In connection with the IPO, the Company adopted the Vince 2013 Incentive Plan, which provides for grants of stock options, stock appreciation rights, restricted stock and other stock-based awards. In May 2018, the Company filed a Registration Statement on Form S-8 to register an additional 660,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. Additionally, in September 2020, the Company filed a Registration Statement on Form S-8 to register an additional 1,000,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. The aggregate number of shares of common stock which may be issued or used for reference purposes under the Vince 2013 Incentive Plan or with respect to which awards may be granted may not exceed 2,000,000 shares. The shares available for issuance under the Vince 2013 Incentive Plan may be, in whole or in part, either authorized and unissued shares of the Company's common stock or shares of common stock held in or acquired for the Company's treasury. In general, if awards under the Vince 2013 Incentive Plan are canceled for any reason, or expire or terminate unexercised, the shares covered by such award may again be available for the grant of awards under the Vince 2013 Incentive Plan. As of August 3, 2024, there were 543,948 shares under the Vince 2013 Incentive Plan available for future grants. Options granted pursuant to the Vince 2013 Incentive Plan typically vest in equal installments over four years, subject to the employees' continued employment and expire on the earlier of the tenth anniversary of the grant date or upon termination as outlined in the Vince 2013 Incentive Plan. Restricted stock units ("RSUs") granted typically vest in equal installments over a three-year period or vest in equal installments over four years, subject to the employees' continued employment. In November 2023, the Vince 2013 Incentive Plan was amended to, among others, extend the plan expiration date to November 2033.

The Company maintains an employee stock purchase plan ("ESPP") for its employees. Under the ESPP, all eligible employees may contribute up to 10% of their base compensation, up to a maximum contribution of $10 per year. The purchase price of the stock is 90% of the fair market value, with purchases executed on a quarterly basis. The plan is defined as compensatory, and accordingly, a charge for compensation expense is recorded to SG&A expense for the difference between the fair market value and the discounted purchase price of the Company's common stock. During the six months ended August 3, 2024, 7,593 shares of common stock were

issued under the ESPP. During the six months ended July 29, 2023, 6,124 shares of common stock were issued under the ESPP. As of August 3, 2024, there were 36,077 shares available for future issuance under the ESPP.

There were no stock options outstanding, vested or exercisable as of August 3, 2024 and February 3, 2024, respectively. During the three and six months ended August 3, 2024, there were no grants, expirations or forfeitures, or exercises of stock options.

A summary of restricted stock unit activity for the six months ended August 3, 2024 is as follows:


	Restricted Stock Units			Weighted Average Grant Date Fair Value
Non-vested restricted stock units at February 3, 2024		474,103		$	7.07
Granted		366,979		$	1.67
Vested		(119,428	)	$	8.96
Forfeited		(74,993	)	$	9.01
Non-vested restricted stock units at August 3, 2024		646,661		$	3.44

The Company recognized share-based compensation expense of $255 and $393, including expense of $75 and $67 related to non-employees, during the three months ended August 3, 2024 and July 29, 2023, respectively. The Company recognized share-based compensation expense of $250 and $813 including expense of $150 and $121 related to non-employees, during the six months ended August 3, 2024 and July 29, 2023, respectively.