Company: PTPI
Filing Date: 2025-02-21
Form Type: 8-K
Source: 0001104659-25-016181
Chunk: 3

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-02-21
Form: 8-K
Item: Item 8.01
Chunk 3
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Item 8.01 Other Events.

On February 19, 2025, in connection with
the closing of the Offering, the Company granted to each of Joshua N. Silverman, Bruce T. Bernstein, Wayne R. Walker, Fady Boctor, Mitchell
Arnold and Robert Weinstein, shares of restricted common stock of the Company in the amount of 1,000,000, 300,000, 150,000, 450,000, 150,000
and 150,000 shares, respectively (collectively, the “ Stock Awards”). The holder of the Stock Awards are entitled to all of
the rights of a stockholder of the Company, including the right to vote the shares and the right to receive any dividends thereon. The
Stock Awards are intended to incentivize certain of the Company’s directors and officers to help achieve the successful completion
of the Offering and are subject to the terms and conditions of the Plan and the respective Restricted Stock Award Agreements.

On February 18, 2025, the Company issued
a press release announcing the pricing of the Offering. A copy of the press release is attached as Exhibit 99.1 to this Current Report
on Form 8-K and is hereby incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits