Company: XTIA
Filing Date: 2025-10-10
Form Type: DEF 14A
Source: 0001213900-25-098157
Chunk: 50

Company: XTI Aerospace, Inc.
Filing Date: 2025-10-10
Form: DEF 14A
Chunk 50
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2011 Plan was intended to encourage ownership of Common Stock by our employees and directors and certain of our consultants in order to attract and retain such people, to induce them to work for the benefit of us and to provide additional incentive for them to promote our success. The 2011 Plan (but not awards granted under the 2011 Plan) terminated in accordance with its terms on August 31, 2021 and no new awards will be issued under the 2011 Plan. 29

2017 Employee and Consultant Stock Ownership Plan During 2017, Legacy XTI adopted the 2017 Employee and Consultant Stock Ownership Plan (as amended, “2017 Plan”), which was amended in 2021 to increase the maximum shares eligible to be granted under the 2017 Plan. The Company assumed the 2017 Plan in connection with the XTI Merger. The Company may issue awards in the form of restricted stock units and stock options to employees, directors, and consultants. Under the 2017 Plan, stock options are generally granted with an exercise price equal to the estimated fair value of the Company’s common stock, as determined by the Board on the date of grant. Options generally have contractual terms of ten years. Incentive stock options may only be granted to employees, whereas all other stock awards may be granted to employees, directors and consultants. Securities Authorized for Issuance under Equity Compensation Plans The following table provides information as of December 31, 2024 regarding the shares of our Common Stock to be issued upon exercise of outstanding options or available for issuance under equity compensation plans and other compensation arrangements that were (i) adopted by our security holders and (ii) were not approved by our security holders.

| Plan Category                                              |     |      Number of 
  securities to 
 be issued upon 
    exercise of 
    outstanding 
        options 
            (a) |      |     | Weighted-      
 average        
 exercise price 
 of outstanding 
 (b)            |        |     |        Number of 
       securities 
        remaining 
    available for 
  future issuance 
     under equity 
     compensation 
 plans (excluding 
       securities 
     reflected in 
        column a) 
              (c) |      |
|:-----------------------------------------------------------|:----|---------------:|:-----|:----|:---------------|-------:|:----|-----------------:|:-----|
| Equity compensation plans approved by security holders     |     |         51,185 | ​(1) |