ESOPMay 8, 2026, 08:03 AM
Pacira Grants Inducement Awards for 64,500 Shares to 10 New Employees
AI Summary
Pacira BioSciences, Inc. announced the granting of inducement awards to ten new employees on May 4, 2026, under its Amended and Restated 2014 Inducement Plan. These awards, approved by the People & Compensation Committee, include stock options for 36,800 shares to three employees and restricted stock units for 27,700 shares to ten employees, serving as a material inducement for their employment.
Key Highlights
- Pacira granted inducement awards to 10 new employees on May 4, 2026.
- Awards were approved by the People & Compensation Committee without stockholder approval.
- 3 employees received stock options for an aggregate of 36,800 shares.
- 10 employees received restricted stock units for an aggregate of 27,700 shares.
- Stock options have a 10-year term and a four-year vesting schedule.
- Stock options exercise price was $24.69 per share.
- Restricted stock units vest annually in four equal installments starting May 4, 2027.
Price Impact
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