Company: SOBR
Filing Date: 2025-06-23
Form Type: DEF 14A
Source: 0001477932-25-004765
Chunk: 32

Company: SOBR Safe, Inc.
Filing Date: 2025-06-23
Form: DEF 14A
Chunk 32
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,667 Restricted Stock Units under our 2019 Equity Incentive Stock Plan, which vested in November 2022. On November 4, 2022, Mr. Bennett was granted 50,000 Restricted Stock Units under our 2019 Equity Incentive Plan, that vest on June 1, 2023. The Bennett Agreement is for a two-year term. Effective March 15, 2023, Scott Bennet will continue as Executive Vice President of Business Operations but will no longer be an officer of the Company.

Prior to hiring Mr. Bennett as an executive officer, Mr. Bennett was granted (i) 3,334 Restricted Stock Units pursuant to a prior consulting arrangement with us, and (ii) a stock option to acquire 33,334 shares of our common stock at an exercise price of $10.14 per share under a prior employment agreement with us and repriced effective November 4, 2022, to an exercise price of $2.39 per share. The restricted stock units were issued under our 2019 Equity Plan and vested in November 2023. The stock options were also issued under our 2019 Equity Incentive Plan and vest in equal installments, monthly over a thirty-six (36) month period beginning May 17, 2021.

Additionally, on March 14, 2023, the following individuals have entered into Indemnification Agreements with the Company, which were approved by the stockholders at the Company’s 2023 Annual Stockholder Meeting held June 9, 2023.

| · | David Gandini – Board Chair, Secretary & Chief Executive Officer                          |
| · | Steven Beabout – Board Director, Lead Independent Director & Compensation Committee Chair |
| · | Sandy Shoemaker – Board Director & Audit Committee Chair                                  |
| · | Ford Fay – Board Director & Corp Governance Committee Chair                               |
| · | Noreen Butler – Former Board Director                                                     |
| · | Scott Bennett – EVP of Operations                                                         |

| 18 |

Director Compensation

The following table sets forth director compensation for 2024:

| Name            |     | Fees Earned  or Paid in  Cash ($) |     | Stock  Awards ($) |     | Option  Awards ($) |     |     | Non-Equity  Incentive Plan  Compensation ($) |     | Nonqualified  Deferred  Compensation  Earnings ($) |     | All Other  Compensation ($) |     | Total ($) |     |
| David Gandini   |