Home/Filings/4/0001209191-10-031108
4//SEC Filing

Gillespie Deirdre 4

Accession 0001209191-10-031108

CIK 0000920465other

Filed

May 27, 8:00 PM ET

Accepted

May 28, 3:36 PM ET

Size

12.8 KB

Accession

0001209191-10-031108

Insider Transaction Report

Form 4
Period: 2010-05-26
Gillespie Deirdre
DirectorPresident & CEO
Transactions
  • Award

    Series D-1 Convertible Pfd Stock Warrants (right to buy)

    2010-05-26+104104 total
    Exercise: $1000.00From: 2010-05-26Exp: 2013-05-26Series D-1 Convertible Preferred Stock (104 underlying)
  • Award

    Common Stock

    2010-05-26$0.03/sh+437,649$13,129437,649 total
  • Award

    Series C-1 Convertible Preferred Stock

    2010-05-26$1000.00/sh+104$104,000104 total
    Exercise: $0.01From: 2010-12-03Common Stock (6,933,368 underlying)
  • Award

    Series C-2 Convertible Pfd Stock Warrants (right to buy)

    2010-05-26+208208 total
    Exercise: $1000.00From: 2010-05-26Exp: 2013-05-26Series C-2 Convertible Preferred Stock (208 underlying)
Footnotes (3)
  • [F1]The Series C-1 Convertible Preferred Stock (the "Series C-1 Stock") is initially convertible into shares of common stock of La Jolla Pharmaceutical Company at a price per share of $0.015, but such conversion price will be adjusted for certain events, such as stock splits, stock dividends, reclassifications and recapitalizations, and is subject to full-ratchet anti-dilution protection such that any subsequent issuance of common stock below $0.015 automatically adjusts the conversion price of the Series C-1 Stock to such lower price.
  • [F2]The Series C-1 Stock does not have a set expiration date, although the holders of such stock may require the Company to redeem the Series C-1 Stock upon certain events.
  • [F3]Upon exercise of these Series C-2 Convertible Preferred Stock Warrants, Dr. Gillespie will receive up to 208 shares of Series C-2 Convertible Preferred Stock and warrants to purchase up to 208 shares of Series D-2 Convertible Preferred Stock.

Issuer

LA JOLLA PHARMACEUTICAL CO

CIK 0000920465

Entity typeother

Related Parties

1
  • filerCIK 0001354737

Filing Metadata

Form type
4
Filed
May 27, 8:00 PM ET
Accepted
May 28, 3:36 PM ET
Size
12.8 KB