4//SEC Filing
Bencherif Merouane 4
Accession 0001140361-11-003589
CIK 0001124105other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 5:40 PM ET
Size
18.3 KB
Accession
0001140361-11-003589
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Bencherif Merouane
VP, Preclinical Research
Transactions
- Exercise/Conversion
Common Stock
2011-01-18$5.55/sh+22,800$126,540→ 22,800 total - Sale
Common Stock
2011-01-19$27.09/sh−30,203$818,257→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-01-19−7,951→ 0 totalExercise: $5.55Exp: 2016-08-15→ Common Stock (7,951 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2011-01-19−22,252→ 0 totalExercise: $1.75Exp: 2013-10-30→ Common Stock (22,252 underlying) - Exercise/Conversion
Common Stock
2011-01-19$5.55/sh+7,951$44,128→ 7,951 total - Sale
Common Stock
2011-01-18$27.17/sh−22,800$619,476→ 0 total - Exercise/Conversion
Common Stock
2011-01-19$1.75/sh+22,252$38,941→ 30,203 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-01-18−22,800→ 7,951 totalExercise: $5.55Exp: 2016-08-15→ Common Stock (22,800 underlying)
Footnotes (4)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.94 to $27.75, 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]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.69 to $27.44, 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.
- [F3]This option vested in installments and became vested and exercisable in full on June 30, 2010.
- [F4]This option vested in installments and became vested and exercisable in full on September 30, 2007.
Documents
Issuer
TARGACEPT INC
CIK 0001124105
Entity typeother
Related Parties
1- filerCIK 0001295831
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 5:40 PM ET
- Size
- 18.3 KB