PacBio director granted 223,492 stock options
PACIFIC BIOSCIENCES OF CALIFORNIA, INC. director John F. Milligan reported a grant of 223,492 stock options.
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Form Type
4
Rhea-AI Filing Summary
PACIFIC BIOSCIENCES OF CALIFORNIA, INC. director John F. Milligan reported a grant of 223,492 stock options. The options have an exercise price of $1.58 per share, vest monthly over one year or earlier at the next annual stockholder meeting, and expire on June 3, 2036.
Insider Trade Summary
Grant/Award: 223,492 shares
Grant/Award
1 txn
Insider
MILLIGAN JOHN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 223,492 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 223,492 contracts (Direct)
Footnotes (1)
- F1. The shares subject to the option will vest monthly over one (1) year, on the same day of the month as the date of grant or, if earlier, on the date of the next annual meeting of the Company's stockholders occurring after the date of grant, provided such Reporting Person continues to serve as a director through the applicable vesting dates.
Key Figures
Options granted: 223,492 options
Exercise price: $1.58 per share
Underlying shares: 223,492 shares
+3 more
6 metrics
Options granted
223,492 options
Stock Option grant reported on Form 4
Exercise price
$1.58 per share
Exercise price for PACB stock options
Underlying shares
223,492 shares
Common Stock underlying granted options
Expiration date
June 3, 2036
Option expiration for this grant
Vesting period
1 year monthly
Monthly vesting over one year or earlier at next annual meeting
Shares after transaction
223,492 options
Total derivative holdings following the grant
Key Terms
Stock Option, exercise price, expiration date, Common Stock, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option (right to buy)""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: "1.5800""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest monthly financial
"The shares subject to the option will vest monthly over one (1) year"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PACB director John F. Milligan report?
John F. Milligan reported receiving a grant of 223,492 stock options in PACIFIC BIOSCIENCES OF CALIFORNIA, INC. This is a compensation-related award, not an open-market trade, and was reported on a Form 4 as a derivative acquisition.
How many PACB stock options were granted to John F. Milligan?
He was granted 223,492 stock options tied to PACB common stock. These options give him the right to buy the same number of shares if he chooses to exercise them in the future under the specified terms and schedule.
What is the exercise price and expiration date of John F. Milligan’s PACB options?
The options have an exercise price of $1.58 per share and expire on June 3, 2036. This means he can buy PACB common stock at $1.58 any time before the expiration, once the options have vested.
How do the PACB stock options granted to John F. Milligan vest?
The options vest monthly over one year, on the same day of each month as the grant date. Vesting can also complete earlier on the date of the next annual stockholder meeting, if that occurs sooner, provided he continues serving as a director.
How many PACB derivative securities does John F. Milligan hold after this grant?
After this grant, John F. Milligan holds 223,492 stock options directly. Each option relates to one share of PACB common stock, so the total derivative position matches the number of underlying shares covered by the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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