Pacira director granted stock and option awards
Pacira BioSciences director Mark Froimson received equity compensation consisting of restricted stock units and stock options.
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Rhea-AI Filing Summary
Pacira BioSciences director Mark Froimson received equity compensation consisting of restricted stock units and stock options. He was granted 6,405 restricted stock units, each representing the right to receive one share of Pacira common stock. These units vest on June 10, 2027, if he remains in continuous service through that date, and will then convert into common shares.
He was also granted 10,891 stock options to buy Pacira common stock at an exercise price of $23.42 per share. These options vest and become exercisable on June 10, 2027, subject to the same continuous service condition, and expire on June 10, 2036. Following the grant, Froimson directly holds 26,541 shares of Pacira common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,891 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,405 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
stock option financial
continuous service financial
Grant, award, or other acquisition financial
FAQ
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What equity awards did Pacira (PCRX) director Mark Froimson receive?
When do Mark Froimson’s new Pacira (PCRX) restricted stock units vest?
What are the key terms of Mark Froimson’s new Pacira (PCRX) stock options?
Are Mark Froimson’s Pacira (PCRX) awards tied to continued service?
AI-generated analysis. How Rhea-AI works. Not financial advice.