Company: CRVO
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001437749-25-013543
Chunk: 65

Company: CervoMed Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 65
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 awards under the 2025 Plan. We have not granted any incentive awards under the 2025 Plan.

Shares Available for Issuance. The maximum number of shares of our common stock available for issuance under the 2025 Plan will be 800,000. The number of shares available for issuance under the 2025 Plan is subject to increase to the extent that we issue shares or incentive awards under the 2025 Plan in connection with certain merger and acquisition transactions, or assume any plan in a merger or acquisition transaction. However, any available shares in an assumed plan may only be utilized to the extent permitted under the Listing Rules of Nasdaq (or other applicable exchange or market on which our common stock may be traded or quoted).

Share Counting. Shares of our common stock that are issued under the 2025 Plan or that potentially are issuable pursuant to outstanding incentive awards reduce the number of shares remaining available. All shares so subtracted from the amount available under the 2025 Plan with respect to an incentive award that lapses, expires, is forfeited or for any reason is terminated, unexercised or unvested and any shares of our common stock that are subject to an incentive award that is settled or paid in cash or any other form other than shares of our common stock will automatically again become available for issuance under the 2025 Plan. However, any shares not issued due to the exercise of an option by a “net exercise” or the tender or attestation as to ownership of previously acquired shares (as described below), as well as shares covered by a stock appreciation right, to the extent exercised, and shares withheld by us to satisfy any tax withholding obligations will not again become available for issuance under the 2025 Plan. Any shares of our common stock repurchased us on the open market using the proceeds from the exercise of an award under the 2025 Plan will not increase the number of shares available for future grants of awards under the 2025 Plan. Any shares of our common stock that are subject to an incentive award under the 2025 Plan that terminates by expiration, forfeiture, cancellation, or otherwise without the issuance of shares or are settled in cash in lieu of shares, or are exchanged to the extent permitted under the 2025 Plan, prior to the issuance of shares, will be available again for grant under the 2025 Plan. The shares of our common stock available for issuance under the 2025 Plan may be authorized and unissued shares or treasury shares.

Grant Limits. Under