Jacob Thaysen - Oct 5, 2023 Form 4 Insider Report for ILLUMINA, INC. (ILMN)

Role: Chief Executive Officer, Director
Signature: By: Robert Maynes for Jacob Thaysen
Stock symbol: ILMN
Transactions as of: Oct 5, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/10/2023, 05:34 PM
Previous filing: Sep 27, 2023
Next filing: Feb 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ILMN	Common Stock	Award	$0	+7.53K		$0.00	7.53K	Oct 5, 2023	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	+17.6K		$0.00	17.6K	Oct 5, 2023	Common Stock	17.6K		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: 33.3% of the shares subject to the award shall vest on each of October 5, 2024, October 5, 2025, and October 5, 2026, subject to the 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 relative total shareholder return for the fiscal year ending December 28, 2025. The number of shares issued will range from 0% to 175% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending December 28, 2025, 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: 33.3% of the shares subject to the award shall vest on each of October 5, 2024, October 5, 2025, and October 5, 2026, subject to the 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 relative total shareholder return for the fiscal year ending December 28, 2025. The number of shares issued will range from 0% to 175% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending December 28, 2025, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.