Company: GDOT
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001386278-25-000020
Chunk: 45

Company: GREEN DOT CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 45
---
SARs”), cancelling “underwater” stock options and SARs for cash or another stock award or any action that would be considered a repricing under the applicable securities exchange on which our Class A common stock is traded without prior stockholder approval in each case.

• Stockholder Approval Required for Additional Shares . The Amended 2010 Plan does not contain an annual “evergreen” provision. The Amended 2010 Plan authorizes a fixed number of shares, so that stockholder approval is required to issue any additional shares.

• No Liberal Share Counting or Recycling . If fewer shares are issued in settlement of a stock award than were covered by such stock award for reasons other than the failure to satisfy vesting conditions, or other than as a result of termination or forfeiture (for example to satisfy the exercise price or tax withholding obligation of such award), then the unissued shares will generally not become available again for issuance under the Amended 2010 Plan.

• No Liberal Corporate Transaction Provisions . No corporate transaction related vesting acceleration and other benefits may occur without an actual corporate transaction occurring.

• No Discounted Stock Options or SARs . All stock options and SARs granted under the Amended 2010 Plan must have an exercise or strike price equal to or greater than the fair market value of our Class A common stock on the date the stock option or SAR is granted.

• Minimum Vesting Requirement . Future awards granted under the Amended 2010 Plan will have a minimum one-year vesting period from the date of grant, subject to certain exceptions described below.

• No Dividends and Dividend Equivalents on Unvested Awards . Dividends and dividend equivalents will not be paid or settled with respect to any stock award granted under the Amended 2010 Plan until the underlying shares or units vest, and no dividend equivalents or otherwise may be credited with respect to stock options and SARs.

• Limit on Non-Employee Director Awards . The Amended 2010 Plan provides that the maximum number of shares subject to stock awards granted during a calendar year under the Amended 2010 Plan, taken together with any cash fees paid during such calendar year for services as a non-employee director, will not exceed $750,000 in total value for any non-employee director.

• Awards Subject to Clawback . Stock awards are subject to clawback pursuant to any clawback policy adopted by us from time to time or required by law; provided further, if a participant is terminated for cause,

<div align