Company: CYTK
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013167
Chunk: 75

Company: CYTOKINETICS INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 75
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,520 |     | 45%             |
| Ching W. Jaw(3)            |     |          $— |     |         $— |     |           $— |     |           $— |     | —               |

| (1) | Mr. Lee's commenced employment in May 2024 and the values disclosed are based on his offer letter. |

| (2) | Mr. Pletcher commenced employment in August 2024 and the values disclosed are based on his offer letter. |

| (3) | Mr. Jaw resigned effective February 23, 2024. |

| (4) | The dollar values in the table above for PSUs assume 100% achievement of the performance conditions for Milestone I and 100% achievement of the performance conditions for Milestone II. They are subject to performance conditions, which if not met, will result in forfeiture of the PSUs granted. For further information regarding the specific performance and forfeiture conditions. |

In February 2025, the Compensation Committee determined that we had achieved an overall corporate achievement level of our corporate goals under the NEIP of 110% for 2024. The Compensation Committee also determined the level of individual achievement for each named executive officer other than Mr. Blum, which includes, but is not limited to, an assessment of the individual’s performance relative to these goals. Mr. Blum’s incentive amount is based solely on the corporate achievement level. In February 2025, the Compensation Committee determined that the other named executive officers had individual achievement levels for their respective performances in 2024 as follows: Mr. Callos – 95%, Dr. Malik — 90%, Mr. Lee — 110% and Mr. Pletcher — 95%. Since Mr. Pletcher was not assigned performance goals in 2024 given the commencement of his employment in August, his performance was assessed based on his on-boarding and initial team leadership activities in the fourth quarter of 2024. The Compensation Committee determined that, based on the criteria achieved above, the NEIP award amounts payable in 2025 to our named executive officers for their 2024 performance would be as follows:

| Named Executive Officer    |     |  Non-Equity Incentive 
 Plan Compensation for 
      2024 Performance |
| Robert I. Blum             |     |              $681,079 |
| Andrew M. Callos           |     |              $269,143 |
| Sung H. Lee(1)