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LIGAND PHARMACEUTICALS INC·4

Feb 22, 11:53 AM ET

Kazmi Syed 4

4 · LIGAND PHARMACEUTICALS INC · Filed Feb 22, 2011

Insider Transaction Report

Form 4
Period: 2011-02-17
LIGAND PHARMACEUTICALS INCLGND
Kazmi Syed
VP, Bus. Dev. & Strategic Plan
Transactions
  • Award

    Incentive Stock Option (right to buy)

    2011-02-17$10.05/sh+7,513$75,506→ 7,513 total
    Exercise: $10.05Exp: 2021-02-17→ Common Stock (7,513 underlying)
  • Award

    Common Stock

    2011-02-17+3,000→ 15,396 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2011-02-17$10.05/sh+2,487$24,994→ 2,487 total
    Exercise: $10.05Exp: 2021-02-17→ Common Stock (2,487 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2011-02-17$10.05/sh+30,000$301,500→ 30,000 total
    Exercise: $10.05Exp: 2011-02-17→ Common Stock (30,000 underlying)
Footnotes (2)
  • [F1]Grant to reporting person of options, exercisable over a 4-year period measured from the date of grant, 12-1/2% after six months, then 1/48th of the Optioned Shares per month thereafter.
  • [F2]The options vest upon satisfaction of certain performance criteria for the year ended December 31, 2011.

Documents

1 file
  • 4
    edgardoc.xmlPrimary

    PRIMARY DOCUMENT