Hodges Mauri K 4
4 · TARGACEPT INC · Filed Dec 20, 2010
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Hodges Mauri K
VP Fin + Corp Sys & Controller
Transactions
- Exercise/Conversion
Common Stock
2010-12-16$8.51/sh+2,700$22,977→ 3,859 total - Sale
Common Stock
2010-12-16$25.24/sh−2,700$68,142→ 1,159 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-16−2,700→ 18,390 totalExercise: $8.51Exp: 2017-12-18→ Common Stock (2,700 underlying)
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.11 to $25.33, 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 (vests) in equal installments on the last day of 16 consecutive calendar quarters beginning with December 31, 2007.