Company: VCYT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001384101-25-000051
Chunk: 33

Company: VERACYTE, INC.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 33
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 us to continue to achieve these objectives.

#### 32Veracyte2025 Proxy Statement

#### Proposal Five

#### Share Increase
As discussed above, we are requesting approval of an increase of 2,500,000 shares for the 2023 Plan to cover anticipated equity awards, such as those for new hires, refresh awards, potential special retention needs, merger and acquisition activities, and non-employee director grants.

If approved by our stockholders, the Plan Amendment will be effective on the date of stockholder approval. We intend to register the additional shares authorized under the 2023 Plan under the Securities Act. If our stockholders do not approve the Plan Amendment, the 2023 Plan will continue without amendment.

Summary of the 2023 Plan

The following is a summary of the principal features of the 2023 Plan, and reflects the proposed Plan Amendment. This summary, however, does not purport to be a complete description of all of the provisions of the 2023 Plan. It is qualified in its entirety by reference to the full text of the 2023 Plan, as proposed to be amended, a copy of which is attached hereto as Appendix A .

#### Background; Purpose
The 2023 Plan was adopted by our Board of Directors on April 12, 2023, and became effective on June 8, 2023 (the “Effective Date”), the date it was approved by our stockholders, and will terminate 10 years after the date approved by our Board of Directors. The purpose of the 2023 Plan is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to our success.

#### Eligibility
Employees, officers, directors, consultants, independent contractors and advisors of Veracyte or any parent, subsidiary or affiliate of Veracyte are eligible to receive awards. As of March 31, 2025, we had five executive officers (as such term is defined under Rule 16a-1(f)), eight non-employee directors, and approximately 824 other employees and 139 other service providers who would be eligible to participate in the 2023 Plan.

#### Administration
The 2023 Plan will be administered by the Compensation Committee, all of the members of which are non-employee directors under applicable federal securities laws and outside directors as defined under applicable federal tax laws. The Compensation Committee will act as the plan administrator and have the authority to construe and interpret the 2023 Plan, grant awards, determine the terms and