David W. Meline - 13 Oct 2023 Form 4 Insider Report for PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB)

Role
Director
Signature
/s/ Michele Farmer, Attorney-in-fact
Issuer symbol
PACB
Transactions as of
13 Oct 2023
Net transactions value
$0
Form type
4
Filing time
16 Oct 2023, 08:15:40 UTC
Previous filing
11 Aug 2022
Next filing
03 Nov 2023
SEC
View on sec.gov

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 PACB Stock Option (right to buy) Award $0 +86,954 $0.000000 86,954 13 Oct 2023 Common Stock 86,954 $7.98 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Meline was elected to the Board of Directors on October 13, 2023. One-third of the shares subject to the option will vest on the one year anniversary of Mr. Meline joining the Board, and the remainder will vest in equal monthly installments thereafter for 24 months on the same date of the month as his initial start date, provided he continues to serve as a director through each vesting date.