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Pacira BioSciences, Inc. Director's Dealing 2011

Feb 2, 2011

32125_dirs_2011-02-02_4e64ac51-561e-42e6-ab8f-eed93e3e2c58.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Pacira Pharmaceuticals, Inc. (PCRX)
CIK: 0001396814
Period of Report: 2011-02-02

Reporting Person: Sanderling Venture Partners VI LP (10% Owner)
Reporting Person: Sanderling Ventures Management VI (10% Owner)
Reporting Person: Sanderling VI Beteiligungs GmbH & Co KG (10% Owner)
Reporting Person: Sanderling VI Limited Partnership (10% Owner)
Reporting Person: Sanderling Venture Partners VI Co Investment Fund LP (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 125800 Direct
Common Stock 55788 Direct
Common Stock 1995 Direct
Common Stock 2377 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A Convertible Preferred Stock $ Common Stock (736583) Direct
Series A Convertible Preferred Stock $ Common Stock (14877) Direct
Series A Convertible Preferred Stock $ Common Stock (24871) Direct
Series A Convertible Preferred Stock $ Common Stock (29634) Direct
Series A Convertible Preferred Stock $ Common Stock (681715) Direct
Common Stock Warrant (Right to Buy) $2.69 2014-01-21 Common Stock (17973) Direct
Common Stock Warrant (Right to Buy) $2.69 2014-01-21 Common Stock (629) Direct
Common Stock Warrant (Right to Buy) $2.69 2014-01-21 Common Stock (749) Direct
Common Stock Warrant (Right to Buy) $2.69 2014-01-21 Common Stock (17839) Direct
Common Stock Warrant (Right to Buy) $13.44 2017-12-29 Common Stock (20220) Direct
Common Stock Warrant (Right to Buy) $13.44 2017-12-29 Common Stock (708) Direct
Common Stock Warrant (Right to Buy) $13.44 2017-12-29 Common Stock (843) Direct
Common Stock Warrant (Right to Buy) $13.44 2017-12-29 Common Stock (20069) Direct
Convertible Promissory Notes $ Common Stock (344355) Direct
Convertible Promissory Notes $ Common Stock (12058) Direct
Convertible Promissory Notes $ Common Stock (14366) Direct
Convertible Promissory Notes $ Common Stock (341788) Direct
Convertible Promissory Notes $ Common Stock (129445) Direct
Convertible Promissory Notes $ Common Stock (5400) Direct
Convertible Promissory Notes $ Common Stock (128479) Direct
Convertible Promissory Notes $ Common Stock (4533) Direct

Footnotes

F1: The securities are held by Sanderling Venture Partners VI, L.P.

F2: The securities are held by Sanderling Ventures Management VI.

F3: The securities are held by Sanderling VI Beteiligungs GmbH & Co. KG.

F4: The securities are held by Sanderling VI Limited Partnership.

F5: The Series A Convertible Preferred Stock has no expiration date and each share of Series A Convertible Preferred Stock will automatically convert into one share of Common Stock upon the consummation of the Issuer's initial public offering.

F6: The securities are held by Sanderling Venture Partners VI Co-Investment Fund.

F7: All principal and accrued interest on the Convertible Promissory Notes will automatically convert into shares of Common Stock upon the consummation of the Issuer's initial public offering.

F8: All principal on the Convertible Promissory Notes will automatically convert into shares of Common Stock upon the consummation of the Issuer's initial public offering at a conversion price equal to the per share price of the Common Stock sold in the Issuer's initial public offering.