Chris Merkel - Mar 26, 2025 Form 4 Insider Report for DevvStream Corp. (DEVS)

Role: Chief Operating Officer
Signature: /s/ Julio Esquivel as Attorney-in-Fact for Reporting Person
Stock symbol: DEVS
Transactions as of: Mar 26, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/28/2025, 04:51 PM
Previous filing: Nov 7, 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DEVS	Stock Option (right to buy)	Award	$0	+350K		$0.00	350K	Mar 26, 2025	Common Shares	350K	$0.23	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents options granted under the Company's 2024 Equity Incentive Plan. One third of the shares vest on the first anniversary of the grant date and the remainder of the shares subsequently vest in equal monthly installments over the second and third year after the grant date, subject to the Reporting Person's continued service as an officer. The option exercise price is the closing price on the date of the grant, March 26, 2025.

Content

Represents options granted under the Company's 2024 Equity Incentive Plan. One third of the shares vest on the first anniversary of the grant date and the remainder of the shares subsequently vest in equal monthly installments over the second and third year after the grant date, subject to the Reporting Person's continued service as an officer. The option exercise price is the closing price on the date of the grant, March 26, 2025.