Company: PHAT
Filing Date: 2025-04-16
Form Type: 8-K
Source: 0001193125-25-082089
Chunk: 1

Company: Phathom Pharmaceuticals, Inc.
Filing Date: 2025-04-16
Form: 8-K
Item: Item 5.02
Chunk 1
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 (“ RSUs), in accordance with the Company’s Non-Employee Director Compensation Program. The option award will have a term of ten years from the date of grant and will vest and become exercisable over three years, subject to Mr. Schroeder’s continued service on the Board through the applicable vesting date. The RSUs will vest over three years, subject to Mr. Schroeder’s continued service on the Board through the applicable vesting date. Mr. Schroeder will also receive cash compensation for his service on the Board in accordance with the Company’s Non-Employee Director Compensation Program. Mr. Schroeder will enter into the Company’s standard indemnification agreement for directors, the form of which was filed as Exhibit 10.11 to the Company’s Registration Statement on Form S-1, initially filed with the Securities and Exchange Commission on September 30, 2019.

There are no arrangements or understandings between Mr. Schroeder and any other persons pursuant to which he was selected as a director, and there are no related person transactions (within the meaning of Item 404(a) of Regulation S-K) between Mr. Schroeder and the Company. The Board has determined that Mr. Schroeder meets the applicable independence requirements of the Nasdaq Stock Market.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                            PHATHOM PHARMACEUTICALS, INC.                                            
  Date: April 16, 2025      By:                                /s/ Molly Henderson                   
                                                               Molly Henderson                       
                                                               Chief Financial and Business Officer