PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 4
4 · PACIFIC BIOSCIENCES OF CALIFORNIA, INC. · Filed Aug 1, 2016
Insider Transaction Report
Form 4
Phillips James Michael
SVP, Research & Development
Transactions
- Exercise/Conversion
Common Stock
2016-07-29$2.18/sh+2,500$5,450→ 201,449 total - Exercise/Conversion
Stock Option (right to buy)
2016-07-29−17,500→ 0 totalExercise: $1.96Exp: 2017-06-21→ Common Stock (17,500 underlying) - Exercise/Conversion
Stock Option (right to buy)
2016-07-29−2,500→ 97,500 totalExercise: $2.18From: 2014-02-15Exp: 2023-02-15→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2016-07-29$1.96/sh+17,500$34,300→ 198,949 total - Sale
Common Stock
2016-07-29$8.45/sh−20,000$168,920→ 181,449 total
Footnotes (4)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]This is the weighted average price of the shares sold, which ranged from $8.29 to $8.60 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F3]100% of the shares subject to the option were fully vested and exercisable.
- [F4]1/5th of the shares subject to the option vested on February 15, 2014 and the balance of the shares vest monthly thereafter over the next four years, provided that the Reporting Person continues to serve through each vesting date.