Company: PCRX
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050176
Chunk: 81

Company: Pacira BioSciences, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 81
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 board of directors of any parent or subsidiary, or following a bona fide period of non-employment by the Company or a parent or subsidiary, if they are granted such award in connection with their commencement of employment with the Company or a subsidiary and such grant is an inducement material to their 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.

Pacira BioSciences, Inc.  |  Q3 2025 Form 10-Q  |  26

Stock-Based CompensationThe Company recognized stock-based compensation expense in the periods presented as follows (in thousands):Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Cost of goods sold$1,506 $1,509 $4,904 $3,896 Research and development2,326 1,794 6,974 5,522 Selling, general and administrative10,146 9,137 32,125 25,970 Contingent consideration charges (gains), acquisition-related expenses, restructuring and other— 790 — 3,517         Total$13,978 $13,230 $44,003 $38,905 Stock-based compensation from:    Stock options$3,403 $4,767 $12,152 $17,292     Restricted stock units10,383 8,276 30,670 21,003     Employee stock purchase plan share options192 187 1,181 610         Total$13,978 $13,230 $44,003 $38,905 Equity AwardsThe following tables contain information about the Company’s stock option and restricted stock unit, or RSU, activity for the nine months ended September 30, 2025:Stock Options Number of Stock Options Weighted Average Exercise Price (Per Share) Outstanding at December 31, 20246,845,618 $42.95      Granted485,232 25.30      Exercised(726)15.14      Forfeited(202,193)42.18