Company: PCRX
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001396814-25-000102
Chunk: 176

Company: Pacira BioSciences, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 176
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 of any parent or subsidiary, or following a bona fide period of non-employment by the Company or a parent or subsidiary, if he or she is granted such award in connection with his or her commencement of employment with the Company or a subsidiary and such grant is an inducement material to his or her entering into employment with the Company or such subsidiary.Inducement AwardsFrom time to time, the board of directors, upon recommendation of the P&C Committee, has approved individually negotiated grants of options and restricted stock units for certain of the Company’s officers in connection with their respective appointments, in each case, pursuant to the inducement plan in effect at such time.Stock-Based CompensationThe Company recognized stock-based compensation expense in the periods presented as follows (in thousands):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Cost of goods sold$1,682 $1,259 $3,398 $2,387 Research and development2,407 1,925 4,648 3,728 Selling, general and administrative11,383 8,848 21,979 16,833 Contingent consideration (gains) charges, acquisition-related expenses, restructuring and other— 492 — 2,727         Total$15,472 $12,524 $30,025 $25,675 Stock-based compensation from:    Stock options$4,309 $5,796 $8,749 $12,525     Restricted stock units10,681 6,517 20,287 12,727     Employee stock purchase plan share options482 211 989 423         Total$15,472 $12,524 $30,025 $25,675 

Pacira BioSciences, Inc.  |  Q2 2025 Form 10-Q  |  Page 28

Equity AwardsThe following tables contain information about the Company’s stock option and restricted stock unit, or RSU, activity for the six months ended June 30, 2025:Stock Options Number ofStock Options Weighted Average Exercise Price (Per Share) Outstanding at December 31, 20246,845,618 $42.95      Granted432,632 25.45      Forfeited(21,074)32.88      Expired(414,815