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Pacira BioSciences, Inc. — Director's Dealing 2017
May 18, 2017
32125_dirs_2017-05-17_69e808dc-21d9-4d0c-a4f5-1958e46b43a5.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: 2017-05-15
Reporting Person: Williams Kristen Marie (CAO and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-15 | Common Stock | M | 3125 | $9.25 | Acquired | 18775 | Direct |
| 2017-05-15 | Common Stock | M | 5937 | $10.52 | Acquired | 24712 | Direct |
| 2017-05-15 | Common Stock | M | 11979 | $10.81 | Acquired | 36691 | Direct |
| 2017-05-15 | Common Stock | S | 21041 | $50.86 | Disposed | 15650 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-15 | Stock Option (Right to Buy) | $9.25 | M | 3125 | Disposed | 2021-10-19 | Common Stock (3125) | Direct |
| 2017-05-15 | Stock Option (Right to Buy) | $10.52 | M | 5937 | Disposed | 2022-03-02 | Common Stock (5937) | Direct |
| 2017-05-15 | Stock Option (Right to Buy) | $10.81 | M | 11979 | Disposed | 2022-06-05 | Common Stock (11979) | Direct |
Footnotes
F1: The option exercises 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.75 to $51.00, 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 ranges set forth in this footnote.
F3: The stock option vests and becomes exercisable as to 25% of the option shares on the first anniversary of the grant date, and as to the remaining option shares in successive equal monthly installments over the subsequent three years, provided that the reporting person remains in continuous service with the issuer as of each vesting date.