David M. Stack - 06 Jun 2022 Form 4 Insider Report for Pacira BioSciences, Inc. (PCRX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Jun 2022, 19:51:00 UTC
Prior SEC filing
02 May 2022
Next SEC filing
07 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kristen Williams, Attorney-in-Fact

Key filing fact

David M. Stack filed Form 4 for Pacira BioSciences, Inc. (PCRX) on 08 Jun 2022.

Key facts

  • This page summarizes David M. Stack's Form 4 filing for Pacira BioSciences, Inc. (PCRX).
  • 7 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Jun 2022, 19:51.

Change

  • Previous filing in this sequence was filed on 02 May 2022.
  • Current net transaction value: -$1,561,998.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PCRX transaction

Common Stock

Sale

Transaction value
$734,340
Shares
-11,965
Change %
-7.1%
Price
$61.37
Shares after
156,079
Date
06 Jun 2022
Ownership
Direct
Footnotes
F1
PCRX transaction

Common Stock

Sale

Transaction value
$416,005
Shares
-7,039
Change %
-4.5%
Price
$59.10
Shares after
149,040
Date
08 Jun 2022
Ownership
Direct
Footnotes
F2, F3
PCRX transaction

Common Stock

Sale

Transaction value
$302,012
Shares
-5,006
Change %
-3.4%
Price
$60.33
Shares after
144,034
Date
08 Jun 2022
Ownership
Direct
Footnotes
F2, F4
PCRX transaction

Common Stock

Sale

Transaction value
$78,599
Shares
-1,282
Change %
-0.89%
Price
$61.31
Shares after
142,752
Date
08 Jun 2022
Ownership
Direct
Footnotes
F2, F5
PCRX transaction

Common Stock

Sale

Transaction value
$31,042
Shares
-501
Change %
-0.35%
Price
$61.96
Shares after
142,251
Date
08 Jun 2022
Ownership
Direct
Footnotes
F2, F6
PCRX transaction

Common Stock

Award

Transaction value
$0
Shares
+21,500
Change %
+15%
Price
$0.000000
Shares after
163,751
Date
08 Jun 2022
Ownership
Direct
Footnotes
F7
PCRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
97,273
Date
06 Jun 2022
Ownership
By Three Colleens Investment, LLC
Footnotes
F8
PCRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
18,596
Date
06 Jun 2022
Ownership
By Stack Schroon Mohawk FLP
Footnotes
F8
PCRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
315
Date
06 Jun 2022
Ownership
LCK Investment LLC
Footnotes
F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PCRX transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+160,900
Change %
Price
$0.000000
Shares after
160,900
Date
08 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
160,900
Exercise price
$59.39
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock units.

Footnote F2

The 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.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.79 to $59.73, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 through 6.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.83 to $60.82, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.840 to $61.825, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.89 to $62.24, inclusive.

Footnote F7

Represents restricted stock units that vest in four equal annual installments beginning on June 3, 2023, provided that the reporting person remains in continuous service with the issuer as of each vesting date. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.

Footnote F8

Mr. Stack and his wife are the owners of each of Three Colleens Investment, LLC and LCK Investment LLC. Mr. Stack is the general partner of Stack Schroon Mohawk FLP.

Footnote F9

The stock option vests and becomes 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.

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