Company: XOMAP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001193125-25-081538
Chunk: 62

Company: XOMA Royalty Corp
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 62
---
 and the total number of shares available for future grant under our equity incentive plans. As of March 31, 2025, our overhang was approximately 22%, and as a result of the Proposed**

<div align='center'>42</div>

A&R Plan, our overhang would increase to approximately 26%. As of March 31, 2025, outstanding stock options to purchase 1,066,403 shares have an exercise price in excess of $19.93; excluding these stock options, our overhang decreases to approximately 16%, and as a result of the Proposed A&R Plan, our overhang excluding these stock options would be approximately 21%. The following table sets forth information regarding outstanding equity awards (including inducement awards) and shares available for future awards under the 2010 Plan (without giving effect to the Proposed A&R Plan), and the shares available for future purchase under the ESPP.

|                                                                                                                                 |     | As of March 31, 2025 |            |
|:--------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------|-----------:|
| Total number of shares of common stock subject to outstanding stock options                                                     |     |                      |  2,374,695 |
| Weighted-average exercise price of outstanding stock options                                                                    |     | $                    |      20.24 |
| Weighted-average remaining term of outstanding stock options (years)                                                            |     |                      | 5.63 years |
| Total number of shares of common stock subject to outstanding full value awards (assuming achievement of all performance goals) |     |                      |    612,292 |
| Total number of shares of common stock available for grant under the 2010 Plan                                                  |     |                      |    118,061 |
| Total number of shares of common stock available for grant under our 2015 Employee Stock Purchase Plan                          |     |                      |    211,987 |
| Total number of shares of common stock outstanding                                                                              |     |                      | 11,952,889 |
| Per-share closing price of common stock as reported on Nasdaq Capital Market                                                    |     | $                    |      19.93 |

Historical Burn Rate We measure annual burn rate based on stock options grant, PSUs earned, and other full value awards granted as a percentage of the weighted average common stock outstanding. Our equity incentive plan share usage over 2022, 2023 and 2024 represented a three-year average burn rate of 3.7%, as described in the table