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4//SEC Filing

GARNICK MARC B 4

Accession 0001033025-03-000003

CIK 0001033025other

Filed

Nov 13, 7:00 PM ET

Accepted

Nov 14, 6:39 PM ET

Size

10.1 KB

Accession

0001033025-03-000003

Insider Transaction Report

Form 4
Period: 2003-11-13
GARNICK MARC B
EVP and Chief Medical Officer
Transactions
  • Gift

    Common Stock, par value $.01 per share

    2003-09-1736,000407,722 total
  • Award

    Stock Option (Right to Buy)

    2003-11-13+87,50087,500 total
    Exercise: $6.68From: 2003-12-13Exp: 2013-11-13Common Stock, par value $.01 per share (87,500 underlying)
Holdings
  • Common Stock, par value $.01 per share

    (indirect: By Trust)
    25,270
Footnotes (3)
  • [F1]These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on 09/17/2003.
  • [F2]The term of the option is ten years from the date of grant.
  • [F3]These options vest and become exercisable in equal monthly installments over a three-year period. These options shall vest and become immediately exercisable in the event that the recipient is terminated in connection with a change of control of the Company.

Issuer

PRAECIS PHARMACEUTICALS INC

CIK 0001033025

Entity typeother

Related Parties

1
  • filerCIK 0001215549

Filing Metadata

Form type
4
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 6:39 PM ET
Size
10.1 KB