Hicks Karen A 4
4 · TARGACEPT INC · Filed Jan 18, 2011
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Hicks Karen A
VP Human Resources
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2011-01-13−3,369→ 15,469 totalExercise: $2.93Exp: 2019-01-08→ Common Stock (3,369 underlying) - Exercise/Conversion
Common Stock
2011-01-13$2.93/sh+3,369$9,871→ 3,369 total - Sale
Common Stock
2011-01-14$27.50/sh−1,719$47,273→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-01-14−1,719→ 13,750 totalExercise: $2.93Exp: 2019-01-08→ Common Stock (1,719 underlying) - Exercise/Conversion
Common Stock
2011-01-14$2.93/sh+1,719$5,037→ 1,719 total - Sale
Common Stock
2011-01-13$27.24/sh−3,369$91,760→ 0 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.20 to $27.41, 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 March 31, 2009.