Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 41

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 11
Chunk 41
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172,993

104

Option Exercises and Stock Vested

The following table sets forth information regarding options exercised and shares of common stock acquired upon vesting by our NEOs during the fiscal year ended June 30, 2025:

 Option AwardsStock AwardsNameNumber of Shares Acquired on Exercise (#)Value Realized on Exercise ($)SharesAcquired on Vesting(#)Value Realized on Vesting($)Ravi Venkatesan— — 18,323 $143,114 Scott Stewart— — 11,161 $85,340 Jeffrey Dumbrell— — 9,405 $67,007 Anna Novoseletsky— — 5,119 37,983 Gaurav Singal— — 4,753 35,267 

Potential Payments Upon Change of Control

In accordance with Item 402(t) of Regulation S-K promulgated under the Securities Act of 1933, as amended, the table below sets forth the amount of payments and benefits that each of our named executive officers would or may receive in connection with the Merger. The amounts reported below are based on various assumptions that may or may not actually occur or be accurate on the relevant date, including assumptions described in the footnotes to the table and the below:

•The effective time of the Merger is October 2, 2025, which is the assumed date of the closing of the Merger solely for the purposes of this disclosure;

•The employment of each of our named executive officers is terminated other than for “cause” or by the named executive officer for “good reason”, in either case, immediately following the assumed effective time of the Merger;

•No named executive officer enters into a rollover agreement;

•Each named executive officer’s base salary remains unchanged from that in effect as of the date of this proxy statement;

•For purposes of the annual bonus payments and Cantaloupe PSUs set forth in the table, achievement is at the target levels of performance;

•No named executive officer has any payments or benefits that would be “excess parachute payments” pursuant Code Section 280G.

Named Executive OfficerCash($) (1)Equity($) (2)Total($)Ravi Venkatesan1,350,0001,866,5383,216,538Scott Stewart1,032,000869,7811,901,781Jeffrey Dumbrell416,000869,7811,285,781