Pacific Biosciences (PACB) director receives 223,492 stock options at $1.58 strike
Rhea-AI Filing Summary
Pacific Biosciences of California director Marshall Mohr received a new stock option grant as equity compensation. The award covers 223,492 shares of common stock at an exercise price of $1.58 per share and increases his option holdings to 223,492 derivative securities.
The option vests in monthly installments over one year on the same day of the month as the grant date or, if earlier, on the date of the next annual stockholder meeting, as long as he continues serving as a director. The option expires on June 3, 2036, giving a long-dated incentive tied to the company’s share price performance.
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Insights
Routine director stock option grant with time-based vesting.
Director Marshall Mohr was granted stock options for 223,492 shares of Pacific Biosciences of California common stock at an exercise price of $1.58. The transaction is coded as an acquisition grant, typical for board-level equity compensation.
The options vest monthly over one year, or earlier if the next annual stockholder meeting occurs sooner, contingent on continued board service. The expiration in 2036 creates a long incentive window, but the filing does not involve any open‑market buying or selling, so it carries limited signaling value about the director’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 223,492 | $0.00 | $0.00 |
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
Key Terms
Stock Option (right to buy) financial
exercise price financial
vesting financial
expiration date financial
derivative securities financial
AI-generated analysis. How Rhea-AI works. Not financial advice.