MNKD 2018 Proxy Statement

The annual total compensation for 2017 was $143,397 for our median employee and $1,581,656 for our CEO. The resulting ratio of our CEO’s pay to the pay of our median employee for 2017 is 11 to 1. We identified the median employee by examining the 2017 total compensation for all individuals, excluding our CEO, who were employed by us on December 31, 2017. We included all employees, as all our employees are US-based. In measuring the median employees’ annual total compensation, we used the same methodology as we used for our CEO. We used the actual base salary in 2017, the actual cash bonus paid in 2018 for performance in 2017, the value of the equity awards received in 2017, and the value of all other compensation, including auto allowance, contributions under the 401(k) plan and medical benefits. SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS The following table provides certain information with respect to all of our equity compensation plans in effect as of December 31, 2017. Equity Compensation Plan Information Plan Category Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights (#)(a) Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights ($)(b) Number of Securities Remaining Available for Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a) (#)(c) Equity compensation plans approved by security holders . . . . . . . . . . . . . . . . . . . 15,131,784 4.83 1,669,406 (1) Equity compensation plans not approved by security holders(2) . . . . . . . . . . . . . . . — — — (1) Includes 1,509,343 shares available for issuance under the 2013 Plan and 160,063 shares available for purchase under our Employee Stock Purchase Plan (2) As of December 31, 2017, we did not have any equity compensation plans that were not approved by our security holders. 67