Druzgala Pascal 4
4 · ARYx Therapeutics, Inc. · Filed Aug 19, 2009
Insider Transaction Report
Form 4
Druzgala Pascal
Sr. V.P. & Chief Scien.Off.
Transactions
- Other
Common Stock
2009-08-17−8,982→ 0 total(indirect: See footnote) - Other
Common Stock
2009-08-17−8,982→ 0 total(indirect: See footnote)
Holdings
- 172,941
Common Stock
- 0(indirect: See footnote)
Common Stock
Footnotes (7)
- [F1]Pursuant to the distribution requirements of the Susan C. Price 2007-1 Grantor Retained Annuity Trust (the "Price Trust"), the reporting person, as Trustee of the Price Trust, transferred 8,982 shares to Susan C. Price, as an individual.
- [F2]Shares were held in the Susan C. Price 2007-1 Grantor Retained Annuity Trust for which reporting person was Trustee. Reporting person disclaimed beneficial ownership of these shares.
- [F3]Pursuant to the distribution requirements of the Peter G. Milner 2007-1 Grantor Retained Annuity Trust (the "Milner Trust"), the reporting person, as Trustee of the Milner Trust, transferred 8,982 shares to Peter G. Milner, as an individual.
- [F4]Shares were held in the Peter G. Milner 2007-1 Grantor Retained Annuity Trust for which reporting person was Trustee. Reporting person disclaimed beneficial ownership of these shares.
- [F5]The value of the shares transferred was based on the closing price of the issuer's stock on July 16, 2009, which was $3.11.
- [F6]The direct holdings of the reporting person give effect to the acquisition of 15,257 shares resulting from the distribution of shares from the Pascal J. Druzgala 2007-1 Grantor Retained Annuity Trust to the reporting person and the purchase by the reporting person of 986 shares under the Company's Employe Stock Purchase Plan on May 14, 2009.
- [F7]The indirect holdings of the reporting person in the Pascal J. Druzgala 2007-1 Grantor Retained Annuity Trust (the "Druzgala Trust") reflect the distribution of 15,257 shares by the Druzgala Trust to the reporting person pursuant to the distribution requirements of the Druzgala Trust.