Company: IBTA
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017508
Chunk: 29

Company: Ibotta, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 29
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 as a member of the committee. All cash payments to non-employee directors will be paid quarterly in arrears and will be prorated as needed to reflect the director's length of service.

In addition to the compensation structure described above, our Outside Director Compensation Policy provides the following equity incentive compensation program for non-employee directors. Each person who first becomes a non-employee director receives, on the first trading date on or after the date on which the person first becomes a non-employee director, an initial award of RSUs covering a number of shares having a value equal to $400,000, rounded to the nearest whole share. Each initial award vests as to one-third of the RSUs on each anniversary of the grant date, in each case subject to continued service through each relevant vesting

#### Ibotta, Inc.212025 Proxy Statement
date. If the person was a member of our Board of Directors and also an employee, becoming a non-employee director due to termination of employment will not entitle the non-employee director to an initial award.

On the date of each of our annual shareholder meetings, each non-employee director who has provided continuous service as a non-employee director from the date that is six months before that annual shareholder meeting through the date of that annual shareholder meeting automatically is granted an award of RSUs having a grant value of $200,000, rounded to the nearest whole share. Each annual award vests as to 100% of the RSUs on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the annual shareholder meeting next following the date the award was granted, in each case subject to continued service through the applicable vesting date.

In addition, we intend to grant Ms. Sheppard an equity grant of RSUs for her service on our Board of Directors having a grant value of $200,000, rounded to the nearest whole share on the date of the Annual Meeting. Such grant will vest on the same terms as the awards granted to our non-employee directors.

With respect to equity awards granted to a non-employee director while such individual was a non-employee director, in the event of a change in control of our Company, the non-employee director will fully vest in and have the right to exercise his or her outstanding equity awards (including those granted pursuant to our Outside Director Compensation Policy) and, with respect to equity awards with performance-based vesting, all performance goals or other vesting criteria