Company: SRPT
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0000950170-25-058003
Chunk: 29

Company: Sarepta Therapeutics, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 29
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 rate (3)                             |     |      |  1.4 | % |     |      |  2.2 | % |     |      |  2.5 | % |     |                |  2.0 | % |
| Dilution at fiscal year end (4)               |     |      | 16.5 | % |     |      | 18.7 | % |     |      | 18.9 | % |     |                | 18.1 | % |
| Overhang at fiscal year end (5)               |     |      | 12.0 | % |     |      | 12.6 | % |     |      | 12.5 | % |     |                | 12.3 | % |

(1) Reflects total number of shares subject to equity awards granted during the fiscal year under the 2018 Plan, the 2014 Employment Commencement Incentive Plan and the 2024 Employment Commencement Incentive Plan or otherwise as inducement awards and excludes the impact of any cancelled or forfeited equity awards. Does not include awards under the 2016 ESPP (see Proposal 4). (2) Gross burn rate is calculated by dividing the total number of shares subject to equity awards granted during the fiscal year by the total basic weighted-average number of shares outstanding during the period, and excludes the impact of any cancelled or forfeited equity awards. (3) Net burn rate is calculated by dividing the total number of shares subject to equity awards granted during the fiscal year by the total basic weighted-average number of shares outstanding during the period, and takes into account any cancelled or forfeited equity awards. (4) Dilution is calculated by dividing the sum of (x) the number of shares subject to equity awards outstanding at the end of the fiscal year and (y) the number of shares available for future grants, by the number of shares outstanding at the end of the fiscal year. (5) Overhang is calculated by dividing the number of shares subject to equity awards outstanding at the end of the fiscal year by the number of shares outstanding at the end of the fiscal year. Background for Current Request to Increase the Share Reserve Summary of the 2018 Plan The full text of the amendment to the 2018 Plan is set forth in Appendix A to this proxy statement. The full text of the 2018 Plan is set forth as Exhibit 10.1 to our Quarterly Report