Pacira BioSciences Announces Inducement Grants Under Amended 2014 Plan for New Employees

Reuters
2025/07/04
Pacira BioSciences Announces Inducement Grants Under Amended 2014 Plan for New Employees

Pacira BioSciences, Inc. (Nasdaq: PCRX) announced the issuance of inducement awards to seven new employees on July 2, 2025, under its Amended and Restated 2014 Inducement Plan. Approved by the People & Compensation Committee of the Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4), these awards were granted without stockholder approval. The package includes stock options for one employee to purchase 3,500 shares at an exercise price of $23.21 per share, with a 10-year term and a four-year vesting schedule. Additionally, seven employees received restricted stock units for a total of 12,300 shares, vesting annually over four years starting July 1, 2026. The vesting of these equity awards is contingent upon the employees' continued employment with Pacira.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacira Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9489004-en) on July 03, 2025, and is solely responsible for the information contained therein.

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