| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCRX | Common Stock | Sale | -$38.7K | -1K | -4.07% | $38.74 | 23.6K | Jun 5, 2023 | Direct | F1 |
| transaction | PCRX | Common Stock | Sale | -$39.2K | -1.01K | -4.26% | $38.99 | 22.6K | Jun 6, 2023 | Direct | F2 |
| transaction | PCRX | Common Stock | Sale | -$39.6K | -1.05K | -4.64% | $37.87 | 21.5K | Jun 7, 2023 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock units. |