Company: SHPH
Filing Date: 2025-02-13
Form Type: S-1
Source: 0001493152-25-006202
Chunk: 141

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-02-13
Form: S-1
Chunk 141
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 Dr. Jung also received an initial RSU grant of 892 RSUs (112 on a post-reverse split basis) issuable under the Company’s 2018 Equity Incentive Plan in May 2019, which RSUs vest over three years in substantially equal installments on each one-year anniversary of the agreement. Under Dr. Jung’s employment agreement, if Dr. Jung terminates her employment for “Good Reason,” as defined in the agreement, Dr. Jung is then entitled to her then applicable base salary for period of 12 months, subject to her continued compliance with certain requirements of her employment agreement. Dr. Jung accepted a reduced salary prior to the Company’s completion of its initial public offering in September 2022.

Outstanding Equity Awards at Fiscal Year-End

As of December 31, 2024, a total of 1,122,326 RSUs have been granted to our executive officers and directors under our 2018 Equity Incentive Plan (the “Plan”), of which 42,681 RSUs have vested and 1,079,645 remain subject to vesting. The Company has filed a registration statement on Form S-8 (SEC File No. 333-268758) to register shares granted under the Plan.

The following table sets forth information concerning the number of shares of common stock underlying outstanding equity incentive awards for each of our executive officers as of December 31, 2024:

| Name            |     | Option Awards 
 Grant Date    |     | Number                                                       
 of Securities Underlying Unexercised Options Exercisable (#) |     | Number                                                         
 of Securities Underlying Unexercised Options Unexercisable (#) |     | Option             
 Exercise Price ($) |     | Option          
 Expiration Date |     |                                    Stock Awards 
                                          Number 
 of Shares or Units of Stock not yet Vested (#)) |     |   |                                      Market 
 Value of Shares or Units not yet Vested ($) |
|:----------------|:----|:--------------|:----|:-------------------------------------------------------------|:----|:---------------------------------------------------------------|:----|:-------------------|:----|:----------------|:----|------------------------------------------------:|:----|:--|--------------------------------------------:|
| Mira Jung1      |     | 5/1/23        |     | -                                                            |     | -                                                              |     | -                  |     | -               |     |                                           1,194 |     | $ |                                       1,026 |
| Timothy