Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1226

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1226
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, Ms. Craig is entitled to
(i) a cash payment equal to ten (10) times the sum of her (x) annual base salary and (y) target bonus in effect on her last day of employment;
(ii) continuation of health benefits for a period of 24 months; (iii) a lump sum payment equal to the amount of any annual bonus earned
with respect to a prior fiscal year, but unpaid as of the date of termination; (iv) a lump sum payment equal to the amount of annual
bonus that was accrued for the year in which employment ends prior to the date of termination; and (v) the acceleration and vesting in
full of any then outstanding and unvested portion of any time-vesting equity award granted to her by the Company.

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The
following table sets forth certain information regarding the beneficial ownership of our common stock as of March 31, 2025 by:

    ●
    each
    of our named executive officers; 

    ●
    each
    of our directors; 

    ●
    all
    of our current directors and executive officers as a group; and 

    ●
    each
    stockholder known by us to own beneficially more than five percent of our common stock.

65

Beneficial
ownership is determined in accordance with the rules of the SEC and includes voting or investment power with respect to the securities.
Shares of common stock that may be acquired by an individual or group within 60 days of March 31, 2025, pursuant to the exercise of options
or warrants or conversion of preferred stock or convertible debt, are deemed to be outstanding for the purpose of computing the percentage
ownership of such individual or group, but are not deemed to be outstanding for the purpose of computing the percentage ownership of
any other person shown in the table. Percentage of ownership is based on 18,204,483 and 100,000 shares of Class A common stock and Class
B common stock, issued and outstanding, respectively, as of March 31, 2025.

Except
as indicated in footnotes to this table, we believe that the stockholders named in this table have sole voting and investment power with
respect to all shares of common stock shown to be beneficially owned by them, based on information provided to us by such stockholders.
Unless otherwise indicated, the address for each director