Company: CYTK
Filing Date: 2025-02-27
Form Type: S-3ASR
Source: 0001193125-25-039426
Chunk: 17

Company: CYTOKINETICS INC
Filing Date: 2025-02-27
Form: S-3ASR
Chunk 17
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-takeover law. In general, Section 203 prohibits a publicly held Delaware corporation from engaging in a “business combination” with an “interested stockholder” for a period of three years following the date the person became an interested stockholder, unless:

| • |     | prior to the date of the transaction, the board of directors of the corporation approved either the business 
 combination or the transaction which resulted in the stockholder becoming an interested stockholder;         |

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| • |     | the stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction                                                                                                                              
 commenced, excluding for purposes of determining the number of shares outstanding (a) shares owned by persons who are directors and also officers, and (b) shares owned by employee stock plans in which employee participants do not have the 
 right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or                                                                                                                   |

| • |     | on or subsequent to the date of the transaction, the business combination is approved by the board and authorized                                                                                      
 at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 66% of the outstanding voting stock which is not owned by the interested stockholder. |

Generally, a “business combination” includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder. An “interested stockholder” is a person who, together with affiliates and associates, owns or, within three years prior to the determination of interested stockholder status, did own 15% or more of a corporation’s outstanding voting securities. We expect the existence of this provision to have an anti-takeover effect with respect to transactions our board of directors does not approve in advance. We also anticipate that Section 203 may also discourage attempts that might result in a premium over the market price for the shares of common stock held by stockholders. Anti-Takeover Effects of Provisions of Our Charter Documents Our certificate of incorporation provides for our board of directors to be divided into three classes serving staggered terms. Approximately one-third ofthe board of directors will be elected each year. The provision for a classified board could prevent a party who acquires control of a majority of the outstanding voting stock from obtaining control of the board of directors until the second annual stockholders meeting following the date the acquirer obtains the controlling stock interest. The classified board provision could discourage a potential acquirer