Company: PTPI
Filing Date: 2025-02-19
Form Type: 424B4
Source: 0001410578-25-000164
Chunk: 226

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-02-19
Form: 424B4
Chunk 226
---
, 2023, our stockholders approved the Third Amendment to the 2020 Plan to increase the total number of shares of common stock issuable under the 2020 Plan by 2,500,000 shares to a total of 2,760,000 shares of common stock. As of December 31, 2023, there were 2,760,000 shares authorized and 2,158,658 shares available for issuance under the 2020 Plan.

<div align='center'>F-20</div>

The following is a summary of stock options for the years ended December 31, 2023, and 2022:

| ​                                        
 ​                                        
 ​                                        
 ​                                        | ​ 
 ​ 
 ​ |                ​ 
                ​ 
                ​ 
 Number of Shares | ​ 
 ​ 
 ​ | ​                
 ​                
 Weighted-Average 
 Exercise Price   |      ​ | ​ 
 ​ 
 ​ |                     ​ 
      Weighted-Average 
 Remaining Contractual 
          Term (Years) | ​ 
 ​ 
 ​ | ​                   
 Aggregate Intrinsic 
 Value               
 ($ in thousands)    |  ​ |
|:-----------------------------------------|:--|-----------------:|:--|:-----------------|-------:|:--|----------------------:|:--|:--------------------|---:|
| Options outstanding at December 31, 2021 |   |           61,567 | ​ | $                |  33.80 |   |                  9.23 | ​ | $                   |  — |
| Options granted                          |   |            5,000 | ​ |                  |  33.40 |   |                     ​ | ​ |                     |  ​ |
| Less: options expired/cancelled          |   |           -7,500 | ​ |                  | -32.10 |   |                     ​ | ​ |                     |  ​ |
| Options outstanding at December 31, 2022 |   |           59,067 | ​ | $                |  34.02 |   |                  8.29 | ​ | $                   |  — |
| Options granted                          |   |          455,066 | ​ | ​                |   1.27 |   |                     ​ | ​ | ​                   |  ​ |
| Less: options forfeited                  | ​ |           -5,000 | ​ | ​                | -33.40 | ​ |                     ​ | ​ | ​                   |