Company: PCRX
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001104659-25-041219
Chunk: 60

Company: Pacira BioSciences, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 60
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. Shawn Cross, Chief Financial Officer On October 16, 2024, the board appointed Shawn Cross to serve as the Chief Financial Officer of the Company, effective October 21, 2024. Mr. Cross’s initial annual base salary was $525,000 per year. Mr. Cross is entitled to participate in the Company’s annual cash incentive bonus program for executive officers, and his initial annual incentive target was set at 50% of his annual base salary. Beginning in 2025, Mr. Cross will be eligible to participate in the Company’s cash LTIP for executive officers. Mr. Cross received an initial equity grant of 200,000 stock options and an initial RSU grant for 75,000 shares of the Company’s common stock. He is entitled to participate in the Company’s other benefit programs generally available to employees of the Company. David Stack, Former Chief Executive Officer On September 20, 2023, David Stack informed the board that he intended to retire as Chief Executive Officer of the Company and as Chairman and a member of the board effective immediately following the appointment of his successor as Chief Executive Officer in order to ensure a smooth transition of leadership. In connection with his retirement and the services Mr. Stack will provide during the transition period, the Company (though its operating subsidiary) and Mr. Stack entered into the Retirement Agreement. For more information, please see “Related Person Transactions” on page 36 and “Compensation Tables — Potential Payments Upon Termination or Change of Control — David Stack Retirement” on page 86. Pacira BioSciences, Inc. 2025 Proxy Statement | 71 TABLE OF CONTENTS Executive Compensation Charles A. Reinhart, III, Former Chief Financial Officer On February 26, 2024, the Company and Charles A. Reinhart, III, the Company’s former Chief Financial Officer, agreed that Mr. Reinhart would depart the Company, effective September 30, 2024. For more information, please see “Compensation Tables — Potential Payments Upon Termination or Change of Control — Charles A. Reinhart, III Departure” on page 86. Lauren Riker, Interim Chief Financial Officer On September 26, 2024, Lauren Riker, the Company’s Senior Vice President of Finance and principal accounting officer was appointed interim Chief Financial Officer of the Company (including as principal financial officer and continuing as principal accounting officer for SEC reporting purposes), effective October 1, 2024. As an executive officer of the Company