Ericksen Scott D 4
4 · ILLUMINA, INC. · Filed Mar 3, 2023
Insider Transaction Report
Form 4
ILLUMINA, INC.ILMN
Ericksen Scott D
VP, Chief Accounting Officer
Transactions
- Award
Common Stock
2023-03-01+1,637→ 7,950 total - Award
Performance Shares
2023-03-01+983→ 983 totalExp: 2025-12-28→ Common Stock (983 underlying) - Award
Performance Shares
2023-03-01+655→ 655 totalExp: 2024-12-29→ Common Stock (655 underlying)
Footnotes (4)
- [F1]Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of November 5, 2023, November 5, 2024, November 5, 2025, and November 5, 2026, subject to awardee's continuing status as a service provider on such dates.
- [F2]Balance includes 25 shares acquired through Employee Stock Purchase Plan.
- [F3]Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's earnings per share for the fiscal year ending December 29, 2024. The number of shares issued will range from 0% to 150% of the amount specified above, based on the company's actual earnings per share for the fiscal year ending December 29, 2024, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.
- [F4]Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's relative total shareholder return for the fiscal year ending December 28, 2025. The number of shares issued will range from 0% to 175% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending December 28, 2025, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.