4//SEC Filing
Bencherif Merouane 4
Accession 0001140361-10-049581
CIK 0001124105other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 5:22 PM ET
Size
16.4 KB
Accession
0001140361-10-049581
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Bencherif Merouane
VP, Preclinical Research
Transactions
- Exercise/Conversion
Common Stock
2010-12-10$2.93/sh+10,624$31,128→ 32,093 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-10−10,624→ 23,908 totalExercise: $2.93Exp: 2019-01-08→ Common Stock (10,624 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-10−7,194→ 30,751 totalExercise: $5.55Exp: 2016-08-15→ Common Stock (7,194 underlying) - Exercise/Conversion
Common Stock
2010-12-10$5.55/sh+7,194$39,927→ 7,194 total - Exercise/Conversion
Common Stock
2010-12-10$8.51/sh+14,275$121,480→ 21,469 total - Sale
Common Stock
2010-12-10$24.05/sh−32,093$771,955→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-10−14,275→ 14,280 totalExercise: $8.51Exp: 2017-12-18→ Common Stock (14,275 underlying)
Footnotes (4)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.25, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]This option vested in installments and became vested and exercisable in full on June 30, 2010.
- [F3]This option vested (vests) in equal installments on the last day of 16 consecutive calendar quarters begininng with December 31, 2007.
- [F4]This option vested (vests) in equal installments on the last day of 16 consecutive calendar quarters begininng with March 31, 2009.
Documents
Issuer
TARGACEPT INC
CIK 0001124105
Entity typeother
Related Parties
1- filerCIK 0001295831
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 5:22 PM ET
- Size
- 16.4 KB