SEC Form 4 · accession 0000874015-15-000063
IONIS PHARMACEUTICALS INC · IONS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Loscalzo
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 5:59 pm EDT
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 Stock | Jul 1, 2015 | M | 667 | $0.00 | A | 1,605 | 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 UnitsF2,F3 | — | Jul 1, 2015 | M | 667 | D | — | — | Common Stock | 667 | 2,000 | D |
| Restricted Stock UnitsF2,F4 | — | Jul 1, 2015 | A | 2,667 | A | — | — | Common Stock | 2,667 | 2,667 | D |
| Director Stock Option (right to buy)F5 | $57.16 | Jul 1, 2015 | A | 16,000 | A | Jul 1, 2016 | Jun 30, 2025 | Common Stock | 16,000 | 16,000 | D |
Explanation of responses
- F1Acquired pursuant to vesting and release of shares pursuant to an RSU award granted on July 1, 2014.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of Isis common stock, or its equivalent cash value.
- F3Restricted Stock Unit Award granted on July 1, 2014. Restricted Stock Units vest in equal annual installments, the first installment vested on July 1, 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 July 1, 2018.
- F4Grant of July 1, 2015 to reporting person of Restricted Stock Unit Award under the Isis Pharmacueticals, Inc. Amended and Restated 2002 Non-Employee Directors' Stock Option Plan. Restricted Stock Units vest in four equal annual installments, the first installment vesting on July 1, 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 July 1, 2019. The RSU is vested as to 0 shares on July 1, 2015.
- F5Grant of 7/1/2015 to reporting person of stock options under the Isis Pharmacueticals, Inc. Amended & Restated 2002 Non-Employee Directors' Stock Option Plan. The option vests and becomes exercisable in four equal annual installments, the first installment vesting on 7/1/2016. The option shall be fully vested and exercisable on 7/1/2019. The stock option was exercisable as to 0 shares on 7/1/2015.