Pacira BioSciences (PCRX) director Laura Brege receives stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacira BioSciences director Laura Brege reported equity awards consisting of restricted stock units and stock options. She received 6,405 shares of common stock as a grant, bringing her directly held common shares to 30,120. She was also granted options for 10,891 shares at an exercise price of $23.42 per share.
The 6,405 restricted stock units vest on June 10, 2027, if she remains in continuous service with Pacira through that date. The stock options also vest on June 10, 2027 under the same service condition and will expire on June 10, 2036 if not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brege Laura
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 — 30,120 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
Restricted stock units granted: 6,405 shares
Common shares held after grant: 30,120 shares
Stock options granted: 10,891 options
+4 more
7 metrics
Restricted stock units granted
6,405 shares
Award of common stock that vests on June 10, 2027
Common shares held after grant
30,120 shares
Direct holdings following the June 10, 2026 award
Stock options granted
10,891 options
Right to buy common stock, granted June 10, 2026
Option exercise price
$23.42 per share
Conversion or exercise price for 10,891 options
RSU vesting date
June 10, 2027
Vesting requires continuous service through this date
Option vesting date
June 10, 2027
Options become exercisable if service condition is met
Option expiration date
June 10, 2036
Options lapse if not exercised by this date
Key Terms
restricted stock units, stock option, continuous service, vesting date, +1 more
5 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"
vesting date financial
"remains in continuous service with the issuer through the vesting date"
exercise price financial
"conversion_or_exercise_price: "23.4200""
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.
FAQ
What insider transactions did Pacira BioSciences (PCRX) director Laura Brege report?
Laura Brege reported awards of restricted stock units and stock options. She received 6,405 common shares as a grant and options covering 10,891 shares, all tied to continued service through June 10, 2027.
What are the key terms of Laura Brege’s stock option grant at Pacira BioSciences (PCRX)?
The stock option grant covers 10,891 shares of Pacira common stock at a $23.42 exercise price. The option vests on June 10, 2027 if she remains in continuous service and expires on June 10, 2036.
When do Laura Brege’s restricted stock units in Pacira BioSciences (PCRX) vest?
The 6,405 restricted stock units vest on June 10, 2027. Vesting requires that Laura Brege remain in continuous service with Pacira BioSciences through that vesting date, according to the Form 4 footnote disclosure.
Are Laura Brege’s Pacira BioSciences (PCRX) equity awards open-market purchases or compensation grants?
The Form 4 classifies both transactions as grants or awards, not open-market purchases. The restricted stock units and stock options are compensation-related acquisitions, contingent on her continued service with Pacira through June 10, 2027.