Company: ANY
Filing Date: 2025-03-28
Form Type: PRE 14A
Source: 0001628280-25-015485
Chunk: 57

Company: Sphere 3D Corp.
Filing Date: 2025-03-28
Form: PRE 14A
Chunk 57
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 Kalbfleisch Employment Agreement, on March 27, 2024, Mr. Kalbfleisch received 125,000 restricted stock units, valued at $170,000 based upon the common share price on the date of grant of $1.36, 25% of which vested on March 27, 2024, and the remaining which vest in equal quarterly installments beginning June 30, 2024 and ending January 31, 2026.

In May 2024, the Board approved 105,000 restricted stock units for Mr. Kalbfleisch valued at $124,425 based upon the common share price on the date of grant of $1.185. The restricted stock units vested on the date of grant.

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During fiscal year 2024, the Board approved two discretionary bonuses for Mr. Kalbfleisch in the aggregate amount of $70,460.

In January 2025, the Board approved a fiscal year 2024 annual bonus for Mr. Kalbfleisch in the amount of $360,000 and 625,000 restricted stock units, with a fair value of $540,938 based upon the common share price on the date of grant of $0.8655. The RSU vests quarterly beginning March 31, 2025 and ending December 31,2026. The Board also approved a 5.0% salary increase for Mr. Kalbfleisch from $320,000 to $336,000 annually.

Timing of Option Awards

We provide the following discussion of the timing of option awards in relation to the disclosure of material nonpublic information, as required by Item 402(x) of Regulation S-K. We have no policy or practice regarding option grant timing because we do not grant, and have not in recent years granted, option awards to our NEOs. We do not timethe disclosure of material nonpublic information to affect the value of executive compensation. During 2024, we did not grant any option awards to our NEOs.

Securities Authorized for Issuance Under Equity Compensation Plans

For more information on our equity compensation plans, see “Equity Compensation Plan Information” and “Summary Description of the 2025 Performance Incentive Plan” under the “2025 Performance Incentive Plan” proposal.

#### Insider Trading Policy
We have adoptedand maintain an insider trading policy governing the purchase, sale, and other dispositions of Company securities that are applicable to the Company itself