Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 225

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 19
Chunk 225
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 vest either upon the satisfaction of service-based vesting conditions, the satisfaction of both service-based and performance-based vesting conditions, or the satisfaction of service-based, performance-based, and market-based vesting conditions. Refer to Note 2 for more information regarding the vesting conditions of our RSUs. RSUs granted under the 2013 Plan can only vest prior to the expiration date of the award which is seven years

A summary of RSU activity, including activity under our equity incentive plan, and related information is as follows:

                                                               Weighted-Average  
  Unvested as of December 31, 2023        21,911,263                      $8.02  
  Granted                                  7,355,210                      $4.60  
  Vested                                ( 7,408,175)                      $6.83  
  Forfeited                             ( 2,424,115)                      $5.58  
  Unvested as of December 31, 2024        19,434,183                      $7.49  

As of December 31, 2024, total unrecognized share-based compensation expense related to unvested RSUs was approximately $ 83.3 2.9

F-31

RISKIFIED LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

2021 Employee Share Purchase Plan

We adopted the 2021 Employee Share Purchase Plan, or ESPP, in connection with our IPO on July 15, 2021, to enable eligible employees of the company and certain of its designated subsidiaries to use payroll deductions to purchase the company’s Class A ordinary shares and thereby acquire ownership interests in the Company. A total of 3,742,961 1

Generally, all of our employees are eligible to participate if they are employed by us. However, an employee may not be granted rights to purchase our ordinary shares under the ESPP if such employee (i) immediately after the grant would own capital shares or hold outstanding share options to purchase such shares possessing 5

As of December 31, 2024, we have not effected any offering under the ESPP.

CEO Multi-Year Equity Award

In July 2021, our board of directors and shareholders granted to our chief executive officer, Mr. Gal, a multi-year equity award, comprising 3,993,440 ten years

The Multi-Year Award is structured so that meaningful value may only be realized upon the achievement of sustained and significant high performance levels. The award is