PROTEIN DESIGN LABS INC/DE 4
4 · PROTEIN DESIGN LABS INC/DE · Filed May 26, 2005
Insider Transaction Report
Form 4
SATO GLEN Y
SVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2005-05-24$7.83/sh+10,000$78,300→ 11,738 total - Sale
Common Stock
2005-05-24$19.75/sh−10,000$197,500→ 1,738 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-05-24−10,000→ 115,000 totalExercise: $7.83Exp: 2013-04-11→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Sale was made pursuant to a 10b5-1 plan established by the reporting person.
- [F2]Includes 1,347 shares acquired under the Company's IRC ?423 qualified Employee Stock Purchase Plan in June and December 2004.
- [F3]Options vest 1/4 on the first anniversary of the vesting date and thereafter vest 1/48 per month. Only vested options are exercisable.