Company: LBRX
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0001193125-25-197877
Chunk: 291

Company: LB PHARMACEUTICALS INC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 291
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18) months of her then-current base salary, (ii) a pro rata portion of the annual bonus for the fiscal year in which the termination occurs, to the extent Dr. Eramo would have otherwise earned such bonus based on actual 
 performance, and (iii) if Dr. Eramo is eligible for and elects group health plan continuation coverage under COBRA, we will reimburse Dr. Eramo for eighteen (18) months of the monthly COBRA premium paid by her for herself and her 
 spouse/dependents, and (iv) an additional six (6) monthly installments of the option to purchase 26,893 shares of our common stock that Dr. Eramo received in August 2023 will automatically vest.                                    |

| • |     | If, in the alternative, we terminate Dr. Eramo’s employment without cause or she resigns for good                                                                                                                                         
 reason in connection with a change in control (as defined in the Eramo Employment Agreement), Dr. Eramo will be entitled to receive the following benefits in lieu of the regular severance benefits set forth above: (i) a lump sum cash 
 payment equal to one year of her then-current base salary, plus one-and-a-half (1.5) times the annual bonus opportunity for                                                                                                               
 the year in which the termination occurs and (ii) if Dr. Eramo is eligible for and elects group health plan continuation coverage under COBRA, we will reimburse Dr. Eramo for twelve (12) months of the monthly COBRA premium            
 paid by her for herself and her spouse/dependents. These severance arrangements were modified in the Eramo Employment Agreement, as amended and restated in September 2025, as described below.                                           |

| • |     | Upon termination of Dr. Eramo’s employment by reason of death or disability (as defined in the Eramo                                                                                                                                            
 Employment Agreement), Dr. Eramo (or her estate) will be entitled to receive the following benefits pursuant to the Eramo Employment Agreement: (i) a pro rata portion of the annual bonus for the fiscal year in which the termination occurs, 
 to the extent Dr. Eramo would have otherwise earned such bonus based on actual performance, (ii) if Dr. Eramo is eligible for and elects group health plan continuation coverage under COBRA, we will reimburse Dr. Eramo for the monthly       
 COBRA premium