Pacira BioSciences (PCRX) director receives RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences director Marcelo Bigal received new equity awards as part of compensation. He was granted 6,405 restricted stock units, each representing one share of common stock, which vest on June 10, 2027 if he remains in continuous service with the company.
He also received a stock option covering 10,891 shares of common stock at an exercise price of $23.42 per share. This option vests on June 10, 2027 under the same service condition and expires on June 10, 2036. Following the grant, his direct holdings of common stock total 17,798 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BIGAL MARCELO
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,891 | $0.00 | -- |
| Grant/Award | Common Stock | 6,405 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,891 shares (Direct, null);
Common Stock — 17,798 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units that vest on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The stock option vests and becomes exercisable on June 10, 2027, provided that the reporting person remains in continuous service with the issuer through the vesting date.
Key Figures
RSU grant size: 6,405 units
Option grant size: 10,891 shares
Option exercise price: $23.42 per share
+3 more
6 metrics
RSU grant size
6,405 units
Restricted stock units vesting June 10, 2027
Option grant size
10,891 shares
Stock option covering common stock
Option exercise price
$23.42 per share
Stock option strike price
Option expiration
June 10, 2036
Option term end date
Shares held after grant
17,798 shares
Common stock directly held following transaction
Option vesting date
June 10, 2027
Vesting contingent on continuous service
Key Terms
restricted stock units, stock option, continuous service, contingent right
4 terms
restricted stock units financial
"Represents restricted stock units that vest on June 10, 2027, provided that the reporting person remains in continuous service"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock option financial
"The stock option vests and becomes exercisable on June 10, 2027, provided that the reporting person remains in continuous service"
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.
continuous service financial
"provided that the reporting person remains in continuous service with the issuer through the vesting date"
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock"
FAQ
What equity awards did Pacira BioSciences (PCRX) director Marcelo Bigal receive?
Marcelo Bigal received 6,405 restricted stock units and a stock option for 10,891 shares. Both awards were granted at no cost as part of compensation and are tied to future vesting conditions.
When do Marcelo Bigal’s new Pacira (PCRX) restricted stock units vest?
The 6,405 restricted stock units vest on June 10, 2027, if Marcelo Bigal remains in continuous service. Each unit represents the right to receive one share of Pacira common stock upon vesting.
What are the terms of Marcelo Bigal’s new Pacira (PCRX) stock option grant?
The stock option covers 10,891 shares at an exercise price of $23.42 per share. It vests on June 10, 2027, subject to continued service, and expires on June 10, 2036, if not exercised.
Are Marcelo Bigal’s Pacira (PCRX) equity awards open-market purchases?
No. The filing shows these are compensation-related grants, not open-market purchases. Both the restricted stock units and stock option were awarded at zero purchase price under the company’s equity programs.