Company: GDOT
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001386278-25-000020
Chunk: 47

Company: GREEN DOT CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 47
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Types of Awards and Minimum Vesting . Awards that may be granted are stock options (both nonstatutory stock options and incentive stock options (which may only be granted to employees)), restricted stock, RSUs, SARs, performance-based awards and stock bonuses (each individually, an “award”). Ninety-five percent (95%) of awards granted under the Amended 2010 Plan must contain a minimum one-year vesting period; provided that, (i) awards assumed or substituted in connection with an acquisition and (ii) awards granted to non-employee directors that vest on the earlier of the one-year anniversary of the date of grant or the next annual meeting of stockholders (which is at least 50 weeks after the immediately preceding year’s annual meeting of stockholders) are not subject to this minimum vesting requirement.

Shares Reserved for Issuan ce. If this proposal is approved, the total number of shares available for future issuance will increase by 2,400,000 shares from 2,161,891 to 4,561,891 shares. This number reflects the requested increase and remaining shares available for future issuance as of March 31, 2025. The total number of authorized shares will increase from 21,870,471 to 24,270,471 shares, which amount does not take into account shares that are no longer available for future issuance.

The Company, from time to time, also may substitute or assume outstanding awards granted by another company, whether in connection with an acquisition of such other company or otherwise, by either; (a) granting an award under the Amended 2010 Plan in substitution of such other company’s award; or (b) assuming such award as if it had been granted under the Amended 2010 Plan if the terms of such assumed award could be applied to an award granted under the Amended 2010 Plan. Substitute awards shall not reduce the number of shares authorized for grant under the Amended 2010 Plan.

Shares Returned to the Plan . Except as described in the next paragraph, shares subject to awards, and shares issued under any stock award granted under the Amended 2010 Plan will again be available for grant and issuance in connection with subsequent awards to the extent such shares: (a) are subject to issuance upon exercise of an option or SAR granted under the Amended 2010 Plan but which cease to be subject to the option or SAR right for any reason other than exercise of the award; (b) are subject to awards granted under the