Everett Cunningham - Mar 5, 2025 Form 4 Insider Report for ILLUMINA, INC. (ILMN)

Role
SVP, Chief Commercial Officer
Signature
Robert Maynes for Everett Cunningham
Stock symbol
ILMN
Transactions as of
Mar 5, 2025
Transactions value $
$0
Form type
4
Date filed
3/7/2025, 04:21 PM
Previous filing
Jul 9, 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 +9.1K +24.54% $0.00 46.2K Mar 5, 2025 Direct F1, F2
holding ILMN Common Stock 70 Mar 5, 2025 Beneficiary IRA
holding ILMN Common Stock 757 Mar 5, 2025 IRA
holding ILMN Common Stock 3.15K Mar 5, 2025 Revocable Trust
holding ILMN Common Stock 672 Mar 5, 2025 Spouse IRA

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 +10.6K $0.00 10.6K Mar 5, 2025 Common Stock 10.6K Direct F3
transaction ILMN Performance Shares Award $0 +10.6K $0.00 10.6K Mar 5, 2025 Common Stock 10.6K 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, 2026, February 15, 2027, February 15, 2028, and February 15, 2029, subject to awardee's continuing status as a service provider on such dates.
F2 Balance includes 227 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 2025-2027 with vesting on January 2, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the Company's actual three-year average operating margin for fiscal years 2025-2027, 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 2, 2028. The number of shares issued will range from 0% to 250% of the amount specified above, based on the company's relative total shareholder return for the fiscal year ending January 2, 2028, relative to pre-defined objectives, subject to the awardee's continuing status as a service provider on such dates.