0001583107
2025-01-01
2025-12-31
0001583107
2024-01-01
2024-12-31
0001583107
2023-01-01
2023-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:PeoMember
2025-01-01
2025-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:PeoMember
2024-01-01
2024-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:PeoMember
2023-01-01
2023-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:NonPeoNeoMember
2025-01-01
2025-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:NonPeoNeoMember
2024-01-01
2024-12-31
0001583107
ecd:EqtyAwrdsAdjsMember
ecd:NonPeoNeoMember
2023-01-01
2023-12-31
iso4217:USD
THERAVANCE BIOPHARMA, INC.
true
<div style="width:456pt; line-height:12.5pt;"> <span style="letter-spacing:0.2pt;">employee commences employment with us. Our annual equity awards are granted on a predetermined annual schedule, and we do not take material nonpublic information into account when determining the timing and terms of equity awards. We do not grant equity awards, including stock options, in anticipation of the release of material nonpublic information and we do not time the release of material nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive compensation. Further, during the 2025 fiscal year, we did not grant any stock options to our named executive officers. </span> </div>
employee commences employment with us. Our annual equity awards are granted on a predetermined annual schedule, and we do not take material nonpublic information into account when determining the timing and terms of equity awards.
Our annual equity awards are granted on a predetermined annual schedule, and we do not take material nonpublic information into account when determining the timing and terms of equity awards. We do not grant equity awards, including stock options, in anticipation of the release of material nonpublic information and we do not time the release of material nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive compensation.
true
false
false
<div style="margin-top:15.19pt; width:456pt; line-height:12pt;font-weight:bold;">
<span style="letter-spacing:-0.2pt;">Pay-Versus-Performance</span><span style="font-weight:normal;letter-spacing:0.2pt;"> </span>
</div>
<div style="text-indent:20pt; margin-top:8pt; width:456pt; line-height:12.5pt;">
<span style="letter-spacing:0.2pt;">As required by Section 952(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and our financial performance for each of the last three completed fiscal years. In determining the “compensation actually paid” to our named executive officers (or “NEOs”), we are required to make various adjustments to amounts that have been previously reported in the Summary Compensation Table in previous years, as the SEC’s valuation methods for this disclosure differ from those required in the Summary Compensation Table. For our NEOs other than our principal executive officer (the “PEO”), compensation is reported as an average. </span>
</div>
<table style="width:456pt;height:98.5pt;margin-top:10pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:9pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt; width:74.93pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Year </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Summary <br/> Compensation <br/> Table Total <br/> for PEO</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(1)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Compensation <br/> Actually <br/> Paid to <br/> PEO</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(2)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Average <br/> Summary <br/> Compensation <br/> Table Total <br/> for Non-PEO <br/> NEOs</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(3)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Average <br/> Compensation <br/> Actually Paid to <br/> Non-PEO <br/> NEOs</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(4)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Value of <br/> Initial Fixed <br/> $100 Investment <br/> Based On <br/> Total Shareholder <br/> Return</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(5)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.167pt 0pt;"> <div style="text-align:center;"> <span style="letter-spacing:-0.16pt;">Net Income <br/> (in thousands)</span><span style=" position:relative; bottom:3.25pt;line-height:5pt;font-size:5pt;letter-spacing:-0.12pt;">(6)</span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 1.5pt 0pt; width:74.93pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">2025 </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,472,019</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">7,662,197</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,416,383</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,991,149</td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:21pt; text-align:right; white-space:nowrap;">166.76</td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:24.75pt; text-align:right; white-space:nowrap;">105,895</td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:74.93pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">2024 </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">3,995,931</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,089,290</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,466,136</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,080,541</td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:21pt; text-align:right; white-space:nowrap;">83.87</td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:24.75pt; text-align:right; white-space:nowrap;">(56,418<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:74.93pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">2023 </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">4,318,531</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">4,116,164</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,396,517</td> <td style="padding:0pt;padding-left:0.960000000000001pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,514,466</td> <td style="padding:0pt;padding-left:4.42pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:21pt; text-align:right; white-space:nowrap;">100.18</td> <td style="padding:0pt;padding-left:13.41pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:24.75pt; text-align:right; white-space:nowrap;">(55,193<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:7.8pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
<div style="margin-top:13.69pt; width:456pt;">
<div style="margin-left: 0pt; width: 108pt; margin-top: 0pt; font-size: 1pt; line-height: 0pt; border-bottom: 1pt solid #000000; "></div>
</div>
<div style=" float:left; margin-top:9.2pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(1)</span> <br/> </div>
<div style=" margin-top:9.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;"> <span style="letter-spacing:0.2pt;">Our PEO for each year reported is Rick E Winningham, our Chief Executive Officer. The dollar amounts reported in this column are the amounts of total compensation reported for Mr. Winningham in the “Total” column of the Summary Compensation Table in the applicable fiscal year. </span> </div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; line-height:12pt; margin-top:5.19pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(2)</span> <br/> </div>
<div style=" margin-top:5.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">In accordance with SEC rules, the following adjustments were made to determine the compensation actually paid to our PEO during fiscal years 2025, 2024, and 2023, which consisted solely of adjustments to the PEO’s equity awards: </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div><div style="margin-top:6pt;margin-left:69.66pt;width:456pt;">
<table style="width:436pt;height:326.5pt;margin-left:20pt;margin-top:0pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Summary Compensation Table – Total Compensation </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,472,019</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">3,995,931</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">4,318,531</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- grant date fair value of option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">0</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(2,443,500<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(3,015,100<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value at fiscal year end of outstanding and unvested option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">0</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">2,405,375</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">3,327,588</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value of outstanding and unvested option awards and stock awards granted in prior fiscal years </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">4,611,968</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(1,354,021<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(120,820<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value on vesting date of option awards and stock awards granted in the covered fiscal year that vested during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-1">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">99,753</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-2">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value as of the vesting date of option <br/> awards and stock awards granted in prior fiscal years that <br/> vested in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,578,210</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(614,247<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(394,035<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- fair value of as of prior fiscal year end of option awards and stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-3">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-4">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-5">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ dollar value of dividends or earnings paid on option awards or stock awards in the covered fiscal year prior to vesting that are not otherwise included in total compensation </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-6">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-7">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-8">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;font-style:italic;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Total Equity Adjustments (subtotal)</span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">6,190,178</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(1,906,641<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(202,367<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Compensation Actually Paid</span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">7,662,197</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">2,089,290</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">4,116,164</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; line-height:12pt; margin-top:5.19pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(3)</span> <br/> </div>
<div style=" margin-top:5.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">The non-PEO NEOs for each year reported are as follows: </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.2pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div>
<div style=" margin-top:7.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2025: Rhonda Farnum and Aine Miller </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.19pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div>
<div style=" margin-top:7.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2024: Aziz Sawaf and Brett Grimaud </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.19pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div>
<div style=" margin-top:7.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2023: Richard Graham and Aziz Sawaf </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style="margin-left:20pt; margin-top:8pt; width:436pt; line-height:12pt;">
<span style="letter-spacing:0.2pt;">The dollar amounts reported in this column represent the average of the amounts reported for the non-PEO NEOs in the “Total” column of the Summary Compensation Table in the applicable fiscal year. </span>
</div>
<div style=" float:left; line-height:12pt; margin-top:5.2pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(4)</span> <br/> </div>
<div style=" margin-top:5.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">In accordance with SEC rules, the following adjustments were made to determine the compensation actually paid on average to our non-PEO NEOs during fiscal years 2025, 2024, and 2023, which consisted solely of adjustments to the non-PEO NEOs’ equity awards: </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<table style="width:436pt;height:155.5pt;margin-left:20pt;margin-top:10pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Summary Compensation Table – Total Compensation </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,416,383</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,466,136</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,396,517</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- grant date fair value of option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(701,250<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(790,624<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(778,100<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value at fiscal year end of outstanding and unvested <br/> option awards and stock awards granted in the covered fiscal <br/> year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,403,250</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">766,982</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">913,250</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value of outstanding and unvested option awards and stock awards granted in prior fiscal years </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">754,305</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(171,990<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,097</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value on vesting date of option awards and stock awards <br/> granted in the covered fiscal year that vested during the <br/> covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-9">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-10">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">38,888</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
</div><table style="width:436pt;height:155.5pt;margin-left:20pt;margin-top:0pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:1.917pt 0pt 0.833pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value as of the vesting date of option awards and stock awards granted in prior fiscal years that vested in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">118,461</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(189,963<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(58,185<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- fair value of as of prior fiscal year end of option awards and stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-11">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-12">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-13">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ dollar value of dividends or earnings paid on option awards <br/> or stock awards in the covered fiscal year prior to vesting that <br/> are not otherwise included in total compensation </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-14">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-15">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-16">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;font-style:italic;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Total Equity Adjustments (subtotal)</span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,574,766</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(385,595<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">117,949</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Compensation Actually Paid</span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,991,149</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,080,540</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,514,466</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; line-height:12pt; margin-top:10pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">(5)</span>
<br/>
</div>
<div style=" margin-top:10pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">Cumulative total shareholder return on our ordinary shares from December 31, 2022 through December 31, 2023, December 31, 2024, and December 31, 2025, respectively. Assumes the investment of $100 on December 31, 2022 in the NASDAQ Biotechnology Index and assumes the reinvestment of dividends. </span>
</div>
<div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div>
<div style=" float:left; line-height:12pt; margin-top:3.81pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">(6)</span>
<br/>
</div>
<div style=" margin-top:3.81pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">The dollar amounts reported represent the amount of net income reflected in our audited financial statements for the applicable year. </span>
</div>
1472019
7662197
1416383
2991149
166.76
105895000
3995931
2089290
1466136
1080541
83.87
-56418000
4318531
4116164
1396517
1514466
100.18
-55193000
<div style=" float:left; margin-top:9.2pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(1)</span> <br/> </div><div style=" margin-top:9.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;"> <span style="letter-spacing:0.2pt;">Our PEO for each year reported is Rick E Winningham, our Chief Executive Officer. The dollar amounts reported in this column are the amounts of total compensation reported for Mr. Winningham in the “Total” column of the Summary Compensation Table in the applicable fiscal year. </span> </div><div style=" float:left; line-height:12pt; margin-top:5.19pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(3)</span> <br/> </div><div style=" margin-top:5.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">The non-PEO NEOs for each year reported are as follows: </span>
</div><div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.2pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div><div style=" margin-top:7.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2025: Rhonda Farnum and Aine Miller </span>
</div><div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div><div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.19pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div><div style=" margin-top:7.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2024: Aziz Sawaf and Brett Grimaud </span>
</div><div style=" float:left; margin-left:20pt; line-height:12pt; margin-top:7.19pt; margin-bottom:0pt; text-align:left; width:10pt;white-space:nowrap;">
<span style="letter-spacing:0.2pt;">•</span>
<br/>
</div><div style=" margin-top:7.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:30pt;">
<span style="letter-spacing:0.2pt;">For 2023: Richard Graham and Aziz Sawaf </span>
</div>
Rick E Winningham
<div style=" float:left; line-height:12pt; margin-top:5.19pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(2)</span> <br/> </div><div style=" margin-top:5.19pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">In accordance with SEC rules, the following adjustments were made to determine the compensation actually paid to our PEO during fiscal years 2025, 2024, and 2023, which consisted solely of adjustments to the PEO’s equity awards: </span>
</div><div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div><table style="width:436pt;height:326.5pt;margin-left:20pt;margin-top:0pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:6pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Summary Compensation Table – Total Compensation </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,472,019</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">3,995,931</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">4,318,531</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- grant date fair value of option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">0</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(2,443,500<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(3,015,100<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value at fiscal year end of outstanding and unvested option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">0</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">2,405,375</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">3,327,588</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value of outstanding and unvested option awards and stock awards granted in prior fiscal years </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">4,611,968</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(1,354,021<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(120,820<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value on vesting date of option awards and stock awards granted in the covered fiscal year that vested during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-1">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">99,753</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-2">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value as of the vesting date of option <br/> awards and stock awards granted in prior fiscal years that <br/> vested in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,578,210</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(614,247<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(394,035<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- fair value of as of prior fiscal year end of option awards and stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-3">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-4">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-5">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:257.1pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ dollar value of dividends or earnings paid on option awards or stock awards in the covered fiscal year prior to vesting that are not otherwise included in total compensation </span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-6">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-7">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-8">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;font-style:italic;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Total Equity Adjustments (subtotal)</span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">6,190,178</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(1,906,641<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">(202,367<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:257.1pt;text-align:left;"> <div style="white-space:nowrap;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Compensation Actually Paid</span> </div> </td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">7,662,197</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">2,089,290</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt; width:6pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:33pt; text-align:right; white-space:nowrap;">4,116,164</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
1472019
3995931
4318531
0
-2443500
-3015100
0
2405375
3327588
4611968
-1354021
-120820
99753
1578210
-614247
-394035
6190178
-1906641
-202367
7662197
2089290
4116164
<div style=" float:left; line-height:12pt; margin-top:5.2pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;"> <span style="letter-spacing:0.2pt;">(4)</span> <br/> </div><div style=" margin-top:5.2pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;">
<span style="letter-spacing:0.2pt;">In accordance with SEC rules, the following adjustments were made to determine the compensation actually paid on average to our non-PEO NEOs during fiscal years 2025, 2024, and 2023, which consisted solely of adjustments to the non-PEO NEOs’ equity awards: </span>
</div><div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;"></div><table style="width:436pt;height:155.5pt;margin-left:20pt;margin-top:10pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.25pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:0.2pt;">Summary Compensation Table – Total Compensation </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,416,383</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,466,136</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.25pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,396,517</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- grant date fair value of option awards and stock awards granted in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(701,250<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(790,624<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(778,100<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value at fiscal year end of outstanding and unvested <br/> option awards and stock awards granted in the covered fiscal <br/> year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,403,250</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">766,982</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">913,250</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value of outstanding and unvested option awards and stock awards granted in prior fiscal years </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">754,305</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(171,990<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,097</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.5pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ fair value on vesting date of option awards and stock awards <br/> granted in the covered fiscal year that vested during the <br/> covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-9">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-10">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">38,888</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table><table style="width:436pt;height:155.5pt;margin-left:20pt;margin-top:0pt;border-collapse: collapse;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <tr style="line-height:8pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:bold;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:8pt;"> <td style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;"> <span style="letter-spacing:-0.16pt;">Description of Adjustment </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2025 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2024 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:5pt;"></td> <td colspan="4" style="border-bottom:1px solid #000000;padding:0pt 0pt 2.5pt 0pt;"> <div style="white-space:nowrap; text-align:center;"> <span style="letter-spacing:-0.16pt;">2023 </span> </div> </td> <td style="padding:0pt;border-bottom:1px solid #FFFFFF; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:1.917pt 0pt 0.833pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ change in fair value as of the vesting date of option awards and stock awards granted in prior fiscal years that vested in the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">118,461</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(189,963<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:1.917pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(58,185<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:269.76pt;white-space:normal;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">- fair value of as of prior fiscal year end of option awards and stock awards granted in prior fiscal years that failed to meet applicable vesting conditions during the covered fiscal year </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-11">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-12">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-13">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:12pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:2.167pt 0pt 0.833pt 0pt; width:269.76pt;text-align:left;"> <div style="margin-left:10pt; text-indent:-10pt;"> <span style="letter-spacing:0.2pt;">+ dollar value of dividends or earnings paid on option awards <br/> or stock awards in the covered fiscal year prior to vesting that <br/> are not otherwise included in total compensation </span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-14">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-15">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:2.167pt 0pt 0.833pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;"><span style="-sec-ix-hidden: hidden-fact-16">—</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;font-style:italic;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Total Equity Adjustments (subtotal)</span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,574,766</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">(385,595<span style="position:absolute;">)</span></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">117,949</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> <tr style="line-height:10pt;background-color:#CCEEFF;white-space:nowrap;text-align:center;vertical-align:bottom;font-style:normal;font-weight:normal;font-variant:normal;text-transform:none;color:#000000;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <td style="padding:3.5pt 0pt 1.5pt 0pt; width:269.76pt;text-align:left;"> <div style="white-space:nowrap;font-weight:bold;"> <span style="letter-spacing:-0.2pt;">Compensation Actually Paid</span> </div> </td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">2,991,149</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,080,540</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt; width:5pt;"></td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:3.75pt; text-align:right; ">$</td> <td style="padding:3.5pt 0pt 1.5pt 0pt; min-width:30.75pt; text-align:right; white-space:nowrap;">1,514,466</td> <td style="padding:0pt;padding-left:0pt;width:0pt;"></td> <td style="padding:0pt; width:0pt;"></td> </tr> </table>
1416383
1466136
1396517
-701250
-790624
-778100
1403250
766982
913250
754305
-171990
2097
38888
118461
-189963
-58185
1574766
-385595
117949
2991149
1514466
<div style="margin-top:12pt; width:456pt; line-height:12pt;font-style:italic;font-weight:bold;">
<span style="letter-spacing:-0.2pt;">Compensation Actually Paid and Total Shareholder Return</span><span style="font-style:normal;font-weight:normal;letter-spacing:0.2pt;"> </span>
</div>
<div style="text-indent:20pt; margin-top:8pt; width:456pt; line-height:11.5pt;">
<span style="letter-spacing:0.2pt;">The following graph reflects the relationship between the PEO and average non-PEO NEO “compensation actually paid” (“CAP”), total compensation from the Summary Compensation Table (“SCT”) and our cumulative Total Shareholder Return (“TSR”), assuming an initial fixed investment on December 31, 2022 of $100, for the fiscal years ended December 31, 2025, 2024 and 2023. In addition, the SCT total compensation of our PEO and the average SCT total compensation for our non-PEO NEOs, each as disclosed in the table above, are included in the following graph as supplemental disclosures for each of the periods presented. </span>
</div>
<div style="position:relative;margin-top:9.9pt; text-align:center; width:456pt;">
<img alt="[MISSING IMAGE: bc_theravancetsr-bw.jpg]" src="bc_theravancetsr-bw.jpg" style="height: 292px; width: 581px;"/>
</div>
<div style="width:456pt; line-height:12pt;font-style:italic;font-weight:bold;font-family:Times New Roman, Times, serif ;font-size:10pt;"> <span style="letter-spacing:-0.2pt;">Compensation Actually Paid and Net Income</span><span style="font-style:normal;font-weight:normal;letter-spacing:0.2pt;"> </span> </div><div style="text-indent:20pt; margin-top:8pt; width:456pt; line-height:12pt;font-family:Times New Roman, Times, serif ;font-size:10pt;">
<span style="letter-spacing:0.2pt;">The following graph reflects the relationship between the PEO and average non-PEO NEO CAP, total compensation from the SCT and our net income (loss) for the fiscal years ended December 31, 2025, 2024 and 2023. While we are required by the SEC rules to disclose the relationship between our net income and “compensation actually paid” to our NEOs, this is not a metric our compensation committee currently uses in evaluating our NEOs’ compensation. In addition, the SCT total compensation of our PEO and the average SCT total compensation for our non-PEO NEOs, each as disclosed in the table above, are included in the following graph as supplemental disclosures for each of the periods presented. </span>
</div><div style="position:relative;margin-top:10pt; text-align:center; width:456pt;">
<img alt="[MISSING IMAGE: bc_netincome-bw.jpg]" src="bc_netincome-bw.jpg" style="height: 317px; width: 581px;"/>
</div>
DEF 14A
0001583107
false