Smith Christopher M 4
4 · PACIFIC BIOSCIENCES OF CALIFORNIA, INC. · Filed Feb 3, 2025
Insider Transaction Report
Form 4
Smith Christopher M
Director
Transactions
- Award
Common Stock
2025-01-30+54,099→ 54,099 total - Award
Stock Option (right to buy)
2025-01-30+72,901→ 72,901 totalExercise: $1.60From: 2026-01-30Exp: 2035-01-30→ Common Stock (72,901 underlying)
Footnotes (2)
- [F1]Mr. Smith was elected to the Board of Directors on January 30, 2025. Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual installments on January 30th of each of 2026, 2027, and 2028, provided such Reporting Person continues to serve as a director through the applicable vesting dates.
- [F2]One-third of the shares subject to the option will vest on January 30, 2026, which is the one year anniversary of Mr. Smith joining the Board, and the remainder will vest in equal monthly installments thereafter for 24 months on the same date of the month as his initial start date, provided he continues to serve as a director through each vesting date.