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Remuneration System for the Management Board and Employees of the Group (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Summary of Development of Stock Options
The table below shows the development of the stock option plans in the financial year 2023.
April 2017 Stock Option PlanApril 2018 Stock Option PlanApril 2019 Stock Option PlanOctober 2019 Stock Option PlanApril 2020 Stock Option PlanOctober 2021 Stock Option Plan
Outstanding on January 1, 202368,305 63,127 68,641 57,078 95,275 125,135 
Granted
Adjustment due to Performance Criteria(48,706)(24,543)
Exercised
Forfeited(384)(17,918)
Expired
Outstanding on December 31, 202368,305 63,127 19,935 32,535 94,891 107,217 
Exercisable on December 31, 202368,305 63,127 19,935 32,535 
Weighted-average Exercise Price (€)55.52 81.04 87.86 106.16 93.66 44.91 
Summary of Fair Value of Stock Options The parameters and fair value of each program are listed in the table below.
April 2019 Stock Option PlanOctober 2019 Stock Option PlanApril 2020 Stock Option PlanOctober 2021 Stock Option Plan
Share Price on Grant Date in €85.00 98.10 94.90 40.75 
Exercise Price in €87.86 106.16 93.66 44.91 
Expected Volatility of the MorphoSys share in %37.76 38.02 39.86 40.51 
Expected Volatility of the Nasdaq Biotech Index in %18.61 18.17 25.32 24.95 
Expected Volatility of the TecDAX Index in %26.46 24.82 20.48 22.17 
Performance Term of Program in Years4444
Dividend Yield in %n/an/an/an/a
Risk-free Interest Rate in %
between 0.02
and 0.13
between 0.00
and 0.02
between (0.55)
and (0.83)
between (0.70) and (0.22)
Fair Value on Grant Date in €31.81 35.04 38.20 16.67 
Summary of Development of the LTI plans
The table below shows the development of the LTI plans in the financial year 2023.
April 2019 Long-Term Incentive Program
Outstanding on January 1, 202318,821 
Granted
Adjustment due to Performance Criteria(6,526)
Exercised(12,295)
Forfeited
Expired
Outstanding on December 31, 2023
Exercisable on December 31, 2023
Weighted-average Exercise Price (€)n/a
Summary of Fair Value of LTI Plans The parameters and the fair value of each program are listed in the table below.
April 2019 Long-Term Incentive Program
Share Price on Grant Date in €85.00 
Exercise Price in €n/a
Expected Volatility of the MorphoSys share in %37.76 
Expected Volatility of the Nasdaq Biotech Index in %18.61 
Expected Volatility of the TecDAX Index in %26.46 
Performance Term of Program in Years4
Dividend Yield in %n/a
Risk-free Interest Rate in %
between
0.02 and 0.13
Fair Value on Grant Date in €106.85 
Summary of Development of RSU Plans
The table below shows the development of the performance shares under the MorphoSys RSU Plans in the financial year 2023.
MorphoSys US Inc. – April 2021 Restricted Stock Unit PlanMorphoSys US Inc. – October 2021 Restricted Stock Unit PlanMorphoSys US – June 2022 Restricted Stock Unit PlanMorphoSys US - October 2022 Restricted Stock Unit PlanMorphoSys US – April 2023 Restricted Stock Unit PlanMorphoSys US Inc. – October 2023 Restricted Stock Unit Plan
Outstanding on January 1, 202318,900 27,676 331,083 38,339 00
Granted494,979 26,606 
Exercised
Forfeited(3,639)(2,738)(65,179)(8,115)(53,646)
Expired
Outstanding on December 31, 202315,261 24,938 265,904 30,224 441,333 26,606 
Exercisable on December 31, 2023
Weighted-average Exercise Price (€)n/an/an/an/an/an/a
Summary of Development of Cash-settled Programs
The table below shows the development of the Performance Share Unit Programs and the Restricted Stock Unit Plans in the financial year 2023.
MorphoSys US Inc. – April 2020 Restricted Stock Unit PlanMorphoSys US Inc. – October 2020 Restricted Stock Unit PlanApril 2020 Performance Share Unit ProgramJune 2020 Performance Share Unit ProgramApril 2021 Performance Share Unit Program
Outstanding on January 1, 202311,597 3,232 24,453 8,361 99,549 
Granted
Exercised(10,719)(2,628)
Forfeited(878)(604)(98)(1,785)
Expired
Outstanding on December 31, 202324,355 8,361 97,764 
Exercisable on December 31, 2023
Weighted-average Exercise Price (€)n/an/an/an/an/a
October 2021 Performance Share Unit ProgramJune 2022 Performance Share Unit ProgramOctober 2022 Performance Share Unit ProgramApril 2023 Performance Share Unit ProgramOctober 2023 Performance Share Unit Program
Outstanding on January 1, 20234,373 609,869 40,414 
Granted982,783 40,086 
Exercised
Forfeited(47,724)(1,828)(38,413)
Expired
Outstanding on December 31, 20234,373 562,145 38,586 944,370 40,086 
Exercisable on December 31, 2023
Weighted-average Exercise Price (€)n/an/an/an/an/a
Summary of Fair Value of Cash-settled Programs The parameters and the fair value of each program are listed in the table below.
April 2020 Performance Share Unit ProgramJune 2020 Performance Share Unit ProgramApril 2021 Performance Share Unit ProgramOctober 2021 Performance Share Unit Program
Share Price in € on December 31, 202334.00 34.00 34.00 34.00 
Exercise Price in €n/an/an/an/a
Expected Volatility of the MorphoSys share in %76.43 76.43 79.21 73.66 
Expected Volatility of the EURO STOXX Total Market Pharmaceuticals & Biotechnology Index in %19.14 19.14 18.66 18.38 
Remaining Performance Term of Program in Years0.250.421.251.75
Dividend Yield in %n/an/an/an/a
Risk-free Interest Rate in %3.56 3.51 2.93 2.55 
Fair Value on December 31, 2023, in €0.01 1.77 15.55 22.82 
June 2022 Performance Share Unit ProgramOctober 2022 Performance Share Unit ProgramApril 2023 Performance Share Unit ProgramOctober 2023 Performance Share Unit Program
Share Price in € on December 31, 2023Share Price in € on 34.00 34.00 34.00 34.00 
Exercise Price in €n/an/an/an/a
Expected Volatility of the MorphoSys share in %65.29 62.92 59.28 57.35 
Expected Volatility of the EURO STOXX Total Market Pharmaceuticals & Biotechnology Index in %17.67 16.94 17.71 17.93 
Remaining Performance Term of Program in Years2.422.753.253.75
Dividend Yield in %n/an/an/an/a
Risk-free Interest Rate in %2.32 2.29 2.22 2.13 
Fair Value on December 31, 2023, in €Fair Value on , in €24.64 22.83 21.03 25.28 
Summary of Shares of Related Parties
Shares
1/1/2023AdditionsSales12/31/2023
Management Board
Jean-Paul Kress, M.D.
Sung Lee1
2,250 — — — 
Charlotte Lohmann2
1,168 157 1,325 
Lucinda Crabtree, Ph.D.3
— 
Total3,418 157 0 1,325 
Supervisory Board
Marc Cluzel, M.D., Ph.D.4,500 4,025 8,525 
Michael Brosnan**5,000 5,000 
Sharon Curran
George Golumbeski, Ph.D.
Andrew Cheng, M.D., Ph.D.
0
Krisja Vermeylen2,000 1,000 3,000 
Total11,500 5,025 0 16,525 
Summary of Stock Options of Related Parties
Stock Options
1/1/2023Additions
Adjustment due to Performance Criteria4
ForfeituresExercises12/31/2023
Management Board
Jean-Paul Kress, M.D.81,989 (24,543)57,446 
Sung Lee1
— — — — — 
Charlotte Lohmann2
4,595 (1,493)3,102 
Lucinda Crabtree, Ph.D.3
— 
Total86,584 0 (26,036)0 0 60,548 
Summary of Performance Shares of Related Parties
Performance Shares from LTI plans
1/1/2023Additions
Adjustment due to Performance Criteria4
ForfeituresConversion to Shares12/31/2023
Management Board
Jean-Paul Kress, M.D.
Sung Lee1
— — — — — 
Charlotte Lohmann2
626 (469)(157)
Lucinda Crabtree, Ph.D.3
— 
Total626 0 (469)0 (157)00 

1 Sung Lee resigned as a member of the Management Board with effect from the end of March 17, 2023. Changes after his departure from the Management Board are not presented.
2 With effect as of March 1, 2023, Charlotte Lohmann has been appointed as a member of the Management Board and Chief Legal Officer until the end August 31, 2023. Opening and closing balances presented in the tables were held by Charlotte Lohmann correspondingly before and after she was appointed as a member of the Management Board.
3 Lucinda Crabtree joined the Management Board of MorphoSys AG effective August 8, 2023.
4 Adjustment due to established performance criteria. For performance criteria that have not been met, a target achievement of 100% is assumed.
Summary Of Remuneration of Key Management Personnel
The total compensation for key management personnel (Management Board and members of the Executive Committee) in 2023 and 2022 were as follows.
in €20232022
Total Short-Term Employee Benefits7,857,680 7,847,207 
Total Post-Employment Benefits416,054 405,922 
Total Termination Benefits320,248 
Total Share-Based Payment10,060,828 1,317,464 
Total Compensation18,334,562 9,890,841 
Summary of Remuneration of Supervisory Board
The total remuneration for the Supervisory Board, excluding reimbursed travel costs, in 2023 and 2022 was as follows.
Fixed
Compensation
Attendance Fees1
Total Compensation
in €202320222023202220232022
Marc Cluzel, M.D., Ph.D.104,210 104,210 56,000 45,200 160,210 149,410 
Michael Brosnan67,026 57,284 49,937 34,000 116,963 91,284 
Sharon Curran56,663 45,284 36,000 27,200 92,663 72,484 
George Golumbeski, Ph.D.69,289 70,926 30,800 29,200 100,089 100,126 
Andrew Cheng, M.D., Ph.D.
45,284 28,240 34,800 12,400 80,084 40,640 
Wendy Johnson
— 19,302 — 20,400 — 39,702 
Krisja Vermeylen57,284 57,284 39,200 32,000 96,484 89,284 
Total399,756 382,530 246,737 200,400 646,493 582,930