Company: MYGN
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000899923-25-000028
Chunk: 111

Company: MYRIAD GENETICS INC
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 111
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 subsequently forfeits the shares, the grantee would not be entitled to any tax deduction, including as a capital loss, for the value of the shares on which the grantee previously paid tax. The grantee must file such election with the Internal Revenue Service within 30 days of the receipt of the shares. We generally will be entitled to a deduction in an amount equal to the ordinary income recognized by the grantee.

Stock Units . The grantee recognizes no income until the issuance of unrestricted shares. At that time, the grantee must generally recognize ordinary income equal to the fair market value of the shares received. We generally will be entitled to a deduction in an amount equal to the ordinary income recognized by the grantee.

Remaining Equity Award Capacity and Outstanding Grants (as of April 8, 2025)

Set forth below is the number of shares available for future issuance pursuant to the outstanding and future equity awards under the 2017 Plan and Mr. Diaz's inducement awards as of April 8, 2025.

| Overhang                                                                                                                             |     |            |
| Number of full-value awards outstanding (time or performance-based restricted stock units, at "target" for performance-based awards) |     |  5,084,138 |
| Number of shares remaining authorized to grant                                                                                       |     |    915,237 |
| Number of options outstanding                                                                                                        |     |    681,128 |
| Weighted average remaining term of outstanding options                                                                               |     |       2.35 |
| Weighted average exercise price of outstanding options                                                                               |     |     $13.38 |
| Common shares outstanding as of record date                                                                                          |     | 92,171,423 |

#### Three-Year Average Burn Rate Calculation
Our three-year burn rate was approximately 2.37% as shown in the following table.

75

|                                                          |     |       FY22 |     |       FY23 |     |       FY24 |     | Average Burn Rate |
| Options Granted                                          |     |          — |     |          — |     |          — |     |                   |
| Time-Based Restricted Stock Units Granted                |     |  1,369,468 |     |  1,765,391 |     |  1,829,820 |     |                   |
| Performance-Based Restricted Stock Units Granted(1)      |     |    893,321 |     |    624,401 |     |    830,302 |     |                   |
| Total