SEC Form 4 · accession 0001209191-18-054974
Pacira BioSciences, Inc. · PCRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Stack
Officer — CEO and Chairman · Director
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001396814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 11, 2018 | M | 11,810 | $1.61 | A | 103,493 | D | |
| Common Stock | Oct 11, 2018 | M | 18,190 | $1.61 | A | 121,683 | D | |
| Common Stock | Oct 11, 2018 | M | 15,000 | $5.49 | A | 136,683 | D | |
| Common StockF1 | holding | — | — | — | 18,596 | I | By Stack Schroon Mohawk FLP | |
| Common StockF1 | holding | — | — | — | 1,208 | I | By LCK Investment LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $1.61 | Oct 11, 2018 | M | 11,810 | D | — | Sep 2, 2020 | Common Stock | 11,810 | 0 | D |
| Stock Option (Right to Buy)F2 | $1.61 | Oct 11, 2018 | M | 18,190 | D | — | Sep 2, 2020 | Common Stock | 18,190 | 65,000 | D |
| Stock Option (Right to Buy)F3 | $5.49 | Oct 11, 2018 | M | 15,000 | D | — | Dec 29, 2020 | Common Stock | 15,000 | 57,856 | D |
Explanation of responses
- F1Mr. Stack is the general partner of Stack Schroon Mohawk FLP. Mr. Stack and his wife are the owners of LCK Investment LLC.
- F2The stock option vested as to 50% of the option shares on February 2, 2011, 19,377 option shares vested on February 3, 2011, and the remaining option shares vested in successive equal monthly installments for the subsequent 19 months.
- F3The stock option vested as to 25% of the option shares on December 29, 2011 and as to the remaining shares in successive equal monthly installments for the subsequent 36 months.