Scott M. Davies - Oct 3, 2024 Form 3 Insider Report for ILLUMINA, INC. (ILMN)

Signature
Robert Maynes for Scott M. Davies
Stock symbol
ILMN
Transactions as of
Oct 3, 2024
Transactions value $
$0
Form type
3
Date filed
10/15/2024, 04:58 PM
Next filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ILMN Common Stock 13.9K Oct 3, 2024 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
holding ILMN Performance Shares Oct 3, 2024 Common Stock 2.04K Direct F2, F3
holding ILMN Performance Shares Oct 3, 2024 Common Stock 1.23K Direct F2, F4
holding ILMN Performance Shares Oct 3, 2024 Common Stock 1.85K Direct F2, F5
holding ILMN Performance Shares Oct 3, 2024 Common Stock 2.27K Direct F2, F6
holding ILMN Performance Shares Oct 3, 2024 Common Stock 2.27K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 10,552 unvested Restricted Stock Units granted prior to appointment as Section 16 Officer.
F2 Granted prior to appointment as Section 16 Officer.
F3 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.
F4 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 150% 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.
F5 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.
F6 Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's three-year average operating margin for fiscal years 2024-2026 with vesting on January 3, 2027 . The number of shares issued will range from 0% to 200% of the amount specified above, based on the Company's actual three-year average operating margin for fiscal years 2024-2026 , relative to pre-defined objectives, subject to awardee's continuing to be a service provider on such dates.
F7 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 January 3, 2027. The number of shares issued will range from 0% to 200% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending January 3, 2027, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.