Company: PCRX
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041219
Chunk: 71

Company: Pacira BioSciences, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 71
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 Select Market. (2) The stock options vest with respect to 25% of the shares on the first anniversary of either the grant date or employment start date, and vests with respect to the remaining shares in approximately equal successive quarterly installments over the next 36 months thereafter, provided that the named executive officer remains in continuous service with us as of each vesting date. (3) Represents RSUs that vest in four equal annual installments beginning on approximately the first anniversary of the vesting date, provided that the named executive officer remains in continuous service with us as of each vesting date. (4) Mr. Stack announced his retirement in September 2023 and served as Chief Executive Officer and Chairman until January 1, 2024. As a result, Mr. Stack was not granted any equity awards in 2024, and, pursuant to his Retirement Agreement, his vested stock options expire on the earlier of August 31, 2027 or their original expiration date, whichever is sooner. (5) On February 26, 2024, we and Mr. Reinhart agreed that he would depart the Company, effective September 30, 2024. The Company and Mr. Reinhart agreed that Mr. Reinhart would be eligible for the Company’s 2024 annual equity grant which was planned at 25% of the intended targeted value with a one-year cliff-vesting schedule and was delivered in RSUs. This grant vested in October 2024 when Mr. Reinhart became entitled to immediate vesting of the portion of his then-outstanding unvested stock options and time-based restricted stock units that would have become vested during the nine-month period following his departure per the terms of his employment agreement. Pursuant to the terms of his departure from the Company, Mr. Reinhart’s vested stock options expire on September 28, 2025.

80 | investor.pacira.com

TABLE OF CONTENTS Executive Compensation

OPTION EXERCISES AND STOCK VESTED TABLE The following table sets forth information for each of our named executive officers regarding stock options exercised and stock vested during 2024.

| ​                           | ​ | ​ | Option Awards                           |   |   |   |   |   |                                 |   |   |   | ​ | ​ | Stock Awards                           |   |        |   |   |   |                                |   |         |   | ​ |
| Name                        | ​ | ​ | Number of SharesAcquired on Exercise(#) |