ESOPJul 8, 2026, 08:01 AM
Pacira Grants Equity Awards to 10 New Employees
AI Summary
Pacira BioSciences announced the granting of inducement awards on July 2, 2026, to ten new employees under its Amended and Restated 2014 Inducement Plan. These awards were approved by the People & Compensation Committee as a material inducement for their employment. Four employees received stock options to purchase an aggregate of 9,200 shares, while ten employees received restricted stock units for an aggregate of 18,200 shares.
Key Highlights
- Inducement awards granted to 10 new employees on July 2, 2026.
- Four employees received stock options for an aggregate of 9,200 shares.
- Ten employees received restricted stock units for an aggregate of 18,200 shares.
- Stock options have an exercise price of $25.39 per share.
- Stock options vest over four years, with 25% on the first anniversary.
- Restricted stock units vest annually in four equal installments starting July 1, 2027.
Price Impact
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