Company: PACB
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001299130-25-000090
Chunk: 92

Company: PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 92
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 |                      |     |           |     |     |                      |    67,718 |     |                   |       — |     | -4 |     |          |  8.00 |     |            |     | 8/16/2032 |     |                |           |     |     |     |                    |           |     |                                                                           |        |     |    |     |                                                                                              |        |     |    |
|                    |     |            |     | 8/16/2022 |     |                      |     |           |     |     |                      |   257,327 |     |                   |       — |     | -4 |     |          |  8.00 |     |            |     | 8/16/2032 |     |                |           |     |     |     |                    |           |     |                                                                           |        |     |    |     |                                                                                              |        |     |    |

(1) Represents RSUs that are subject to continued service-based vesting.

(2) The value of stock awards not vested was computed by multiplying (x) the closing price of $1.83 for the Company’s common stock on December 31, 2024, by (y) the number of shares of the Company’s common stock subject to the award as of such date.

(3) The value of PSUs are calculated based upon the threshold achievement of the performance conditions.

| 2025 Proxy Statement |     | 69 |

TABLE OF CONTENTS

(4) The option vests over four years with 1/4th of the total number of shares vesting on the first anniversary of the date of grant and 1/48th of such shares vesting monthly thereafter until fully vested, subject to continued service with us through each applicable vesting date.

(5) The RSUs vest over four years with 1/4th of the shares vesting on each anniversary of the award’s grant date until fully vested, subject to continued service with us through each applicable vesting date.

(6) The option vests over four years with 1/48th of the shares vesting monthly until fully vested, subject to continued service with us through each applicable vesting date.

(7) The RSUs vest over four years with 1/4th of the shares vesting on February 15 of each of 2024, 2025, 2026, and 2027, subject to