| Summary of Performance Award And Market Capitalization Milestones |
Summary of Performance Award And Market Capitalization Milestones
| Tranche # | |
No. of Shares Subject to PSU | | |
Market Capitalization Milestones(1) | |
| 1 | |
| 1,000,000 | | |
$ | 1,000,000,000 | |
| 2 | |
| 1,500,000 | | |
$ | 1,500,000,000 | |
| 3 | |
| 1,500,000 | | |
$ | 2,000,000,000 | |
| 4 | |
| 2,000,000 | | |
$ | 2,500,000,000 | |
| 5 | |
| 1,000,000 | | |
$ | 3,000,000,000 | |
| 6 | |
| 1,000,000 | | |
$ | 3,500,000,000 | |
| 7 | |
| 1,000,000 | | |
$ | 4,000,000,000 | |
| 8 | |
| 2,000,000 | | |
$ | 4,500,000,000 | |
| 9 | |
| 1,000,000 | | |
$ | 5,000,000,000 | |
| 10 | |
| 1,000,000 | | |
$ | 5,500,000,000 | |
| Total: | |
| 13,000,000 | | |
| | |
|
| Summary of Option and Stock Appreciation Rights Activity |
A
summary of the option and stock appreciation rights activity for the six-month period ended June 30, 2026, is as follows:
Summary of Option and Stock Appreciation Rights Activity
| | |
Number of Options/SARs | | |
Range of Exercise Price | | |
Weighted Average Exercise Price per Share | |
| Outstanding, December 31, 2025 | |
| 4,270,381 | | |
| $0.74 - $9.20 | | |
$ | 3.49 | |
| Granted | |
| 621,500 | | |
| $1.87 - $2.02 | | |
| 1.87 | |
| Exercised | |
| (20,115 | ) | |
| $0.74 - $2.03 | | |
| 1.29 | |
| Forfeited | |
| (212,511 | ) | |
| $1.53 - $6.96 | | |
| 3.44 | |
| Outstanding, June 30, 2026 | |
| 4,659,255 | | |
| $0.74 - $9.20 | | |
$ | 3.29 | |
|
| Schedule of Restricted Stock Unit Activity |
A
summary of the restricted stock unit activity for the six-month period ended June 30, 2026, is as follows:
Schedule
of Restricted Stock Unit Activity
| | |
Number of Restricted Stock Units | | |
Weighted Average Grant Date Fair Value per Unit | |
| Outstanding, December 31, 2025 | |
| 2,480,633 | | |
$ | 2.49 | |
| Granted | |
| 310,688 | | |
$ | 2.11 | |
| Vested | |
| (115,000 | ) | |
$ | 2.32 | |
| Forfeited | |
| (230,000 | ) | |
$ | 1.60 | |
| Outstanding, June 30, 2026 | |
| 2,446,321 | | |
$ | 2.53 | |
|