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Common Stock, par value $0.001 per share
XGN
The Nasdaq Global Market
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 9, 2020, the Board of Directors of Exagen Inc. (the "Company"), upon recommendation of the Compensation
Committee, approved an increase to the annual base salaries and target bonus opportunities for Fortunato Ron Rocca, the Company's President and Chief Executive Officer, and Kamal Adawi, the Company's Chief Financial Officer, effective January 1, 2020. Mr. Rocca's 2020 salary will increase from $358,182 to $475,000 and his target bonus opportunity will increase from 50% to 85% of his annual base salary. Mr. Adawi's 2020 salary will increase from $278,100 to $365,000 and his target bonus opportunity will increase from 25% to 45% of his annual base salary.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
