| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCRX | Common Stock | Award | $10.6K | +437 | +0.44% | $24.32 | 99.3K | Jun 28, 2024 | Direct | F1 |
| transaction | PCRX | Common Stock | Tax liability | -$26K | -914 | -0.92% | $28.46 | 98.4K | Jul 1, 2024 | Direct | F2 |
| transaction | PCRX | Common Stock | Sale | -$80.1K | -2.84K | -2.88% | $28.25 | 95.6K | Jul 2, 2024 | 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 of common stock acquired under the issuer's employee stock purchase plan in June 2024. |
| F2 | Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award. |
| 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. |