TORRES LAURIE C 4
4 · PROTEIN DESIGN LABS INC/DE · Filed Jun 22, 2005
Insider Transaction Report
Form 4
TORRES LAURIE C
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2005-06-20$13.29/sh+39,375$523,294→ 39,375 total - Exercise/Conversion
Employee Stock Option (Right to buy)
2005-06-20−39,375→ 65,625 totalExercise: $13.29Exp: 2013-11-03→ Common Stock (39,375 underlying) - Sale
Common Stock
2005-06-20$19.69/sh−39,375$775,294→ 0 total
Footnotes (2)
- [F1]Sale was made pursuant to a 10b5-1 plan established by the reporting person.
- [F2]Options vest 1/4 on the first anniversary of the vesting date and there after vest 1/48 per month. Only vested options are exercisable.