Paul J. Diaz - Sep 23, 2021 Form 4 Insider Report for MYRIAD GENETICS INC (MYGN)

Role: President and CEO, Director
Signature: By: Nathan A. Smith For: Paul J. Diaz
Stock symbol: MYGN
Transactions as of: Sep 23, 2021
Transactions value $: -$1,716,796
Form type: 4
Date filed: 9/27/2021, 07:39 PM
Previous filing: Aug 17, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MYGN	Common Stock	Award	$0	+445K	+111.35%	$0.00	845K	Sep 23, 2021	Direct	F1
transaction	MYGN	Common Stock	Tax liability	-$1.72M	-49.4K	-5.84%	$34.76	796K	Sep 23, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of performance-based restricted stock units (PSUs) initially granted on October 8, 2020, subject to accomplishment of pre-determined performance metrics. On September 23, 2021, the Board of Directors determined the final award amount based on the accomplishment of the applicable performance metrics. Each PSU represents a contingent right to receive one share of the Company's common stock, and vests 25% on September 23, 2021, and the remaining seventy-five percent (75%) of the earned PSUs will vest in three (3) installments of 25% each on the following dates: August 13, 2022, August 13, 2023, and August 13, 2024.
F2	Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units granted to the reporting person. The number of shares of Myriad common stock withheld was determined based on the closing price of Myriad common stock on September 23, 2021.

Content

Consists of performance-based restricted stock units (PSUs) initially granted on October 8, 2020, subject to accomplishment of pre-determined performance metrics. On September 23, 2021, the Board of Directors determined the final award amount based on the accomplishment of the applicable performance metrics. Each PSU represents a contingent right to receive one share of the Company's common stock, and vests 25% on September 23, 2021, and the remaining seventy-five percent (75%) of the earned PSUs will vest in three (3) installments of 25% each on the following dates: August 13, 2022, August 13, 2023, and August 13, 2024.

Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units granted to the reporting person. The number of shares of Myriad common stock withheld was determined based on the closing price of Myriad common stock on September 23, 2021.