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regn:AverageYearEndFairValueOfEquityAwardsGrantedDuringYearThatRemainedUnvestedAsOfLastDayOfYearForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:AverageChangeInFairValueFromLastDayOfPriorYearToLastDayOfYearOfUnvestedEquityAwardsForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:AverageVestingDateFairValueOfEquityAwardsGrantedDuringYearThatVestedDuringYearForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:AverageChangeInFairValueFromLastDayOfPriorYearToVestingDateOfUnvestedEquityAwardsThatVestedDuringYearForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:AverageFairValueAtLastDayOfPriorYearOfEquityAwardsForfeitedDuringYearForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:AverageValueOfDividendsOrOtherEarningsPaidOnStockOrOptionAwardsNotOtherwiseIncludedForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 regn:TotalAverageInclusionOfEquityValuesForNonPEONEOsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000872589 1 2022-01-01 2022-12-31 0000872589 5 2022-01-01 2022-12-31 0000872589 2 2022-01-01 2022-12-31 0000872589 6 2022-01-01 2022-12-31 0000872589 3 2022-01-01 2022-12-31 0000872589 7 2022-01-01 2022-12-31 0000872589 4 2022-01-01 2022-12-31 iso4217:USD pure REGENERON PHARMACEUTICALS, INC. <h3 style="color: #D31B5D; font: bold 20px Arial; margin: 0px; padding: 0px">PAY VERSUS PERFORMANCE </h3>As required by Item 402(v) of Regulation S-K, the following table and accompanying footnotes and discussion provide certain information regarding executive compensation and measures of Company performance in the last three fiscal years. Except where expressly stated, the information presented below was not considered by the Compensation Committee in structuring our executive compensation program for the years presented, and the reader should instead refer to the section “Compensation Discussion and Analysis” for a description of the philosophy, objectives, and structure of our pay program.<table cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"><tr><td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:5%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:4%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:10%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%"> </td> <td colspan="3" style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:16%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:2%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:8%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:1%"> </td> </tr> <tr><td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:5%">A </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%">        B </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%">          C </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:4%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:10%">      D </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%">      E </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:6%">F </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:7%">  G </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:2%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%">      H </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:8%">  I </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:1%"> </td> </tr> <tr><td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:5%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:4%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:10%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:11%"> </td> <td colspan="3" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 16%; white-space: nowrap">Value of Initial Fixed $100 Investment Based On: </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:2%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:12%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:3%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:8%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:1%"> </td> </tr> <tr><td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 5%; white-space: nowrap"> Year </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 14%; white-space: nowrap"> Summary Compensation Table Total for PEO ($)1 </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 16%; white-space: nowrap"> Compensation “Actually Paid” to PEO ($)1,2,3 </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 13%; white-space: nowrap">Average Summary Compensation Table Total for Non-PEO NEOs ($)1 </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 14%; white-space: nowrap">Average Compensation “Actually Paid” to Non-PEO NEOs ($)1,2,3 </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 6%; white-space: nowrap">  TSR ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 9%; white-space: nowrap"> Peer Group TSR ($)4 </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 15%; white-space: nowrap"> Net Income ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 9%; white-space: nowrap">  Stock Price ($)5 </td> </tr> <tr><td style=" border-bottom:1.0px solid #575756;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:5%">2022 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">7,004,069 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">98,786,583 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:4%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:10%">8,061,639 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">32,174,465 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:6%">192.15 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:7%">153.08 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:2%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">4,338,400,000 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:8%">721.49 </td> <td style=" border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:1%"> </td> </tr> <tr><td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:5%">2021 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">6,470,514 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">123,744,652 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:4%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:10%">7,548,928 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">40,168,860 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:6%">168.19 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:7%">137.47 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:2%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">8,075,300,000 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:8%">631.52 </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:1%"> </td> </tr> <tr><td style="border-bottom: #575756 2px solid; padding-top: 3.9px; padding-bottom: 2.6px; white-space: nowrap; width: 5%">2020 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">135,350,121 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">153,035,522 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:4%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:10%">40,058,597 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:11%">48,557,559 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:6%">128.66 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:7%">110.52 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:2%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:12%">3,513,200,000 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:3%"> </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:8%">483.11 </td> <td style=" border-bottom:2.0px solid #575756;padding-top:6.5px;padding-bottom:3.9px;vertical-align:top; width:1%"> </td> </tr> <tr><td colspan="15" style="vertical-align:top; width:100%"><div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">1</div> Leonard S. Schleifer, M.D., Ph.D. was our principal executive officer (“PEO”) for each year presented. George D. Yancopoulos, M.D., Ph.D., Robert E. Landry, Daniel P. Van Plew, and Andrew J. Murphy, Ph.D. comprise the non-PEO named executive officers (“Non-PEO NEOs”) for 2020; and each of these officers and Joseph J. LaRosa and Marion McCourt comprise the Non-PEO NEOs for 2021 and 2022, respectively. </div> <div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">2</div> The amounts shown for “Compensation “Actually Paid”” have been calculated in accordance with Item 402(v) of Regulation S K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect total compensation as reported in the Summary Compensation Table with certain adjustments as described in footnote 3 below. </div> <div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">3</div> “Compensation “Actually Paid”” reflects the exclusions and inclusions of equity awards for the PEO and the Non-PEO NEOs as set forth below and calculated in accordance with FASB ASC Topic 718 using the valuation methodologies and assumptions set forth in the calculation of the grant date fair value of these awards as disclosed in the Company’s audited financial statements for the fiscal year in which the equity awards were granted. </div> <div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; "/> The “Exclusion of Stock Awards and Option Awards from Summary Compensation Table” columns in the tables below reflect the aggregate amounts reported in the Summary Compensation Table for the applicable year in the “Stock Awards” and “Option Awards” columns. </div> </td> <td style="vertical-align:top; width:1%"><div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; "/> </div> </td> </tr> </table><table style="border-collapse: collapse; width: 100%"><tr><td style="vertical-align: bottom; white-space: nowrap"> </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> Year </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> Summary Compensation Table Total for PEO ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Exclusion of Stock Awards and Option Awards from Summary Compensation Table for PEO ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> Inclusion of Item 402(v) Equity Award Values for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> Compensation “Actually Paid” to PEO ($) </td> <td style="vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr><td style="vertical-align: top; width: 18pt"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2022 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 15%">7,004,069 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 15%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 15%">91,782,514 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 7%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 9%">98,786,583 </td> <td style="vertical-align: top; width: 1%"> </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2021 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">6,470,514 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">117,274,138 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">123,744,652 </td> <td style="vertical-align: top"> </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2020 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">135,350,121 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">(130,000,032) </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">147,685,433 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">153,035,522 </td> <td style="vertical-align: top"> </td> </tr> </table><table style="border-collapse: collapse; width: 100%"><tr><td style="vertical-align: bottom; white-space: nowrap"> </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> Year </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap"> </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Average Summary Compensation Table Total for Non-PEO NEOs ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Exclusion of Stock Awards and Option Awards from Summary Compensation Table for Non-PEO NEOs ($) </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Inclusion of Item 402(v) Equity Award Values for Non-PEO NEOs($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Average Compensation “Actually Paid” to Non-PEO NEOs ($) </td> <td style="vertical-align: bottom; white-space: nowrap"> </td> </tr> <tr><td style="vertical-align: top; width: 18pt"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2022 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 15%">8,061,639 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 15%">(5,359,485) </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 8%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 15%">29,472,311 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 7%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top; width: 9%">32,174,465 </td> <td style="vertical-align: top; width: 1%"> </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2021 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">7,548,928 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">(4,871,307) </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">37,491,239 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">40,168,860 </td> <td style="vertical-align: top"> </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2020 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">40,058,597 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">(37,659,674) </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">46,158,636 </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px; vertical-align: top">48,557,559 </td> <td style="vertical-align: top"> </td> </tr> </table><table cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"><tr><td style="vertical-align:top; width:100%"><div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; "/> The “Inclusion of Item 402(v) Equity Award Values” columns in the tables above are derived from the dollar values set forth in the following tables: </div> </td> </tr> </table><table style="border-collapse: collapse; width: 100%"><tr><td style="vertical-align: bottom; white-space: nowrap"> </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom">Year </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Total - Inclusion of Equity Values for PEO ($) </td> </tr> <tr><td style="vertical-align: top; width: 18pt"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2022 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 6%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%"> 85,439,496 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 12%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 11%"> 6,343,018 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 10%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 11%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%"> 91,782,514 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2021 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 103,743,322 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 13,530,815 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 117,274,138 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2020 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">130,000,012 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 10,518,426 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 7,166,994 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 147,685,433 </td> </tr> </table><table style="border-collapse: collapse; width: 100%"><tr><td style="vertical-align: bottom; width: 18pt; white-space: nowrap"> </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom">Year </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 13%; white-space: nowrap">Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 14%; white-space: nowrap">Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 13%; white-space: nowrap">Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 12%; white-space: nowrap">Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 10%; white-space: nowrap">Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 12%; white-space: nowrap">Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Non-PEO NEOs ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; width: 14%; white-space: nowrap">Total—Average Inclusion of Equity Values for Non-PEO NEOs ($) </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2022 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 5,298,332 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 20,772,973 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">3,401,006 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">29,472,311 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2021 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 4,742,911 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 26,554,774 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">6,193,555 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">37,491,239 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2020 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 37,311,859 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 5,691,658 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">3,155,119 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">46,158,636 </td> </tr> <tr><td colspan="9" style="vertical-align: top"><div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">4</div> The Peer Group TSR shown in this table utilizes the NASDAQ US Benchmark Pharmaceuticals Total Return Index (“NQ US Pharma Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Reports on Form 10-K for the years reflected in the table above. The comparison assumes $100 was invested for the period starting December 31, 2019 through December 31 of the applicable fiscal year in each of the Company’s common stock and the NQ US Pharma Index. All dollar values assume reinvestment of the pre-tax value of dividends paid by companies included in the NQ US Pharma Index. The historical stock price performance of our common stock shown is not necessarily indicative of future stock price performance. </div> <div style=" color:#000000; font-family:Arial; font-size:13px;margin:0px;margin-top:4px;padding:0px;"><div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">5</div> Pursuant to Item 402(v) of Regulation S-K, we determined our stock price to be the most important financial performance measure used to link Company performance to Compensation “Actually Paid” to our PEO and other NEOs in 2022. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important such measure in future years. </div> </td> </tr> </table> Stock Price 7004069 98786583 8061639 32174465 192.15 153.08

4338400000

721.49 6470514 123744652 7548928 40168860 168.19 137.47

8075300000

631.52 135350121 153035522 40058597 48557559 128.66 110.52

3513200000

483.11 <div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">1</div> Leonard S. Schleifer, M.D., Ph.D. was our principal executive officer (“PEO”) for each year presented. George D. Yancopoulos, M.D., Ph.D., Robert E. Landry, Daniel P. Van Plew, and Andrew J. Murphy, Ph.D. comprise the non-PEO named executive officers (“Non-PEO NEOs”) for 2020; and each of these officers and Joseph J. LaRosa and Marion McCourt comprise the Non-PEO NEOs for 2021 and 2022, respectively. Leonard S. Schleifer, M.D., Ph.D. 0 91782514 0 117274138 -130000032 147685433 -5359485 29472311 -4871307 37491239 -37659674 46158636 <table style="border-collapse: collapse; width: 100%"><tr><td style="vertical-align: bottom; white-space: nowrap"> </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom">Year </td> <td colspan="2" style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for PEO ($) </td> <td style="border-bottom: #245ba7 2px solid; padding-top: 3.9px; padding-bottom: 5.2px; vertical-align: bottom; white-space: nowrap">Total - Inclusion of Equity Values for PEO ($) </td> </tr> <tr><td style="vertical-align: top; width: 18pt"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2022 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 6%"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%"> 85,439,496 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 12%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 11%"> 6,343,018 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 10%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 11%">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top; width: 13%"> 91,782,514 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2021 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 103,743,322 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 13,530,815 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="background-color: #f2f2f2; border-top: #f2f2f2 1px solid; border-right: #f2f2f2 1px solid; border-bottom: #575756 1px solid; border-left: #f2f2f2 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 117,274,138 </td> </tr> <tr><td style="vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 3.9px; padding-bottom: 2.6px">2020 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">130,000,012 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 10,518,426 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 7,166,994 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top">0 </td> <td style="border-bottom: #575756 1px solid; padding-top: 6.5px; padding-bottom: 3.9px; vertical-align: top"> 147,685,433 </td> </tr> </table> 0 85439496 0 6343018 0 0 91782514 0 103743322 0 13530815 0 0 117274138 130000012 10518426 0 7166994 0 0 147685433 Year Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($) Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($) Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($) Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($) Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($) Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Non-PEO NEOs ($) Total—Average Inclusion of Equity Values for Non-PEO NEOs ($) 2022 5,298,332 20,772,973 0 3,401,006 0 0 29,472,311 2021 4,742,911 26,554,774 0 6,193,555 0 0 37,491,239 2020 37,311,859 5,691,658 0 3,155,119 0 0 46,158,636 5298332 20772973 0 3401006 0 0 29472311 4742911 26554774 0 6193555 0 0 37491239 37311859 5691658 0 3155119 0 0 46158636 <div style=" color:#245ba7; font-family:Arial; font-size:13px; float:left; display:inline;margin:0px;margin-right:2px;padding:0px; ">4</div> The Peer Group TSR shown in this table utilizes the NASDAQ US Benchmark Pharmaceuticals Total Return Index (“NQ US Pharma Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Reports on Form 10-K for the years reflected in the table above. The comparison assumes $100 was invested for the period starting December 31, 2019 through December 31 of the applicable fiscal year in each of the Company’s common stock and the NQ US Pharma Index. All dollar values assume reinvestment of the pre-tax value of dividends paid by companies included in the NQ US Pharma Index. The historical stock price performance of our common stock shown is not necessarily indicative of future stock price performance. <h4 style="color: #245BA7; font: bold 16px Arial; margin: 0px 0px 10px; padding: 0px; margin-bottom: 10px">Description of Relationship Between NEO Compensation “Actually Paid” and Company Total Shareholder Return (“TSR”) </h4>The following chart sets forth the relationship between Compensation “Actually Paid” to our PEO, the average of Compensation “Actually Paid” to our Non-PEO NEOs, each as set forth in the Table above, and the Company’s cumulative TSR over the three-year period from 2020 through 2022.PEO and Average NEO Compensation “Actually Paid” Versus Regeneron TSR, 2020-2022 <div style="text-align: center"><img alt="" src="im3419832537n1790016278.jpg"/></div> <h4 style="color: #245BA7; font: bold 16px Arial; margin: 0px 0px 10px; padding: 0px; margin-bottom: 10px">Description of Relationship Between NEO Compensation “Actually Paid” and Net Income </h4>The following chart sets forth the relationship between Compensation “Actually Paid” to our PEO, the average of Compensation “Actually Paid” to our Non-PEO NEOs, and our net income during years 2020 through 2022, each as set forth in the table above.PEO and Average NEO Compensation “Actually Paid” Versus Regeneron Net Income, 2020-2022 <img alt="" src="im1074360070x325579564.jpg"/> <h4 style="text-align: left; color: #245BA7; font: bold 16px Arial; margin: 0px 0px 10px; padding: 0px; margin-bottom: 10px">Description of Relationship Between NEO Compensation” Actually Paid” and Stock Price </h4>The following chart sets forth the relationship between Compensation “Actually Paid” to our PEO, the average of Compensation “Actually Paid” to our Non-PEO NEOs, and the closing price of our common stock on the last trading day of years 2020 through 2022, each as set forth in the table above.PEO and Average NEO Compensation “Actually Paid” Versus Regeneron Stock Price, 2020-2022 <img alt="" src="im345612154n1881466319.jpg"/> <h4 style="color: #245BA7; font: bold 16px Arial; margin: 0px 0px 10px; padding: 0px; margin-bottom: 10px">Description of Relationship Between Company TSR and Peer Group TSR </h4>The following chart compares our cumulative TSR over the three-year period from 2020 through 2022 to that of the NQ US Pharma Index over the same time period.Comparison of Regeneron Cumulative TSR to the NQ US Pharma Total Return Index, 2020-2022 <img alt="" src="im2526619618x1849357357.jpg"/> <h4 style="text-align: left; color: #245BA7; font: bold 16px Arial; margin: 0px 0px 10px; padding: 0px; margin-bottom: 10px">2022 Tabular List of Most Important Financial and Non-Financial Performance Measures </h4>The following table presents the financial and non-financial performance measures that the Company considers to have been the most important in linking Compensation “Actually Paid” to our PEO and our Non-PEO NEOs in 2022 to Company performance. The measures in this table are not ranked.<table cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"><tr><td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:50%"> </td> <td style=" border-bottom:2.0px solid #245ba7;padding-top:3.9px;padding-bottom:5.2px;vertical-align:bottom; width:50%"> </td> </tr> <tr><td style=" border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">Stock Price </td> <td style=" border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">Regulatory submissions for new products or indications </td> </tr> <tr><td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">TSR </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">Positive data readouts </td> </tr> <tr><td style=" border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">Non-GAAP diluted EPS </td> <td style=" border-bottom:1.0px solid #000000;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">New Investigational New Drug Applications </td> </tr> <tr><td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #245ba7;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%">Approvals of new products or indications </td> <td style="background-color:#f2f2f2; border:1px solid #f2f2f2; border-bottom:1.0px solid #245ba7;padding-top:3.9px;padding-bottom:2.6px;vertical-align:center; width:50%"> </td> </tr> </table> Stock Price Regulatory submissions for new products or indications TSR Positive data readouts Non-GAAP diluted EPS New Investigational New Drug Applications Approvals of new products or indications false DEF 14A 0000872589 5Pursuant to Item 402(v) of Regulation S-K, we determined our stock price to be the most important financial performance measure used to link Company performance to Compensation “Actually Paid” to our PEO and other NEOs in 2022. This performance measure may not have been the most important financial performance measure for years 2021 and 2020 and we may determine a different financial performance measure to be the most important such measure in future years. 1Leonard S. Schleifer, M.D., Ph.D. was our principal executive officer (“PEO”) for each year presented. George D. Yancopoulos, M.D., Ph.D., Robert E. Landry, Daniel P. Van Plew, and Andrew J. Murphy, Ph.D. comprise the non-PEO named executive officers (“Non-PEO NEOs”) for 2020; and each of these officers and Joseph J. LaRosa and Marion McCourt comprise the Non-PEO NEOs for 2021 and 2022, respectively. 2The amounts shown for “Compensation “Actually Paid”” have been calculated in accordance with Item 402(v) of Regulation S K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect total compensation as reported in the Summary Compensation Table with certain adjustments as described in footnote 3 below. 3“Compensation “Actually Paid”” reflects the exclusions and inclusions of equity awards for the PEO and the Non-PEO NEOs as set forth below and calculated in accordance with FASB ASC Topic 718 using the valuation methodologies and assumptions set forth in the calculation of the grant date fair value of these awards as disclosed in the Company’s audited financial statements for the fiscal year in which the equity awards were granted.The “Exclusion of Stock Awards and Option Awards from Summary Compensation Table” columns in the tables below reflect the aggregate amounts reported in the Summary Compensation Table for the applicable year in the “Stock Awards” and “Option Awards” columns. Year Summary Compensation Table Total for PEO ($)Exclusion of Stock Awards and Option Awards from Summary Compensation Table for PEO ($) Inclusion of Item 402(v) Equity Award Values for PEO ($) Compensation “Actually Paid” to PEO ($) 2022 7,004,069 0 91,782,514 98,786,583 2021 6,470,514 0 117,274,138 123,744,652 2020 135,350,121 (130,000,032) 147,685,433 153,035,522 Year Average Summary Compensation Table Total for Non-PEO NEOs ($)Exclusion of Stock Awards and Option Awards from Summary Compensation Table for Non-PEO NEOs ($)Inclusion of Item 402(v) Equity Award Values for Non-PEO NEOs($)Average Compensation “Actually Paid” to Non-PEO NEOs ($) 2022 8,061,639 (5,359,485) 29,472,311 32,174,465 2021 7,548,928 (4,871,307) 37,491,239 40,168,860 2020 40,058,597 (37,659,674) 46,158,636 48,557,559 The “Inclusion of Item 402(v) Equity Award Values” columns in the tables above are derived from the dollar values set forth in the following tables: YearYear-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO ($)Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO ($)Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($)Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO ($)Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO ($)Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for PEO ($)Total - Inclusion of Equity Values for PEO ($) 20220 85,439,4960 6,343,01800 91,782,514 20210 103,743,3220 13,530,81500 117,274,138 2020130,000,012 10,518,4260 7,166,99400 147,685,433 YearAverage Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($)Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs ($)Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($)Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs ($)Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs ($)Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Non-PEO NEOs ($)Total—Average Inclusion of Equity Values for Non-PEO NEOs ($) 2022 5,298,332 20,772,97303,401,0060029,472,311 2021 4,742,911 26,554,77406,193,5550037,491,239 2020 37,311,859 5,691,65803,155,11900 46,158,636 4 The Peer Group TSR shown in this table utilizes the NASDAQ US Benchmark Pharmaceuticals Total Return Index (“NQ US Pharma Index”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Reports on Form 10-K for the years reflected in the table above. The comparison assumes $100 was invested for the period starting December 31, 2019 through December 31 of the applicable fiscal year in each of the Company’s common stock and the NQ US Pharma Index. All dollar values assume reinvestment of the pre-tax value of dividends paid by companies included in the NQ US Pharma Index. The historical stock price performance of our common stock shown is not necessarily indicative of future stock price performance.