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4//SEC Filing

KRANZLER JAY D 4

Accession 0000716054-09-000019

CIK 0000716054other

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 1:35 PM ET

Size

10.9 KB

Accession

0000716054-09-000019

Insider Transaction Report

Form 4
Period: 2009-08-03
KRANZLER JAY D
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Stock Options (right to buy)

    2009-08-0375,00037,874 total
    Exercise: $2.51From: 2007-03-27Exp: 2013-03-27Common Stock (75,000 underlying)
  • Exercise/Conversion

    Common Stock

    2009-08-03$2.51/sh+75,000$188,250171,742 total(indirect: By Trust)
  • Sale

    Common Stock

    2009-08-03$8.69/sh75,000$651,84896,742 total(indirect: By Trust)
Holdings
  • Common Stock

    625
  • Common Stock

    (indirect: By 401(k))
    204,412
Footnotes (4)
  • [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 1, 2009.
  • [F2]The weighted average sale price for the transaction reported was $8.6913, the range of prices were between $8.53 and $8.95. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
  • [F3]The shares subject to the option were fully vested as of March 27, 2007.
  • [F4]Includes 72,187 shares acquired on June 30, 2009 under the Issuer's 401(k) Plan, of which the Reporting Person is the Trustee and has voting power over such shares.

Issuer

CYPRESS BIOSCIENCE INC

CIK 0000716054

Entity typeother

Related Parties

1
  • filerCIK 0001055666

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 1:35 PM ET
Size
10.9 KB