Company: INDP
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001493152-25-010136
Chunk: 235

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 235
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 full
on the first anniversary of the grant date, subject to continued service on the Board and the options shall also vest in full immediately
upon a director’s death, disability or a change of control.

90

Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The
following table sets forth certain information with respect to holdings of our common stock by (i) stockholders who beneficially owned
more than 5% of the outstanding shares of our common stock, and (ii) each of our directors (which includes all nominees), each of our
named executive officers and all directors and executive officers as a group as of March 12, 2025, unless otherwise indicated. The number
of shares beneficially owned by each stockholder is determined under rules issued by the SEC. Under these rules, beneficial ownership
includes any shares as to which a person has sole or shared voting power or investment power. Applicable percentage ownership is based
on 14,429,244 shares of common stock outstanding as of March 12, 2025. In computing the number of shares beneficially owned by a person
and the percentage ownership of that person, shares of common stock subject to options, or other rights held by such person that are
currently exercisable or will become exercisable within 60 days of March 12, 2025 are considered outstanding, although these shares are
not considered outstanding for purposes of computing the percentage ownership of any other person.

Unless
otherwise indicated, the address of each beneficial owner listed below is 3 Columbus Circle, 15th Floor, New York, NY 10019.
We believe, based on information provided to us, that each of the stockholders listed below has sole voting and investment power with
respect to the shares beneficially owned by the stockholder unless noted otherwise, subject to community property laws where applicable.

    Name of Beneficial Owner 
    Number of Shares Beneficially Owned  
    Percentage of Shares Beneficially Owned 
  
    Persons or entities holding 5% or more our outstanding common stock 

    Glen R. Anderson 
     1,190,400(1) 
     8.2%
  
    Matthew Joseph Nachtrab Revocable Trust dtd 12/15/2014 
     2,142,462(2) 
     13.8%
  
    Yehuda Shimoni 
     1,644,300(3) 
     10