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| | | | A-1 | | | |
| | | | B-1 | | |
| | | | By order of the Board of Directors, | |
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Laing Rikkers
Executive Chair |
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Pleasanton, California
[ ], 2023 |
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Covered Period
|
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Option
Grants |
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RSU
Grants |
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Shares
Outstanding(1) |
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Burn
Rate(2) |
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December 6, 2022 – October 20, 2023
|
| | | | 1,523,957 | | | | | | 736,250 | | | | | | 16,398,599 | | | | | | 13.8% | | |
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Issued
Overhang(1) |
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Total
Overhang(2) |
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ProSomnus (no additional share authorization)
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| | | | 9.0% | | | | | | 8.2% | | |
ProSomnus (with additional share authorization)
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| | | | 9.0% | | | | | | 22.5% | | |
Name and Position
|
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Year
|
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Salary
($) |
| |
Option Awards
Performance Plan Compensation ($)(1) |
| |
Non-Equity
Incentive Plan Compensation ($)(2) |
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Total ($)
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Leonard Liptak
Chief Executive Officer |
| | | | 2022 | | | | | | 333,750 | | | | | | 480,570 | | | | | | 631,597 | | | | | | 1,445,917 | | |
| | | 2021 | | | | | | 316,346 | | | | | | — | | | | | | 150,000 | | | | | | 466,346 | | | ||
Melinda Hungerman
Chief Financial Officer(3) |
| | | | 2022 | | | | | | 170,256 | | | | | | 89,035 | | | | | | 332,704 | | | | | | 591,995 | | |
| | | 2021 | | | | | | 158,654 | | | | | | — | | | | | | 82,500 | | | | | | 241,154 | | | ||
Sung Kim
Chief Technology Officer |
| | | | 2022 | | | | | | 205,006 | | | | | | 108,199 | | | | | | 249,625 | | | | | | 562,830 | | |
| | | 2021 | | | | | | 187,885 | | | | | | — | | | | | | 82,500 | | | | | | 270,385 | | | ||
Mark Murphy
Chief Growth Officer(4) |
| | | | 2022 | | | | | | 225,000 | | | | | | 62,665 | | | | | | 10,201 | | | | | | 297,866 | | |
| | | 2021 | | | | | | 195,000 | | | | | | — | | | | | | 60,000 | | | | | | 255,000 | | |
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A
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B
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C
|
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Number of
Securities to be Issued Upon Exercise of Outstanding Options, Warrants, Rights and RSUs |
| |
Weighted-
Average Exercise Price of Outstanding Options, Warrants, Rights and RSUs |
| |
Number of
Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (A)) |
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Plan Category | | | | | | | | | | | | | | | | | | | |
Equity compensation plans approved by security holders
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| | | | — | | | | | | N/A | | | | | | 2,411,283 | | |
Equity compensation plans not approved by security holders
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| | | | — | | | | | | N/A | | | | | | — | | |
Total | | | | | — | | | | | | — | | | | | | 2,411,283 | | |
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Board
|
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Audit
|
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Compensation
|
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Nominating
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Chair
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| | | $ | 80,000 | | | | | $ | 20,000 | | | | | $ | 15,000 | | | | | $ | 10,000 | | |
Member
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| | | $ | 40,000 | | | | | $ | 10,000 | | | | | $ | 7,500 | | | | | $ | 5,000 | | |
Name and Address of Beneficial Owner
|
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Number of
Shares Beneficially Owned |
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% of Class
|
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Directors and Named Executive Officers | | | | | | | | | | | | | |
Leonard Liptak(1)
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| | | | 475,685 | | | | | | 2.9 | | |
Laing Rikkers(2)
|
| | | | 504,766 | | | | | | 3.1 | | |
Melinda Hungerman(3)
|
| | | | 191,538 | | | | | | 1.2 | | |
Sung Kim
|
| | | | 107,316 | | | | | | * | | |
Mark Murphy(4)
|
| | | | 117,008 | | | | | | * | | |
William Johnson
|
| | | | 76,526 | | | | | | * | | |
Leonard Hedge
|
| | | | 70,255 | | | | | | * | | |
Jason Orchard
|
| | | | — | | | | | | * | | |
Steven Pacelli
|
| | | | 18,200 | | | | | | * | | |
Heather Rider
|
| | | | 5,000 | | | | | | * | | |
All executive officers and directors as a group (9 individuals)(5)
|
| | | | 1,267,723 | | | | | | 7.7 | | |
Greater than Five Percent Holders: | | | | | | | | | | | | | |
HealthpointCapital, LLC(6)
|
| | | | 6,660,239 | | | | | | 40.6 | | |
SMC Holdings II, LP(7)
|
| | | | 1,834,174 | | | | | | 10.2 | | |