Company: PTHS
Filing Date: 2025-05-27
Form Type: DEFM14C
Source: 0001140361-25-020509
Chunk: 480

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-05-27
Form: DEFM14C
Chunk 480
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, with individual dispositive power of the Lara Knuettel Revocable Trust, and accordingly, may be deemed to beneficially own the shares of Channel common stock owned directly by Camden and the Lara Knuettel Revocable Trust. |

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TABLE OF CONTENTS

| (3) | For Mr. Friedberg, includes 16,667 shares of Channel common stock issuable upon the exercise stock options held by Mr. Friedberg, which are exercisable for shares of Channel common stock at a price of $22.68 per share, an RSU for 40,427 shares and 520,719 shares of Channel common stock owned by Balmoral Financial Group LLC (“Balmoral”). In addition, Mr. Friedberg serves as a manager with individual dispositive power of Balmoral, and accordingly, may be deemed to beneficially own the shares of Channel common stock owned directly by Balmoral. |

| (4) | For Mr. Davis, includes 33,334 shares of Channel common stock issuable upon the exercise of stock options held by Mr. Davis, which are exercisable for shares of Channel common stock at a price of $22.68 per share, 22,223 shares of Channel common stock issuable upon the exercise of stock options held by Mr. Davis, which are exercisable for shares of Channel common stock at a price of $22.68 per share, an RSU for 81,034 shares and an additional 29,167 shares of Channel common stock issued in a private placement in full satisfaction of Channel’s obligations under the Director Note. |

| (5) | For Mr. Malamut, includes 16,667 shares of Channel common stock issuable upon the exercise of stock options held by Mr. Malamut, which are exercisable for shares of Channel common stock at a price of $22.68 per share, an RSU for 40,427 shares and 10,400 shares of common stock. |

| (6) | For Ms. Simmons, includes 15,000 shares of Channel common stock issuable upon the exercise of stock options held by Ms. Simmons, which are exercisable for shares of Channel common stock at a price of $22.68 per share and 45,000 shares of Channel common stock issuable upon the exercise of stock options held by Ms. Simmons, which are exercisable for shares of Channel common stock at a price of $1.30. |

| (7) | For Dr.