Company: OXBRW
Filing Date: 2025-08-07
Form Type: DEF 14A
Source: 0001641172-25-022627
Chunk: 37

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-07
Form: DEF 14A
Chunk 37
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) | Mr.                                                                                                                                     
 Madhu was awarded 120,000 stock options on January 23, 2015, 25,000 stock options on January 16, 2016, 25,000 stock options on January  
 20, 2017, 200,000 stock options on March 16, 2019 and 175, stock options on March 2, 2021, all of which have fully vested. Mr. Madhu    
 was awarded 365,400 stock options in the Company’s subsidiary, SP Holdings, on March 25, 2024. The options vest quarterly in            
 increments of 22,837.50. The remaining 274,050 options will vest over the next 12 quarters, provided that Mr. Madhu remains employed    
 by the Company.                                                                                                                         |
| (2) | Mr.                                                                                                                                     
 Timothy was awarded 60,000 stock options on January 23, 2015, 10,000 stock options on January 16, 2016, 10,000 stock options on January 
 20, 2017, 90,000 options on March 16, 2019 and 75,000 stock options on March 2, 2021, all of which have fully vested. Mr. Timothy       
 was awarded 156,600 stock options in the Company’s subsidiary, SP Holdings, on March 25, 2024. The options vest quarterly in            
 increments of 9,787.50. The remaining 274,050 options will vest over the next 12 quarters, provided that Mr. Timothy remains employed   
 by the Company.                                                                                                                         |

| 24 |

Option Exercises and Stock Vested in Fiscal 2024

The following table sets forth information regarding stock vested by our NEOs during the year ended December 31, 2024. There were no options exercised by our named executive officers in 2024.

| Name            |     | Option Awards                         
 Number of Shares Acquired on Exercise 
 (#)                                   |   |     | Value Realized on Exercise ($) |   |     | Stock Awards                         
 Number of Shares Acquired On Vesting 
 (#)                                  |        |     | Value                       
 Realized on Vesting ($) (1) |        |
|:----------------|:----|:--------------------------------------|:--|:----|:-------------------------------|:--|:----|:-------------------------------------|-------:|:----|:----------------------------|-------:|
| Jay Mad