LUNDSTEDT KAREN S 4
4 · ISIS PHARMACEUTICALS INC · Filed Jan 5, 2004
Insider Transaction Report
Form 4
LUNDSTEDT KAREN S
Vice President
Transactions
- Other
Common Stock
2004-01-01$4.46/sh+1,942$8,666→ 5,407 total - Award
Employee Stock Option (right to buy)
2004-01-02$6.81/sh+20,160$137,290→ 20,160 totalExercise: $6.81From: 2008-01-02Exp: 2014-01-01→ Common Stock (20,160 underlying)
Footnotes (2)
- [F1]Reporting 1,942 shares acquired under the Isis Pharmaceuticals, Inc. 2000 Employee Stock Purchase Plan on January 1, 2004.
- [F2]25% of the shares subject to the option will vest and become exercisable on 1-2-05. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 5,040 shares per year. The option is exercisable as to 0 shares on 1-2-04.