Seer reprices ~7.9M underwater options to $2.00; CEO/CFO affected

Seer, Inc.

Board approved repricing of ~7.9M underwater options (original strike $2.08-$60.15) to $2.00 per share.
CEO Omid Farokhzad repriced options on 2,732,470 shares; CFO David Horn on 1,140,454 shares.
Performance-based options with $6.89 hurdle amended to $3.00 (150% of $2.00) for 790,000 shares.
Repriced options have retention period through Apr 4, 2026; early exercise triggers original premium price.
Board decided no additional equity awards in 2025 to executive officers SVP and above.

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