Company: DMRC
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001437749-25-009135
Chunk: 66

Company: Digimarc CORP
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 66
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 with a positive vote for the say-on-pay proposal.

<div align='center'>The Board of Directors recommends a vote FOR the approval, on a non-binding basis, of the compensation of Digimarc’s named executive officers as disclosed in this proxy statement pursuant to the compensation disclosure rules of the SEC.

40

VOTE TO APPROVE EMPLOYEE STOCK PURCHASE PLAN

(Proposal No. 4 on your proxy card)</div>

We are asking shareholders to approve the Digimarc Corporation Employee Stock Purchase Plan (“Employee Stock Purchase Plan” or “ESPP”). Our Board of Directors adopted the Employee Stock Purchase Plan on February 25, 2025, subject to shareholder approval. The description set forth below of the Employee Stock Purchase Plan is a summary and is qualified in its entirety by reference to the complete text of the Employee Stock Purchase Plan, which is attached to this proxy statement as Appendix A. Please read the Employee Stock Purchase Plan for more detailed information.

The purpose of the Employee Stock Purchase Plan is to provide eligible employees of the Company and those subsidiaries designated to participate in the Employee Stock Purchase Plan with an opportunity to purchase shares of common stock of Digimarc. A total of 250,000 shares of common stock will be available for issuance and purchase under the Employee Stock Purchase Plan. If any option to purchase terminates for any reason without having been exercised, the shares of common stock not purchased under such option shall again become available for purchase under the Employee Stock Purchase Plan.

The Employee Stock Purchase Plan will be administered by the Compensation and Talent Management Committee or any other committee appointed by the Board to administer the Employee Stock Purchase Plan (the “ESPP Committee”). The ESPP Committee has the full and exclusive discretionary authority to construe and interpret the Employee Stock Purchase Plan and the rights granted under it, to designate from time to time which subsidiaries of the Company will participate in the Employee Stock Purchase Plan, to establish rules and regulations for the administration of the Employee Stock Purchase Plan and to amend the Employee Stock Purchase Plan to satisfy applicable laws, to obtain any exemption under such laws or to reduce or eliminate any unfavorable legal, accounting or consequences or for other purposes deemed appropriate. The ESPP Committee also may adopt special rules for employees of the Company’s international subsidiaries to conform to the particular laws and practices of the countries in which such employees reside. The ESPP Committee has the authority to delegate its duties to officers, directors or employees of the Company.

Eligibility

Generally, all employees of the Company and its designated subsidiaries are eligible to participate in the Employee