Company: LIDRW
Filing Date: 2025-04-07
Form Type: DEFC14A
Source: 0001140361-25-012590
Chunk: 46

Company: AEye, Inc.
Filing Date: 2025-04-07
Form: DEFC14A
Chunk 46
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 the vesting date), the participant will have taxable compensation equal to the difference between the fair market value of the shares on that date over the amount the participant paid for such shares, if any, unless the participant made an election under Section 83(b) of the Code to be taxed at the time of grant. If the participant made an election under Section 83(b), the participant will have taxable compensation at the time of grant equal to the difference between the fair market value of the shares on the date of grant over the amount the participant paid for such shares, if any. If the election is made, the participant will not be allowed a deduction for restricted stock forfeited subsequently required to be returned to us. (Special rules apply to the receipt and disposition of restricted shares received by officers and directors who are subject to Section 16(b) of the Exchange Act.) We will be able to deduct, at the same time as it is recognized by the participant, the amount of taxable compensation to the participant for U.S. federal income tax purposes, but such deduction may be limited under Sections 280G and 162(m) of the Code for compensation paid to certain individuals designated in those Sections. RSUs . A participant will not be subject to tax upon the grant or vesting of a RSU award. Rather, upon the delivery of shares or cash pursuant to a RSU award, the participant will have taxable compensation equal to the fair market value of the number of shares (or the amount of cash) the participant actually receives with respect to the award. We will be able to deduct the amount of taxable compensation to the participant for U.S. federal income tax purposes, but the deduction may be limited under Sections 280G and 162(m) of the Code for compensation paid to certain individuals designated in those Sections. 2021 Equity Plan Aggregate Outstanding Grants and New Benefits As of April 4, 2025, outstanding awards under our 2021 Equity Plan are held by, or approved to be granted to, the following named individuals and groups:

| Name                                      |     | Stock Options 
    (Number of 
       Shares) |     | Restricted Stock 
 Units (Number of 
          Shares) |
| Matthew Fisch(1)                          |     |             0 |     |                0 |
| Andrew S. Hughes                          |     |             0 |     |           14,062 |
| Conor B. Tierney                          |     |             0 |     |           21,948 |
| All