Company: SRPT
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0000950170-25-058003
Chunk: 85

Company: Sarepta Therapeutics, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 85
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 (2) The amounts included in the “Stock Awards” and “Option Awards” columns reflect the aggregate grant date fair value of awards during each year calculated in accordance with FASB ASC Topic 718, disregarding the effect of forfeitures. Assumptions used in the calculation of these amounts are included in Note 15 to the consolidated financial statements set forth in our Annual Report. See the table below captioned “ Grants of Plan Based Awards in 2024 ” for additional information on equity awards granted in 2024. (3) RSUs in the "Stock Awards" column are valued based on the closing price of our common stock on the Nasdaq Global Select Market on the date of grant. PSUs in the “Stock Awards” column were based upon the probable outcome of performance conditions as of the grant date. Because the performance conditions associated with these awards were not deemed probable of occurring on the grant date, the grant date fair value of these awards was determined to be zero. The following are the values of the 2022 PSUs, 2023 PSUs, and 2024 PSUs, respectively as of the grant date assuming attainment of the maximum level of performance: Mr. Estepan, $552,888, $2,729,825, and $2,010,469; Dr. Rodino-Klapac, $552,888, $2,729,825, and $2,010,469; Mr. Arif (2023 and 2024 only), $2,729,825, and $2,010,469; Mr. Murray (2024 only) $2,010,469; and Mr. Brown, $552,888, $2,729,825, and $2,010,469. (4) The amount reflects the incremental cost as a result of the modification of Mr. Ingram's 2017 performance option grant on April 19, 2022 recognized in accordance with FASB ASC Topic 718. For more information on the modification of this award, please refer to "Summary of changes to the Performance Option" in the " Compensation Discussion and Analysis " section of our 2022 proxy statement. (5) Non-Equity Incentive Plan Compensation reflects awards earned under our annual incentive bonus plan. See the table below captioned “ Grants of Plan Based Awards in 2024 ” and the “ Compensation Discussion and Analysis ” above for additional information.

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(6)