Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PACB | Common Stock | Award | $0 | +300K | +52631.58% | $0.00 | 301K | Aug 16, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PACB | Stock Option (right to buy) | Award | $0 | +600K | $0.00 | 600K | Aug 16, 2022 | Common Stock | 600K | $8.00 | Direct | F2 |
Id | Content |
---|---|
F1 | Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual installments on August 16th of each of 2023, 2024, 2025, and 2026, provided that the Reporting Person continues to serve through each vesting date. |
F2 | 1/4 of the shares subject to the option will vest on the one year anniversary of the date of grant, and the balance of shares will vest monthly thereafter over the next three years, provided that the Reporting Person continues to serve through each vesting date. |
Chief Commercial Officer