XML 70 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Pay vs Performance Disclosure - USD ($)
 6 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table  
Year
Summary Compensation Table Total for First PEO1
$
Summary Compensation Table Total for Second PEO1
$
Summary Compensation Table Total for Third PEO1
$
Compensation Actually Paid to First PEO1,3,4,8
$
Compensation Actually Paid to Second PEO1,3,4, 8
$
Compensation Actually Paid to Third PEO1,3,4,8
$
Average Summary Compensation Table Total for Non-PEO NEOs1 $
Average Compensation Actually Paid to Non-PEO NEOs1,3,4,8 $
Value of Initial Fixed $100 Investment on June 30, 2019 Based on:Net Income $ (millions)
Revenue7 $ (millions)
Total Shareholder Return5
Peer Group Total Shareholder Return6
202312,108,359——14,201,749——4,135,8463,194,67268.90117.12-263.3753.2
202211,391,188——(4,479,782)——2,665,450(161,281)52.23109.93-112.0678.4
202112,787,669——29,789,160——2,483,0054,670,38799.35138.15-27.2690.6
2020T2
15,500,8211,816,406—21,673,1404,070,113—1,479,3282,508,32971.18143.23-53.1299.8
2020—4,203,3416,174,458—1,095,973308,7561,911,438151,22940.82123.27-199.6638.6
      
Company Selected Measure Name   Revenue      
Named Executive Officers, Footnote   The NEOs in each disclosure year represent the following individuals:
Year
First PEO
Second PEO
Third PEO
NEOs included in Average
2023Paul Diaz——R. Bryan Riggsbee, Dale Muzzey, Nicole Lambert, Mark Verratti, Samraat S. Raha
2022Paul J. Diaz——R. Bryan Riggsbee, Jerry S. Lanchbury, Ph.D., Nicole Lambert, Mark S. Verratti, and Kevin R. Haas, Ph.D.
2021Paul J. Diaz——R. Bryan Riggsbee, Jerry S. Lanchbury, Ph.D., Nicole Lambert, Mark S. Verratti
2020TPaul J. DiazR. Bryan Riggsbee—Jerry S. Lanchbury, Ph.D., Nicole Lambert, Mark S. Verratti
2020—R. Bryan RiggsbeeMark C. CaponeAlexander Ford, Jerry S. Lanchbury, Ph.D., Nicole Lambert, Bernard J. Tobin, Gary A. King
      
Peer Group Issuers, Footnote   The peer group total shareholder return represents the total shareholder return of the IXHC in line with the stock performance graph included above under the heading "2023 Fiscal Year Performance" which was also included in our Annual Report to stockholders for the year ended December 31, 2023 as required by Item 201(e) of Regulation S-K.      
Adjustment To PEO Compensation, Footnote   The table below shows the additions and deductions to calculate "compensation actually paid" for the NEOs in each fiscal year as compared to the total compensation reported in the Summary Compensation Table ("SCT").
20232022
2021
2020 Transition Period
2020
First PEO
Avg Non-PEO NEO
First PEO
Avg Non-PEO NEO
First PEO
Avg Non-PEO NEO
First PEO
Second PEO
Avg Non-PEO NEO
Second PEO
Third PEO
Avg Non-PEO NEO
Reported SCT figures
Reported SCT Total ($)12,108,3594,135,84611,391,1882,665,45012,787,6692,483,00515,500,8211,816,4061,479,3284,203,3416,174,4581,911,438
Reported SCT Stock Award Value ($)9,796,4513,299,9969,513,6611,890,1859,869,9201,649,0448,394,6281,264,5411,075,1663,461,5004,489,5001,149,312
Reported SCT Option Award Value ($)——————5,500,006—————
Equity Award Adjustments
Year-end Fair Value of Unvested Awards Granted in the Applicable Fiscal Year ($)7,979,6051,943,8215,183,465576,20010,879,5761,740,84720,066,9532,023,0261,654,2581,598,940348,705319,334
Change in Fair Value of Awards Granted in Prior Years that were Unvested as of Applicable Fiscal Year End ($)2,039,494260,459(11,226,199)(1,133,716)8,276,0361,209,889—1,428,885413,607(1,325,475)(1,941,975)(669,356)
Change in Fair Value of Awards Granted in Prior Years that Vested in the Applicable Fiscal Year ($)1,870,743154,543(314,575)(379,031)7,715,799885,690—66,33836,30280,667217,068(260,876)
Compensation Actually Paid ($)14,201,7493,194,672(4,479,782)(161,281)29,789,1604,670,38721,673,1404,070,1132,508,3291,095,973308,756151,229
      
Non-PEO NEO Average Total Compensation Amount $ 1,479,328 $ 4,135,846 $ 2,665,450 $ 2,483,005 $ 1,911,438
Non-PEO NEO Average Compensation Actually Paid Amount 2,508,329 $ 3,194,672 (161,281) 4,670,387 151,229
Compensation Actually Paid vs. Total Shareholder Return  
The charts below illustrate the relationship between compensation actually paid and the total shareholder return of Myriad and the IXHC for the periods presented which shows what the cumulative value of $100 would be, including the reinvestment of dividends, if such amount were invested on June 30, 2019.

PvP_chart1_wFNv4.jpgPvP_chart2_v4.jpg
(1) PEO data for fiscal years 2023, 2022, and 2021 represent the compensation actually paid to Mr. Diaz only in those years. 2020 transition period PEO data reflects the sum of Messrs. Diaz’s and Riggsbee's compensation actually paid in this period. PEO data for fiscal year 2020 reflects the sum of Messrs. Riggsbee's and Capone's compensation actually paid in this fiscal year. 		     
Compensation Actually Paid vs. Net Income  
The charts below illustrate the relationship between compensation actually paid and net income and revenue for the periods presented.

PvP_chart3_wFN_v4.jpgPvP_chart4_v4.jpg
PvP_chart5_wFN_v4.jpgPvP_chart6_v4.jpg
(1) PEO data for fiscal years 2023, 2022 and 2021 represent the compensation actually paid to Mr. Diaz only in those years. 2020 transition period PEO data reflects the sum of Messrs. Diaz’s and Riggsbee's compensation actually paid in this period. PEO data for fiscal year 2020 reflects the sum of Messrs. Riggsbee's and Capone's compensation actually paid in this fiscal year. 		     
Compensation Actually Paid vs. Company Selected Measure  
The charts below illustrate the relationship between compensation actually paid and net income and revenue for the periods presented.

PvP_chart3_wFN_v4.jpgPvP_chart4_v4.jpg
PvP_chart5_wFN_v4.jpgPvP_chart6_v4.jpg
(1) PEO data for fiscal years 2023, 2022 and 2021 represent the compensation actually paid to Mr. Diaz only in those years. 2020 transition period PEO data reflects the sum of Messrs. Diaz’s and Riggsbee's compensation actually paid in this period. PEO data for fiscal year 2020 reflects the sum of Messrs. Riggsbee's and Capone's compensation actually paid in this fiscal year. 		     
Tabular List, Table  
Revenue
Adjusted operating income
Adjusted earnings per share
Relative total stockholder return
Engagement score1
Customer NPS1
      
Total Shareholder Return Amount 71.18 $ 68.90 52.23 99.35 40.82
Peer Group Total Shareholder Return Amount 143.23 117.12 109.93 138.15 123.27
Net Income (Loss) $ (53,100,000) $ (263,300,000) $ (112,000,000.0) $ (27,200,000) $ (199,600,000)
Company Selected Measure Amount 299,800,000 753,200,000 678,400,000 690,600,000 638,600,000
Additional 402(v) Disclosure   Effective January 1, 2021, the Company transitioned from a fiscal year ending June 30 to December 31. Therefore, there was a six-month transition period in 2020 representing the period from July 1, 2020 to December 31, 2020. Equity values are calculated in accordance with FASB ASC Topic 718. For PSUs, the grant date fair value of PSUs used for SCT calculations assumes target performance for the 2023, 2022 and 2021 fiscal years and assumes the maximum level of performance for the 2020 transition period and 2020 fiscal year. To determine the year-end fair values used in the "compensation actually paid" calculations, we have updated the performance expectations to reflect the latest performance estimates for unvested and outstanding PSUs at each fiscal year end date. For options awards, updated market input assumptions (stock price, risk free interest rate, volatility, expected term, and future dividend yield expectations) have been used to determine the fair values of outstanding awards as of the identified vesting dates and the relevant fiscal year end dates using the Black Scholes Merton option pricing model.As required under Item 201(e) of Regulation S-K, total shareholder return measures the cumulative value of $100 invested on the last trading day before the earliest fiscal year in the table, or June 30, 2019, including the reinvestment of dividends, through and including the end of the applicable fiscal year for which total shareholder return is calculated, or June 30, 2020, December 31, 2020, December 31, 2021, December 31, 2022 and December 31, 2023, respectively. Revenue is a GAAP financial measure and does not exclude revenue from divested businesses.The compensation actually paid figures presented have been updated from the previously disclosed information in 2023. This update reflects adjustments made to accurately capture PSU target numbers in the compensation actually paid calculation. Please note that while there have been revisions to the compensation actually paid, the changes have been deemed immaterial, and the overall relationship between compensation actually paid and the company performance remains unchanged. Engagement score and Customer NPS are non-financial quantitative metrics designed to support our efforts to retain employees and improve employee engagement and enhance customer experiences.
As discussed above in our "Compensation Discussion and Analysis" section of this proxy statement, our compensation program seeks to align compensation with Company performance and reward our executive officers for their contribution to our growth, profitability and increased stockholder value. Additional details on the elements of our executive compensation program and our pay-for-performance compensation philosophy are set forth above in the "Compensation Discussion and Analysis" section. The compensation actually paid to our PEO and the other NEOs in each of the periods reported above and over the 4.5 year cumulative period shows how the compensation actually paid fluctuated year-over-year. The fluctuations in compensation actually paid were primarily due to changes in our stock price measured as of the last day of each listed period, which we believe demonstrates the "pay-for-performance" nature of our executive compensation program. As the tables above illustrate, the compensation actually paid to our PEO and the other NEOs was higher when our stock price performed well and lower when our stock price did not perform well. We believe this correlation between compensation actually paid and total shareholder return over the applicable measurement periods also shows that our performance-based equity incentives builds alignment between executive compensation and stockholder returns.
      
Measure:: 1          
Pay vs Performance Disclosure          
Name   Revenue      
Measure:: 2          
Pay vs Performance Disclosure          
Name   Adjusted operating income      
Measure:: 3          
Pay vs Performance Disclosure          
Name   Adjusted earnings per share      
Measure:: 4          
Pay vs Performance Disclosure          
Name   Relative total stockholder return      
Measure:: 5          
Pay vs Performance Disclosure          
Name   Engagement score1      
Measure:: 6          
Pay vs Performance Disclosure          
Name   Customer NPS1      
Paul J. Diaz [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 15,500,821 $ 12,108,359 $ 11,391,188 $ 12,787,669  
PEO Actually Paid Compensation Amount $ 21,673,140 $ 14,201,749 $ (4,479,782) $ 29,789,160  
PEO Name Paul J. Diaz Paul Diaz Paul J. Diaz Paul J. Diaz  
R. Bryan Riggsbee [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 1,816,406       $ 4,203,341
PEO Actually Paid Compensation Amount $ 4,070,113       $ 1,095,973
PEO Name R. Bryan Riggsbee       R. Bryan Riggsbee
Mark C. Capone [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount         $ 6,174,458
PEO Actually Paid Compensation Amount         $ 308,756
PEO Name         Mark C. Capone
PEO | Paul J. Diaz [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 20,066,953 $ 7,979,605 $ 5,183,465 $ 10,879,576  
PEO | Paul J. Diaz [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 2,039,494 (11,226,199) 8,276,036  
PEO | Paul J. Diaz [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 1,870,743 (314,575) 7,715,799  
PEO | Paul J. Diaz [Member] | Aggregate Grant Date Fair Value Of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 8,394,628 9,796,451 9,513,661 9,869,920  
PEO | Paul J. Diaz [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 5,500,006 0 0 0  
PEO | R. Bryan Riggsbee [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,023,026       $ 1,598,940
PEO | R. Bryan Riggsbee [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,428,885       (1,325,475)
PEO | R. Bryan Riggsbee [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 66,338       80,667
PEO | R. Bryan Riggsbee [Member] | Aggregate Grant Date Fair Value Of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,264,541       3,461,500
PEO | R. Bryan Riggsbee [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0       0
PEO | Mark C. Capone [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         348,705
PEO | Mark C. Capone [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         (1,941,975)
PEO | Mark C. Capone [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         217,068
PEO | Mark C. Capone [Member] | Aggregate Grant Date Fair Value Of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         4,489,500
PEO | Mark C. Capone [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount         0
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,654,258 1,943,821 576,200 1,740,847 319,334
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 413,607 260,459 (1,133,716) 1,209,889 (669,356)
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 36,302 154,543 (379,031) 885,690 (260,876)
Non-PEO NEO | Aggregate Grant Date Fair Value Of Equity Award Amounts Reported in Summary Compensation Table, Stock Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,075,166 3,299,996 1,890,185 1,649,044 1,149,312
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table, Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0