John Edward Frank - 05 May 2022 Form 4 Insider Report for ILLUMINA, INC. (ILMN)

Role: Chief Public Affairs Officer
Signature: By: Robert Maynes for John Edward Frank
Issuer symbol: ILMN
Transactions as of: 05 May 2022
Net transactions value: $0
Form type: 4
Filing time: 09 May 2022, 17:03:19 UTC
Previous filing: 21 Apr 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ILMN	Common Stock	Award	$0	+1,714		$0.000000	1,714	05 May 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ILMN	Performance Shares	Award	$0	+5,142		$0.000000	5,142	05 May 2022	Common Stock	5,142		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of May 5, 2023, May 5, 2024, May 5, 2025, and May 5, 2026, subject to awardee's continuing status as a service provider on such dates.
F2	Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's earnings per share for the fiscal year ending December 29, 2024. The number of shares issued will range from 0% to 200% of the amount specified above, based on the company's actual earnings per share for the fiscal year ending December 29, 2024, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.

Content

Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of May 5, 2023, May 5, 2024, May 5, 2025, and May 5, 2026, subject to awardee's continuing status as a service provider on such dates.

Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's earnings per share for the fiscal year ending December 29, 2024. The number of shares issued will range from 0% to 200% of the amount specified above, based on the company's actual earnings per share for the fiscal year ending December 29, 2024, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.