Carissa Rollins - 05 Mar 2024 Form 4 Insider Report for ILLUMINA, INC. (ILMN)

Role
SVP, Chief Information Officer
Signature
By: Robert Maynes for Carissa Rollins
Issuer symbol
ILMN
Transactions as of
05 Mar 2024
Net transactions value
$0
Form type
4
Filing time
07 Mar 2024, 17:29:38 UTC
Previous filing
07 Nov 2023
Next filing
10 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ILMN Common Stock Award $0 +5,569 +88% $0.000000 11,868 05 Mar 2024 Direct F1, F2

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 ILMN Performance Shares Award $0 +6,497 $0.000000 6,497 05 Mar 2024 Common Stock 6,497 Direct F3
transaction ILMN Performance Shares Award $0 +6,497 $0.000000 6,497 05 Mar 2024 Common Stock 6,497 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units shall vest as follows: 25% of the shares subject to the award shall vest on each of February 15, 2025, February 15, 2026, February 15, 2027, and February 15, 2028, subject to awardee's continuing status as a service provider on such dates.
F2 Balance includes 126 shares acquired through Employee Stock Purchase Plan.
F3 Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's three-year average operating margin for fiscal years 2024-2026 with vesting on January 3, 2027 . The number of shares issued will range from 0% to 200% of the amount specified above, based on the Company's actual three-year average operating margin for fiscal years 2024-2026 , relative to pre-defined objectives, subject to awardee's continuing to be a service provider on such dates.
F4 Each performance stock unit represents a contingent right to receive one share of common stock based on the Company's relative total shareholder return for the fiscal year ending January 3, 2027. The number of shares issued will range from 0% to 200% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending January 3, 2027, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.