ATHEROGENICS INC 4
4 · ATHEROGENICS INC · Filed May 5, 2006
Insider Transaction Report
Form 4
ATHEROGENICS INCAGIX
ATTICUS CAPITAL LLC
10% Owner
Transactions
- Sale
Stock Option (Right to Buy)
2006-05-03$3.80/sh−2,400$9,120→ 0 total(indirect: See Note)Exercise: $15.00Exp: 2007-01-20→ Common Stock (240,000 underlying) - Sale
Stock Option (Right to Buy)
2006-05-03$1.40/sh−2,632$3,685→ 0 total(indirect: See Note)Exercise: $30.00Exp: 2007-01-20→ Common Stock (263,200 underlying) - Sale
Stock Option (Right to Buy)
2006-05-03$1.90/sh−1,200$2,280→ 0 total(indirect: See Note)Exercise: $25.00Exp: 2007-01-20→ Common Stock (120,000 underlying) - Purchase
Stock Option (Right to Buy)
2006-05-03$9.32/sh−2,400$22,368→ 2,400 total(indirect: See Note)Exercise: $15.00Exp: 2008-01-18→ Common Stock (240,000 underlying) - Purchase
Stock Option (Right to Buy)
2006-05-03$6.67/sh−1,200$8,004→ 1,200 total(indirect: See Note)Exercise: $25.00Exp: 2008-01-18→ Common Stock (120,000 underlying) - Purchase
Stock Option (Right to Buy)
2006-05-03$5.67/sh−2,632$14,923→ 2,632 total(indirect: See Note)Exercise: $30.00Exp: 2008-01-18→ Common Stock (263,200 underlying)
Footnotes (3)
- [F1]Exercisable immediately.
- [F2]This statement is being filed by Atticus Management LLC, f/k/a Atticus Capital, L.L.C., a Delaware limited liability company ("Atticus Management"). Atticus Capital LP, a Delaware limited partnership ("Atticus Capital") and Timothy R. Barakett are additional reporting persons (collectively with Atticus Management, the "Reporting Persons"). Effective as of January 1, 2006, Atticus Management effected a restructuring in which it assigned to Atticus Capital its rights and obligations under the investment management agreements with its clients and following the restructuring it changed its name to "Atticus Management LLC".
- [F3]Mr. Barakett is the Chairman, Chief Executive Officer and Managing Member of Atticus Management. Atticus Management is the sole general partner of Atticus Capital. Atticus Capital, together with certain of its affiliated entities (collectively, the "Atticus Entities"), acts as adviser for various investment funds (the "Funds") and managed accounts (the "Accounts"). Based on his relationship with the Atticus Entities, Mr. Barakett is deemed to be a beneficial owner of the securities owned by the Funds and the Accounts for purposes of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934. Mr. Barakett, Atticus Management and Atticus Capital disclaim beneficial ownership within the meaning of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934 in the Securities owned by the Funds and the Accounts except to the extent, if any, of their pecuniary interest therein.