Company: SHPH
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001493152-25-009106
Chunk: 46

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-03-05
Form: S-1/A
Chunk 46
---
 commencing on the first anniversary date of the grant of RSUs. Dr. Jung also received an initial RSU grant of 892 RSUs (112 on a post-reverse split basis) issuable under the Company’s Plan in May 2019, which RSUs vest over three years in substantially equal installments on each one-year anniversary of the agreement. Under Dr. Jung’s employment agreement, if Dr. Jung terminates her employment for “Good Reason,” as defined in the agreement, Dr. Jung is then entitled to her then applicable base salary for period of 12 months, subject to her continued compliance with certain requirements of her employment agreement. Dr. Jung accepted a reduced salary prior to the Company’s completion of its initial public offering in September 2022.

Outstanding Equity Awards at Fiscal Year-End

As of December 31, 2024, a total of 1,109,741 RSUs have been granted to our executive officers and directors under our Plan, of which 869,468 RSUs have vested and 239,440 remain subject to vesting, after the acceleration of RSUs held by resigning directors on February 28, 2025. The Company has filed a registration statement on Form S-8 (SEC File No. 333-268758) to register shares granted under the Plan.

The following table sets forth information concerning the number of shares of common stock underlying outstanding equity incentive awards for each of our executive officers as of December 31, 2024:

| Name            |     | Option Awards 
 Grant Date    |     | Number                                                   
 of Securities Underlying Unexercised Options Exercisable 
 (#)                                                      |     | Number                                                     
 of Securities Underlying Unexercised Options Unexercisable 
 (#)                                                        |     | Option         
 Exercise Price 
 ($)            |     | Option          
 Expiration Date |     |                               Stock Awards 
                                     Number 
 of Shares or Units of Stock not yet Vested 
                                       (#)) |     |   |                                  Market 
 Value of Shares or Units not yet Vested 
                                     ($) |
|:----------------|:----|:--------------|:----|:---------------------------------------------------------|:----|:-----------------------------------------------------------|:----|:---------------|:----|:----------------|:----|-------------------------------------------:|:----|:--|----------------------------------------:|
| Mira Jung1      |     | 5/1/23        |     | -                                                        |     | -                                                          |     | -              |