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

Role
Director
Signature
/s/ Michele Farmer, Attorney-in-fact
Stock symbol
PACB
Transactions as of
Oct 13, 2023
Transactions value $
$0
Form type
4
Date filed
10/16/2023, 08:15 AM
Previous filing
Aug 11, 2022
Next filing
Nov 3, 2023

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 +87K $0.00 87K Oct 13, 2023 Common Stock 87K $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.