Company: XTIA
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032213
Chunk: 642

Company: XTI Aerospace, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 642
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 automobile allowance and CVH unit grants
    valued at $94,897, which is the fair market value at the date of grant. 

    (6)
    The
    2024 amount represents a bonus earned under the Strategic Transaction Bonus Plan. The 2023 amount represents a bonus earned under
    the Completed Transaction Bonus Plan.

    (7)
    The
    2024 amount includes $1,487,012 of severance compensation, $18,791 of accrued vacation paid as compensation, a $3,000 automobile
    allowance, and a $57,000 housing allowance.  The 2023 amount includes $51,970 of accrued vacation paid as compensation,
    a $12,000 automobile allowance, a $227,999 housing allowance, and CVH unit grants valued at $462,430, which is the fair market value
    at the date of grant. 

    (8)
    The
    2024 amount represents a bonus earned under the Strategic Transaction Bonus Plan. The 2023 amount represents a bonus earned under
    the Completed Transaction Bonus Plan.

    (9)
    The
    2024 amount includes $521,344 of severance compensation and $22,586 of accrued vacation paid as compensation. The 2023 amount includes
    $21,635 of accrued vacation paid as compensation and CVH unit grants valued at $181,400, which is the fair market value at the date
    of grant.

60

Outstanding
Equity Awards at Fiscal Year-End 

Other
than as set forth below, there were no outstanding unexercised options, unvested stock, and/or equity incentive plan awards issued to
our Named Executive Officers as of December 31, 2024.

    Name 
    Grant Date (1)  
    Number of securities underlying unexercised options (#) exercisable  
    Number of securities underlying unexercised options (#) un-exercisable  
    Option  Exercise Price ($)  
    Option expiration date 
  
    Scott Pomeroy 
     06/12/2024  
             -  
     11,250  
     117.50  
     06/12/2034 
  
    Brooke Turk 
     06/12/2024  
     -  
     6,563  
     117.50  
     06/12/2034