X0306 4 2022-10-20 0 0001110607 Deep Down, Inc. DPDW 0001607572 Carden Mark 1310 RANKIN RD. HOUSTON TX 77073 1 0 0 0 STOCK OPTIONS 0.63 2022-10-20 4 A 0 50000 0.63 A 2027-10-20 COMMON STOCK 50000 50000 D Stock options subject to the Optionee's continuous service as a director through such date, twenty-five percent of the Shares on each of October 31, 2022, November 30, 2022, February 28, 2023 and May 31, 2023. In addition to the foregoing, all Shares shall vest immediately prior to a Change in Control. /s/ Mark Carden 2022-11-28