LIGAND PHARMACEUTICALS INC 4
4 · LIGAND PHARMACEUTICALS INC · Filed Jun 2, 2008
Insider Transaction Report
Form 4
Perry Jeffrey R
Director
Transactions
- Award
Common Stock
2008-05-29+5,000→ 33,953 total
Footnotes (2)
- [F1]The shares of restricted common stock will vest on the first anniversary of the date of grant. No price applies.
- [F2]The reporting person is an employee of Third Point LLC ("Third Point"), which acts as investment manager to a variety of funds and managed accounts (the "Funds"). The reporting person was granted the 5,000 shares of restricted common stock reported herein in connection with his service as a member of the Issuer's board of directors. Pursuant to Third Point policy, the reporting person expects to assign such shares of restricted stock (or the economic benefits thereof), and all compensation received by him as consideration for his service as a member of the Issuer's board of directors, to the Funds.