Pacific Biosciences Grants Equity Incentive Award to New Employee

MENLO PARK, Calif., June 11, 2021 (GLOBE NEWSWIRE) -- Pacific Biosciences of California, Inc. (NASDAQ: PACB) (Pacific Biosciences or the Company), a leading provider of high-quality sequencing platforms, today announced that the Compensation Committee of the Companys Board of Directors granted non-qualified stock options covering an aggregate of 80,000 shares of Pacific Biosciences common stock, and restricted stock units (RSUs) covering 40,000 shares of Pacific Biosciences common stock, to a recently hired employee under the Pacific Biosciences 2020 Inducement Equity Incentive Plan (the 2020 Inducement Plan) effective on June 7, 2021.