Pacira BioSciences (PCRX) director granted 32,675 stock options at $23.42
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences director Thomas G. Wiggans received a stock option grant for 32,675 shares of common stock. The option has an exercise price of $23.42 per share and expires on June 10, 2036. One-third of the option vests on the first anniversary of the grant, with the remaining shares vesting in equal monthly installments over the following two years, as long as he remains in continuous service. After this grant, he holds options for 32,675 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WIGGANS THOMAS G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,675 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,675 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 32,675 shares
Exercise price: $23.42 per share
Expiration date: June 10, 2036
+2 more
5 metrics
Option grant size
32,675 shares
Stock Option (Right to Buy) granted to director on June 10, 2026
Exercise price
$23.42 per share
Conversion or exercise price of the stock option grant
Expiration date
June 10, 2036
Option expiration for the 32,675-share grant
Shares underlying option
32,675 shares
Underlying Pacira common stock covered by the new option
Post-transaction option holdings
32,675 options
Total options held by Wiggans following this grant
Key Terms
Stock Option (Right to Buy), conversion or exercise price, Common Stock, vests and becomes exercisable, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
conversion or exercise price financial
"conversion_or_exercise_price: 23.4200"
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.
vests and becomes exercisable financial
"The stock option vests and becomes exercisable as to one-third of the option shares"
continuous service financial
"provided that the reporting person remains in continuous service with the issuer"
FAQ
What did Pacira BioSciences (PCRX) director Thomas Wiggans report on this Form 4?
Thomas G. Wiggans reported receiving a stock option grant for 32,675 shares of Pacira BioSciences common stock. These options were granted at an exercise price of $23.42 per share as part of his director compensation.
How many Pacira BioSciences (PCRX) options did Thomas Wiggans receive and hold after the grant?
He received options covering 32,675 shares and held options for 32,675 shares following the transaction. This filing shows only this single grant, with no additional derivative positions listed afterward.
What is the exercise price and expiration date of the PCRX options granted to Thomas Wiggans?
The options have an exercise price of $23.42 per share and expire on June 10, 2036. This defines the price at which he can buy Pacira BioSciences common stock before the expiration date.
How do the Pacira BioSciences (PCRX) options granted to Thomas Wiggans vest?
One-third of the 32,675 option shares vest on the first anniversary of the June 10, 2026 grant date. The remaining two-thirds vest in equal monthly installments over the subsequent two years, contingent on his continuous service.
Is the Pacira BioSciences (PCRX) Form 4 transaction a market purchase or sale?
No market trade occurred. The Form 4 reports a compensation-related grant of stock options with a transaction code "A" (grant, award, or other acquisition), not an open-market buy or sell of common shares.