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Pacira BioSciences, Inc. — Director's Dealing 2017
Aug 18, 2017
32125_dirs_2017-08-17_bb49a8c4-dfd1-4b88-a3d1-b0f7f25644fa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pacira Pharmaceuticals, Inc. (PCRX)
CIK: 0001396814
Period of Report: 2017-08-15
Reporting Person: STACK DAVID M (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock | M | 28885 | $1.61 | Acquired | 159164 | Direct |
| 2017-08-15 | Common Stock | S | 28885 | $36.37 | Disposed | 130279 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-15 | Stock Option (Right to Buy) | $1.61 | M | 28885 | Disposed | 2020-09-02 | Common Stock (28885) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 18596 | Indirect |
| Common Stock | 1208 | Indirect |
Footnotes
F1: The option exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.10 to $36.90, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: Mr. Stack is the general partner of Stack Schroon Mohawk FLP. Mr. Stack and his wife are the owners of LCK Investment LLC.
F4: The option vested as to 50% of the option shares on February 2, 2011, 19,378 option shares vested on February 3, 2011, and the remaining option shares vested in successive monthly installments for the subsequent 19 months.