Alexander KarpAlexander Karp earned $1B in 2024

In 2020, Michael Hunkapiller earned $5.04M in total compensation at Pacific Biosciences of California, including $582.90K salary and $3.87M in stock. Most recently sold 234,246 shares in Feb 2021. Currently holds stock worth $1.84M. Led Pacific Biosciences of California as CEO for 8 years.

Compensation History

Annual executive compensation data for Michael Hunkapiller, including salary, bonuses, and stock awards.

Year

2020

Total Compensation

$5.04M

Salary

$582.90K

Bonus

$0.00

Other

$582.90K

Salary

$582.90K

Board Justification

The compensation philosophy is designed to attract and retain key executives while aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonuses were awarded for 2020 due to his transition out of the CEO role and the lack of a cash incentive plan for the first half of the year.

Other Compensation

$582.90K

Board Justification

Cash severance of $582,900 was paid in connection with his departure from the Company as an employee.

Restricted Stock

$3.87M150K RSUs

Board Justification

150,000 RSUs vested in 2020 as part of his compensation package, subject to continued service until the vesting date.

Performance Metrics

The performance metrics for 2020 were not applicable to Dr. Hunkapiller as he transitioned out of his role as CEO.

P

Michael Hunkapiller

Ex-CEO of Pacific Biosciences of California

Education

Ph.D. in Chemical Biology from the California Institute of Technology; B.S. in Chemistry from Oklahoma Baptist University.

Field of Expertise

Healthcare & Life Sciences - Biology

Sector of Economy

Healthcare

Born

September 9, 1957 - 68 years ago

CEO of Pacific Biosciences of California for

8 years 11 months (Jan 2012 - Dec 2020)

Previous Experience

General Partner at Alloy Ventures, Venture Capital Firm; 21 years at Applied Biosystems in various positions, including president and general manager.

Holdings

Track Michael Hunkapiller's stock holdings and portfolio value over time.

Total Stock Sold

$141.86M

PACB

$141.86M

7,042,889 PACB shares

What if they kept their stock?

If Michael Hunkapiller didn't sell their stock, today they would have:
Extra PACB7,042,889 shares worth $15.28M.
This is -89.23% and $126.58M less than what they got when they sold the stock.

Insider Trading

Michael Hunkapiller's recent stock transactions, purchases, and sales filed with the SEC.

PACB

$7.51M

PACB at $32.06/share

Feb 26, 2021

Sale

PACB

$21.10M

PACB at $34.83/share

Feb 24, 2021

Sale

PACB

$21.76M

PACB at $36.12/share

Feb 22, 2021

Sale

PACB

$4.58M

PACB at $36.53/share

Jan 25, 2021

Sale

PACB

$23.65M

PACB at $37.87/share

Jan 20, 2021

Sale

PACB

$16.72M

PACB at $23.88/share

Dec 21, 2020

Sale

PACB

$21.46K

PACB at $14.39/share

Nov 24, 2020

Sale

PACB

$6.02M

PACB at $15.07/share

Nov 20, 2020

Sale

PACB

$634.32K

PACB at $15.63/share

Nov 18, 2020

Sale

PACB

$675.35K

PACB at $15.90/share

Nov 16, 2020

Sale

Rivals

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