Hodges Mauri K 4
4 · TARGACEPT INC · Filed Mar 3, 2011
Insider Transaction Report
Form 4
TARGACEPT INCTRGT
Hodges Mauri K
VP Fin + Corp Sys & Controller
Transactions
- Exercise/Conversion
Common Stock
2011-03-01$5.55/sh+12,703$70,502→ 13,862 total - Exercise/Conversion
Common Stock
2011-03-02$5.55/sh+200$1,110→ 1,359 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-03-02−200→ 13,228 totalExercise: $5.55Exp: 2016-08-15→ Common Stock (200 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2011-03-01−12,703→ 13,428 totalExercise: $5.55Exp: 2016-08-15→ Common Stock (12,703 underlying) - Sale
Common Stock
2011-03-01$30.16/sh−12,703$383,144→ 1,159 total - Sale
Common Stock
2011-03-02$30.00/sh−200$6,000→ 1,159 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.35, 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.