Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 152

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 152
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, in accordance with our compensation policies.

Employee Benefits and Perquisites

All of our full-time employees, including our named
executive officers, are eligible to participate in our health and welfare plans, including:

●medical, dental and vision benefits;

87

●health savings and flexible spending accounts;

●short-term and long-term disability insurance; and

●basic and supplemental life and accidental death and dismemberment
insurance.

We believe these benefits are appropriate and provide
a competitive compensation package to our named executive officers.

We do not currently, and we did not during 2024,
provide perquisites to any of our named executive officers.

No Tax Gross-Ups

Fold does not make gross-up payments to cover our
named executive officers’ personal income taxes that may pertain to any of the compensation or perquisites paid or provided by our
company.

Outstanding Equity Awards at Fiscal Year-End

The following table summarizes the number of shares
of Fold Common Stock underlying outstanding equity incentive plan awards for each named executive officer as of December 31, 2024.

     Stock Awards 
  
    Name 
    Grant Date 
    Vesting  Commencement  Date 
     Number of  Shares or  Units of  Stock That  Have Not  Vested  (#)  
     Market  Value of  Shares or  Units of Stock  That Have  Not Vested  ($)(1)  
     Equity  Incentive  Plan Awards:  Number of  Unearned  Shares,  Units or  Other Rights  That Have  Not Vested  (#)  
     Equity  Incentive  Plan Awards:  Market or  Payout Value  of Unearned  Shares,  Units or  Other Rights  That Have  Not Vested  ($) 
  
    Will Reeves 
    6/11/2021 
    3/23/2021 
     20,925(2) 
     187,070  

    10/20/2022 
    10/1/2022 
     62,500(3) 
     558,750  

    8/30/2024 
    12/1/2022 
     671,642(4) 
     6,004,479  

    Wolfe Repass 
    6/11/2021 
    5/2/2021 
     30