Fromen Peter 4
4 · PACIFIC BIOSCIENCES OF CALIFORNIA, INC. · Filed Jan 12, 2021
Insider Transaction Report
Form 4
Fromen Peter
Chief Commercial Officer
Transactions
- Award
Common Stock
2021-01-08+160,000→ 160,000 total - Award
Stock Option (right to buy)
2021-01-08+320,000→ 320,000 totalExercise: $36.70From: 2022-01-08Exp: 2031-01-08→ Common Stock (320,000 underlying)
Footnotes (2)
- [F1]Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual installments on January 8 of each of 2022, 2023, 2024, and 2025, provided that the Reporting Person continues to serve through each vesting date.
- [F2]1/4 of the shares subject to the option will vest on the one year anniversary of the date of grant, and the balance of shares will vest monthly thereafter over the next three years, provided that the Reporting Person continues to serve through each vesting date.