ISIS PHARMACEUTICALS INC 4
4 · ISIS PHARMACEUTICALS INC · Filed Sep 21, 2007
Insider Transaction Report
Form 4
Treble Michael J
Vice President
Transactions
- Sale
Common Stock
2007-09-21$14.95/sh−10,000$149,500→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2007-09-21−10,000→ 60,000 totalExercise: $5.95From: 2005-12-06Exp: 2011-12-05→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2007-09-21$5.95/sh+10,000$59,500→ 10,000 total
Footnotes (3)
- [F1]The purchase reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 1/12/07.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 1/12/07.
- [F3]Stock option under the Isis Pharmaceuticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 12/6/05. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 22,500 shares per year. The option was exercisable as to 41,875 shares on 9/21/07 prior to the reported exercise.