Exelixis, Inc. Executive Compensation Disclosure for 2008–2009
This document from Exelixis, Inc. outlines the actual cash bonuses paid to its named executive officers for 2008, as well as their base salaries and target bonus percentages for 2009. The officers listed include the principal executive and financial officers, among others. The table specifies each executive's 2008 bonus (to be paid in March 2009), 2009 annual base salary, and the percentage of base salary set as their target cash bonus for 2009.
Exhibit 10.1
COMPENSATION INFORMATION FOR NAMED EXECUTIVE OFFICERS
The table below provides information regarding the 2008 actual cash bonus amount and the 2009 base salary and target cash bonus amount for each “named executive officer” of Exelixis, Inc.
| Named Executive Officer | 2008 Actual Cash Bonus(1) | 2009 Annual Base Salary | 2009 Target Cash Bonus (% of 2009 Base Salary) | ||||||
| George Scangos (principal executive officer) | $ | 255,000 | $ | 850,000 | 60 | % | |||
| Michael Morrissey | $ | 121,157 | $ | 484,629 | 50 | % | |||
| Frank Karbe (principal financial officer) | $ | 92,689 | $ | 411,950 | 45 | % | |||
| Pamela Simonton | $ | 90,112 | $ | 372,128 | 45 | % | |||
| Gisela Schwab | $ | 90,956 | $ | 404,250 | 45 | % | |||
| (1) | To be paid in March 2009. |
