| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCRX | Common Stock | Sale | -$86.8K | -2.27K | -11.53% | $38.28 | 17.4K | Jun 5, 2023 | Direct | F1, F2 |
| transaction | PCRX | Common Stock | Sale | -$174K | -4.52K | -25.99% | $38.55 | 12.9K | Jun 6, 2023 | Direct | F3 |
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 | Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock units. |
| F2 | Includes 215 shares of common stock acquired under the issuer's employee stock purchase plan in June 2022. |
| F3 | 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. |