Alpha Compute expands equity incentive plan to 1,070,127 shares
ALP•Alpha Compute amended its 2021 Equity Incentive Plan on September 30, 2026, increasing the share allocation to 1,070,127, excluding eligible carryovers. A reserved 387,727-share allocation is subject to award criteria.
1. Plan allocation
The amended plan reserves 387,727 shares for awards that meet at least two criteria covering time-based vesting, share-price milestones or option pricing. Time-based vesting must last at least three years and begin no earlier than one year after grant; qualifying options require an exercise price at least 2.5 times the grant-date share price.
2. Award conditions
Share-price milestones must cover at least 50% of an award, with an average target of at least three times the grant-date share price. The board may increase the share limit annually by up to 4% of outstanding shares, excluding the special allocation.
