Item 5.02   Departure of Directors or Certain Officers; Election of Directors;
            Appointment of Certain Officers; Compensatory Arrangements of Certain
            Officers.

On December 30, 2021, the Compensation Committee of the Board of Directors of SWK Holdings Corporation (the "Company") approved a letter agreement by and between the Company and its Chief Executive Officer, Winston L. Black, that extends the term of Mr. Black's employment agreement, dated January 28, 2019, through March 31, 2022, and approves the vesting and net settlement of certain stock options granted to Mr. Black in 2012 and the net settlement of certain restricted stock granted to Mr. Black in 2019. Further, the letter agreement extends the performance vesting opportunity of certain stock options granted to Mr. Black in 2014 to the expiration date of those stock options in 2024.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the letter agreement, which is filed as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.




Item 9.01  Financial Statements and Exhibits




10.1     Letter Agreement, dated December 30, 2021, by and between the Company and
       Winston L. Black III

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