SEC Form 4 · accession 0000874015-15-000021
IONIS PHARMACEUTICALS INC · IONS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth L Hougen
Officer — SVP, Finance & CFO
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 7:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874015
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | M | 541 | $0.00 | A | 1,836 | D | |
| Common StockF2 | Jan 16, 2015 | S | 207 | $67.964 | D | 1,629 | D | |
| Common StockF3 | Jan 15, 2015 | M | 313 | $0.00 | A | 1,942 | D | |
| Common StockF4 | Jan 16, 2015 | S | 120 | $67.964 | D | 1,822 | D | |
| Common StockF3 | Jan 15, 2015 | M | 654 | $0.00 | A | 2,476 | D | |
| Common StockF4 | Jan 16, 2015 | S | 250 | $67.964 | D | 2,226 | D | |
| Common StockF5 | Jan 15, 2015 | M | 1,875 | $0.00 | A | 4,101 | D | |
| Common StockF6 | Jan 16, 2015 | S | 714 | $67.964 | D | 3,387 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F8 | — | Jan 15, 2015 | A | 5,518 | A | — | — | Common Stock | 5,518 | 5,518 | D |
| Restricted Stock UnitsF2,F7,F9 | — | Jan 15, 2015 | M | 541 | D | — | — | Common Stock | 541 | 541 | D |
| Restricted Stock UnitsF4,F7,F10 | — | Jan 15, 2015 | M | 313 | D | — | — | Common Stock | 313 | 624 | D |
| Restricted Stock UnitsF4,F7,F10 | — | Jan 15, 2015 | M | 654 | D | — | — | Common Stock | 654 | 1,307 | D |
| Restricted Stock UnitsF6,F7,F11 | — | Jan 15, 2015 | M | 1,875 | D | — | — | Common Stock | 1,875 | 5,625 | D |
Explanation of responses
- F1Acquired pursuant to vesting and release of shares pursuant to a RSU award granted on January 15, 2012.
- F10Restricted Stock Unit Award granted on January 15, 2013. Restricted Stock Units vest in equal annual installments, the first installment vested on January 15, 2014. Upon vesting, the restricted stock units will be paid out in whole shares of Isis common stock or cash as may be determined by the Company. The RSU shall be fully vested on January 15, 2017.
- F11Restricted Stock Unit Award granted on January 15, 2014. Restricted Stock Units vest in equal annual installments, the first installment vested on January 15, 2015. Upon vesting, the restricted stock units will be paid out in whole shares of Isis common stock or cash as may be determined by the Company. The RSU shall be fully vested on January 15, 2018.
- F2The sale was made pursuant to an automatic sale to cover the required tax withholding obligations pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement and Grant Notice, dated January 15, 2012.
- F3Acquired pursuant to vesting and release of shares pursuant to a RSU award granted on January 15, 2013.
- F4The sale was made pursuant to an automatic sale to cover the required tax withholding obligations pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement and Grant Notice, dated January 15, 2013.
- F5Acquired pursuant to vesting and release of shares pursuant to a RSU award granted on January 15, 2014.
- F6The sale was made pursuant to an automatic sale to cover the required tax withholding obligations pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement and Grant Notice, dated January 15, 2014.
- F7Each Restricted Stock Unit represents a contingent right to receive one share of Isis common stock, or its equivalent cash value.
- F8Grant 1/15/2015 to reporting person of Restricted Stock Units under the Isis Pharmaceuticals, Inc. 2011 Equity Incentive Plan. Restricted Stock Units vest in four equal annual installments, the first installment vesting on January 15, 2016. Upon vesting, the restricted stock units will be paid out in whole shares of Isis common stock or cash as may be determined by the Company. The RSU shall be fully vested on January 15, 2019. The RSU is vested as to 0 shares on January 15, 2015.
- F9Restricted Stock Unit Award granted on January 15, 2012. Restricted Stock Units vest in equal annual installments, the first installment vested on January 15, 2013. Upon vesting, the restricted stock units will be paid out in whole shares of Isis common stock or cash as may be determined by the Company. The RSU shall be fully vested on January 15, 2016.