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Pacira BioSciences, Inc. Director's Dealing 2021

Apr 16, 2021

32125_dirs_2021-04-15_08f1acf2-a7e5-4dee-9a9b-bd928c5367b2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pacira BioSciences, Inc. (PCRX)
CIK: 0001396814
Period of Report: 2021-04-13

Reporting Person: Williams Kristen Marie (Chief Administrative Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-04-13 Common Stock M 2500 $32.35 Acquired 27387 Direct
2021-04-13 Common Stock M 4125 $44.20 Acquired 31512 Direct
2021-04-13 Common Stock M 8859 $38.35 Acquired 40371 Direct
2021-04-13 Common Stock M 6339 $43.54 Acquired 46710 Direct
2021-04-13 Common Stock S 14793 $66.40 Disposed 31917 Direct
2021-04-13 Common Stock S 7030 $68.11 Disposed 24887 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-04-13 Stock Option (Right to Buy) $32.35 M 2500 Disposed 2026-12-07 Common Stock (2500) Direct
2021-04-13 Stock Option (Right to Buy) $44.20 M 4125 Disposed 2027-06-14 Common Stock (4125) Direct
2021-04-13 Stock Option (Right to Buy) $38.35 M 8859 Disposed 2028-06-13 Common Stock (8859) Direct
2021-04-13 Stock Option (Right to Buy) $43.54 M 6339 Disposed 2029-06-05 Common Stock (6339) 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 $66.96 to $67.95, 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 footnotes 2 and 3.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.96 to $68.41, inclusive.

F4: The stock option vested and became exercisable as to 25% of the option shares on the first anniversary of the grant date, and vested as to the remaining shares in successive equal quarterly installments over the subsequent three years, provided that the reporting person remained in continuous service with the issuer as of each vesting date.

F5: The stock option vested and became exercisable as to 25% of the option shares on the first anniversary of the grant date, and vests as to the remaining shares in successive equal quarterly installments over the subsequent three years, provided that the reporting person remains in continuous service with the issuer as of each vesting date.