LOWENSTAM PATRICIA 4
4 · ISIS PHARMACEUTICALS INC · Filed Jan 4, 2005
Insider Transaction Report
Form 4
LOWENSTAM PATRICIA
Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2005-01-03+18,158→ 18,158 totalExercise: $5.80From: 2009-01-03Exp: 2012-01-02→ Common Stock (18,158 underlying)
Footnotes (1)
- [F1]Grant of 1-3-05 to reporting person of stock options under the Isis Pharmaceuticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option will vest and become exercisable on 1-3-06. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 4,540 shares per year for the first two years, then 4,539 shares for the remaining two years. The option is exercisable as to 0 shares on 1-3-05.