Company: PACB
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001299130-25-000090
Chunk: 94

Company: PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 94
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 | 366,797 |     |                                 | 1,492,023 |
| Susan G. Kim(2)    |     |                         |  90,125 |     |                                 |   400,369 |
| Mark Van Oene      |     |                         | 259,000 |     |                                 | 1,410,118 |
| Jeff Eidel(3)      |     |                         | 116,050 |     |                                 |   390,804 |

(1) The value realized upon vesting of RSUs is calculated by multiplying the number of shares vested by the fair market value of our common stock on the vesting date.

(2) Ms. Kim served as our Chief Financial Officer until December 6, 2024, at which point the unvested portion of her equity awards was forfeited and vested but unexercised options remained exercisable for three months.

(3) Mr. Eidel served as our Chief Commercial Officer until November 15, 2024, at which point the unvested portion of his equity awards was forfeited and vested but unexercised options remained exercisable for three months.

| 2025 Proxy Statement |     | 70 |

TABLE OF CONTENTS

#### Change in Control and Severance Arrangements
We have entered into change in control and severance agreements with each of our NEOs. As disclosed in a current report on Form 8-K dated December 11, 2024, we amended the change in control and severance agreements for Messrs. Henry and Van Oene to make non-substantive changes consistent with best market practices.

The change in control and severance agreements with Mr. Henry, Ms. Kim, Mr. Van Oene and Mr. Eidel provide that if we terminate his or her employment with us for a reason other than “cause,” his or her death or “disability,” or he or she resigns for “good reason,” in each case, as set forth in the applicable change in control and severance agreement, he or she would be entitled to:

• in the case of Mr. Henry, a lump sum cash payment equal to his base salary in effect immediately before the termination of his employment or, in the case of resignation for “good reason” due to a material reduction in his base pay, the base salary as in effect immediately prior to the reduction, for a period of 18 months;

• in the case of Mr. Van Oene,