| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCRX | Common Stock | Sale | $38,740 | -1,000 | -4.1% | $38.74 | 23,591 | 05 Jun 2023 | Direct | F1 |
| transaction | PCRX | Common Stock | Sale | $39,186 | -1,005 | -4.3% | $38.99 | 22,586 | 06 Jun 2023 | Direct | F2 |
| transaction | PCRX | Common Stock | Sale | $39,645 | -1,047 | -4.6% | $37.86 | 21,539 | 07 Jun 2023 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. |
| F2 | Represents shares sold by the reporting person to cover tax obligations upon the vesting of restricted stock units. |