Phathom launches voluntary stock option exchange for RSUs at 2-for-1 ratio

Phathom Pharmaceuticals, Inc.

Eligible employees and consultants can exchange outstanding stock options for RSUs at a 2-for-1 ratio (one RSU per two options).
Option exchange commenced June 15, 2023; participants must remain employed through expiration.
Non-employee board members are excluded from participation.
Exchange is made under the 2019 Incentive Award Plan via a tender offer statement on Schedule TO.

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