Statement of Changes in Beneficial Ownership (4)
March 06 2023 - 04:44PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Farmer
Michele |
2. Issuer Name and Ticker or Trading
Symbol PACIFIC BIOSCIENCES OF CALIFORNIA, INC. [ PACB
] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
See Remarks |
(Last)
(First)
(Middle)
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.,, 1305 O'BRIEN
DRIVE |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/2/2023
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(Street)
MENLO PARK, CA 94025
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
3/2/2023 |
|
A |
|
52100 (1) |
A |
$0 |
115895 (2) |
D |
|
Common Stock |
3/3/2023 |
|
S |
|
3153 (3) |
D |
$9.493 (4) |
112742 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
Each share is represented by
a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual
installments on February 15th of each of 2024, 2025, 2026, and
2027, provided that the Reporting Person continues to serve through
each applicable vesting date. |
(2) |
Includes 3,441 shares
purchased on September 1, 2022 and March 1, 2023 under the
Company's 2010 Employee Stock Purchase Plan. |
(3) |
Represents the number of
shares automatically sold to cover tax withholding obligations in
connection with the vesting of restricted stock units. |
(4) |
This sale price represents
the weighted average sale price of the shares sold ranging from
$9.24 to $9.71 per share. Upon request by the Commission staff, the
Issuer, or a security holder of the Issuer, the Reporting Person
will provide full information regarding the number of shares sold
at each separate price within the range set forth in this Form
4. |
Remarks:
Chief Accounting Officer |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Farmer Michele
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.,
1305 O'BRIEN DRIVE
MENLO PARK, CA 94025 |
|
|
See Remarks |
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Signatures
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/s/ Michele Farmer |
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3/6/2023 |
**Signature of
Reporting Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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