Company: TXG
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001770787-25-000018
Chunk: 39

Company: 10x Genomics, Inc.
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 39
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 to at-risk pay and pay-for-performance. |     |                                                     |     | Revenue |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | -1%                                                 |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Year-Over-Year Growth                               |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Spatial Product Revenue                             |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | 33%                                                 |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Year-Over-Year Growth                               |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Cash and Cash Equivalents and Marketable Securities |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | $4.7 million                                        |     |         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |     | Year-Over-Year Increase                             |     |         |

#### CEO Pay
We target our Chief Executive Officer’s total compensation to be close to the 50th percentile of our peer group, with base salary and target total cash compensation near the 25th percentile. However, based on the 2024 market data provided by our compensation committee’s independent compensation consultant, our CEO's actual base salary and target total cash compensation were below the 25th percentile, while target total compensation remained below the 50th percentile compared to other CEOs in our peer group.

More than 90% of our Chief Executive Officer’s target total compensation for 2024 was "at-risk," in line with our pay-for-performance philosophy. This "at-risk" compensation was tied to company performance, including his cash bonus opportunity and equity incentive awards. As outlined below, a significant portion—93%—of the CEO’s target total compensation for 2024 was performance-based and at-risk.

2024 saw continued reductions in the annual compensation for our Chief Executive Officer. In continuation of previous year’s reduction in compensation, our Chief Executive Officer’s annual compensation in 2024 was $356,700 lower in 2024 compared to 2023, due primarily to smaller annual equity awards and annual incentive plan payment in 2024 compared to 2023, as detailed below.

(1) As part of a company-wide compensation program in 2022, Dr. Saxonov received special one-time equity awards with a value of $7.6M (subject to performance vesting) to reinforce alignment of our compensation program to our longer-term growth strategy, and to drive our pay for performance philosophy while sustaining the team’s high engagement.

####