Company: VCYT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001384101-25-000051
Chunk: 71

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 71
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 and upon the certification of achievement of the performance metric for the performance period ending December 31, 2024 (the “2024 Tranche”) and the continued service of the applicable executive. The 2022 PSUs vest between 75% and 125% of the total grant based on the achievement of the performance metrics. The 2024 Tranche was earned at 118.8% of target achievement and the resulting PSUs are included under the column titled “Number of Shares or Units of Stock That Have Not Vested”; they vested in February 2025.

(6) For the 2023 PSUs, 40% of the total number of PSUs were eligible to be earned and vest subject to and upon certification of achievement of the performance metric for the performance period ending December 31, 2024 (the “2024 Tranche”) and 60% of the total number of PSUs will vest subject to and upon the certification of achievement of the performance metric for the performance period ending December 31, 2025 (the “2025 Tranche”) and the continued service of the applicable executive. The 2023 PSUs vest between 75% and 150% of the total grant based on the achievement of the performance metrics. The 2024 Tranche was earned at 143.8% of target achievement and the resulting PSUs are included under the column titled “Number of Shares or Units of Stock That Have Not Vested”; they vested in February 2025. The performance period for the 2025 Tranche has not yet concluded and such PSUs are reflected at the overall maximum performance level under the column titled “Equity Incentive Plan Awards: Number of Unearned Shares or Units of Stock That Have Not Vested.”

(7) For the 2024 PSUs, 40% of the total number of PSUs will vest subject to and upon certification of achievement of the performance metric for the performance period ending December 31, 2025 and 60% of the total number of PSUs will vest subject to and upon the certification of achievement of the performance metric for the performance period ending December 31, 2026 and the continued service of the applicable executive. The 2024 PSUs vest between 75% and 150% of the total grant based on the achievement of the performance metrics. The performance period for the 2024 PSUs have not yet concluded and such PSUs are reflected at the overall threshold performance levels under the column titled