Caldwell William S 4
4 · TARGACEPT INC · Filed Dec 14, 2010
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Caldwell William S
VP - Drug Discovery and Dev.
Transactions
- Exercise/Conversion
Common Stock
2010-12-13$1.75/sh+12,000$21,000→ 19,735 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-13−12,000→ 0 totalExercise: $1.75Exp: 2015-03-28→ Common Stock (12,000 underlying) - Sale
Common Stock
2010-12-13$23.95/sh−12,000$287,377→ 7,735 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.76 to $24.00, 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 December 31, 2008.