Company: MYGN
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000899923-25-000028
Chunk: 57

Company: MYRIAD GENETICS INC
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 57
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 Dale Muzzey, Ph.D. Chief Scientific Officer           |     |              49,250 |     |                                   $1,050,010 |

(1) The amounts represent the number of RSUs granted to our NEOs during the 2024 fiscal year. Except as otherwise noted in footnote (2) below, the RSUs awarded to Mr. Diaz, Mr. Leffler, Mr. Raha, Mr. Verratti and Dr. Muzzey were granted on March 14, 2024, and vest 33% on March 14, 2025, 33% on March 14, 2026 and 33% on March 14, 2027, subject to the executive officer's continued service to the Company. (2) Mr. Leffler received an award of 117,770 RSUs on January 29, 2024. 25% of these RSUs vested on January 29, 2025 and the remaining RSUs vest 25% on January 29, 2026, 25% on January 29, 2027, and 25% on January 29, 2028. (3) The amounts represent the grant date fair value calculated in accordance with FASB ASC Topic 718 and, (a) in the case of RSUs granted on March 14, 2024, are based on the closing price of our common stock on the Nasdaq Global Select Market on March 14, 2024, of $21.32, and (b) in the case of RSUs granted on January 29, 2024, are based on the closing price of our common stock on the Nasdaq Global Select Market on January 29, 2024, of $22.72. Performance-based restricted stock units (PSUs) . For our NEOs, all PSUs awarded will vest after three years only if predetermined, formula-based, performance targets are achieved. Each performance metric has threshold, target and maximum performance level targets. The actual number of units earned is determined based on the percentage achievement of each predetermined performance target with no award earned if the minimum threshold is not achieved. Maximum payout is capped at 150% of the target number of PSUs granted. If the minimum threshold is achieved, the awards for fiscal year 2024 vest on the three-year anniversary of the grant date, or March 14, 2027. The level of achievement for the performance metrics are noted