PROTEIN DESIGN LABS INC/DE 4
4 · PROTEIN DESIGN LABS INC/DE · Filed Aug 5, 2005
Insider Transaction Report
Form 4
TORRES LAURIE C
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2005-08-03$13.29/sh+2,187$29,065→ 14,687 total - Sale
Common Stock
[F1]2005-08-03$26.10/sh−2,187$57,081→ 12,500 total - Exercise/Conversion
Employee Stock Option (Right to buy)
[F2]2005-08-03−2,187→ 63,438 totalExercise: $13.29Exp: 2013-11-03→ Common Stock (2,187 underlying)
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.
Signature
/s/ Glen Y. Sato by Glen Y. Sato, Attorney in Fact for Laurie C. Torres|2005-08-05