TORRES LAURIE C 4
4 · PROTEIN DESIGN LABS INC/DE · Filed Aug 8, 2005
Insider Transaction Report
Form 4
TORRES LAURIE C
VP, Human Resources
Transactions
- Exercise/Conversion
Employee Stock Option (Right to buy)
2005-08-04−2,188→ 61,250 totalExercise: $13.29Exp: 2013-11-03→ Common Stock (2,188 underlying) - Exercise/Conversion
Common Stock
2005-08-04$13.29/sh+2,188$29,079→ 14,688 total - Sale
Common Stock
2005-08-04$25.73/sh−2,188$56,293→ 12,500 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.