Max Reinhardt - Apr 21, 2022 Form 4 Insider Report for Pacira BioSciences, Inc. (PCRX)

Role: President, Rest of World
Signature: /s/ Kristen Williams, Attorney-in-Fact
Stock symbol: PCRX
Transactions as of: Apr 21, 2022
Transactions value $: -$187,897
Form type: 4
Date filed: 4/25/2022, 04:12 PM
Previous filing: Apr 20, 2022
Next filing: Jun 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCRX	Common Stock	Options Exercise	$532K	+12.5K	+46.34%	$42.54	39.5K	Apr 21, 2022	Direct	F1
transaction	PCRX	Common Stock	Sale	-$720K	-9.82K	-24.89%	$73.25	29.7K	Apr 21, 2022	Direct	F1, F2

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	PCRX	Stock Option (Right to Buy)	Options Exercise	$0	-12.5K	-11.11%	$0.00	100K	Apr 21, 2022	Common Stock	12.5K	$42.54	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2	Represents shares sold by the reporting person to cover the (i) exercise price of stock options and (ii) tax obligations due upon the exercise of such stock options.
F3	The stock option vested and became exercisable as to 25% of the option shares on the first anniversary of the grant date, and vests as to the remaining shares in successive equal quarterly installments over the subsequent three years, provided that the reporting person remains in continuous service with the issuer as of each vesting date.