Summary by Moomoo AI
Illumina, Inc. executive Jakob Wedel Christensen, serving as SVP of Strategy and Corporate Development, has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per Form 3 requirements. The filing, dated April 15, 2024, indicates Christensen's direct ownership of 3,356 shares of common stock. Additionally, the document details Christensen's beneficial ownership of derivative securities in the form of performance shares, which are contingent on the company's financial performance metrics and will vest on January 3, 2027. The performance shares could yield between 0% to 200% of the 1,393 shares specified, based on the achievement of pre-defined objectives and Christensen's continued service with the company. The filing was completed on April 24, 2024, by Robert Maynes on behalf of Christensen.