Davies Scott M 4
4 · ILLUMINA, INC. · Filed Mar 7, 2025
Insider Transaction Report
Form 4
ILLUMINA, INC.ILMN
Davies Scott M
Chief Legal Officer
Transactions
- Award
Performance Shares
2025-03-05+8,169→ 8,169 totalExp: 2028-01-02→ Common Stock (8,169 underlying) - Award
Common Stock
2025-03-05+7,002→ 18,931 total - Award
Performance Shares
2025-03-05+8,169→ 8,169 totalExp: 2028-01-02→ Common Stock (8,169 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of February 15, 2026, February 15, 2027, February 15, 2028, and February 15, 2029, subject to awardee's continuing status as a service provider on such dates.
- [F2]Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's three-year average operating margin for fiscal years 2025-2027 with vesting on January 2, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the Company's actual three-year average operating margin for fiscal years 2025-2027, relative to pre-defined objectives, subject to awardee's continuing to be a service provider on such dates.
- [F3]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 January 2, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending January 2, 2028, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.