Company: SXTPW
Filing Date: 2025-08-27
Form Type: DEF 14A
Source: 0001213900-25-080878
Chunk: 49

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-27
Form: DEF 14A
Chunk 49
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, the recipient will recognize ordinary
income in an amount equal to the difference between the fair market value of the shares on the date of exercise and the exercise price.
When the shares are sold, any difference between the sale price and the fair market value of the shares on the date of exercise will generally
be treated as long term or short term capital gain or loss, depending on whether the stock was held for more than one year. Upon the exercise
of a non-qualified stock option, the Company will be entitled to a corresponding income tax deduction in the tax year in which the option
was exercised.

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Upon exercise of an incentive stock option, the
excess of the fair market value of the shares of common stock acquired over the option exercise price will be an item of tax preference
to the participant, which may be subject to an alternative minimum tax for the year of exercise. If no disposition of the shares is made
within two years from the date of granting of the incentive stock option or within one year after the transfer of the shares to the participant,
the participant does not realize taxable income as a result of exercising the incentive stock option; the tax basis of the shares received
for capital gain treatment is the option exercise price; any gain or loss realized on the sale of the shares is long-term capital gain
or loss. If the recipient disposes of the shares within the two-year or one-year periods referred to above, the recipient will realize
ordinary income at that time in an amount equal to the excess of the fair market value of the shares at the time of exercise (or the net
proceeds of disposition, if less) over the option exercise price. For capital gain treatment on such a disposition, the tax basis of the
shares will be their fair market value at the time of exercise.

Stock Appreciation Rights

A recipient does not recognize any taxable income
upon the receipt of a stock appreciation right (“SAR”). Upon the exercise of a SAR, the recipient will recognize ordinary
income in an amount equal to the excess of the fair market value of the underlying shares of common stock on the exercise date over the
exercise price.

Upon the exercise of a SAR, the Company will be
entitled to a corresponding income tax deduction in the tax year in which the SAR was exercised.

Equity Plan Information

The following chart reflects the number of securities
granted under equity compensation plans approved and not approved by stockholders and the weighted average exercise price for such plans