

<div align='center'>26</div>

Restricted Stock Units. Restricted stock units are a right to receive cash, shares or a combination of cash and shares as determined by the Compensation Committee, subject to certain vesting conditions and other restrictions, equal to the fair market value of one share of our common stock on the date of vesting. Restricted stock units are subject to restrictions (which may include a risk of forfeiture or a requirement for surrender by the Participant to the Company) as the Compensation Committee may impose, if any, which restrictions may lapse at the expiration of the deferral period or at earlier specified times (including based on achievement of performance