Company: SATLW
Filing Date: 2025-10-21
Form Type: DEF 14A
Source: 0001437749-25-031429
Chunk: 32

Company: Satellogic Inc.
Filing Date: 2025-10-21
Form: DEF 14A
Chunk 32
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ance under the Current Incentive Plan (C)             |     |                |   1,464,098 |     |          |      |   |
| Existing Overhang ((B+C)/(A+B+C))                                                              |     |                |             |     |          | 5.99 | % |
| Share Pool Increase under the Amended Incentive Plan (D)                                       |     |                |   4,264,986 |     |          |      |   |
| Overhang Following Increase in Share Pool under the Amended Incentive Plan ((B+C+D)/(A+B+C+D)) |     |                |             |     |          | 9.37 | % |

A summary of the material terms of the proposed Amended Incentive Plan, reflecting the changes described above, is included below. Stockholders are urged to read the actual text of the Current Incentive Plan, as proposed to be amended by the Amended Incentive Plan which is set forth as Appendix A to this Proxy Statement and incorporated herein by reference.

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Required Vote

Approval of the Amended Incentive Plan requires the affirmative vote of the holders of a majority of the voting power of shares present, either in person or by proxy, at the Annual Meeting.

Recommendation of the Board of Directors

The Board unanimously recommends a vote “FOR” the approval of the Amended Incentive Plan.

Summary of the Proposed Amended Incentive Plan

The material terms of the Amended Incentive Plan, as proposed, are summarized below. This summary is qualified in its entirety by references to the full text of the Amended Incentive Plan. See Appendix A.

Purpose

The purpose of the Amended Incentive Plan is to aid the Company and its related entities in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its related entities by enabling such persons to acquire or increase a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company’s stockholders, and providing such persons with performance incentives to expend their maximum efforts in the creation of stockholder value.

Shares Available for Issuance

The maximum number of shares that may be issued under the Amended Incentive Plan is the sum of: (i) 4,264,986, (ii) the number of shares available for issuance pursuant