SEC Form 4 · accession 0000874015-16-000135
IONIS PHARMACEUTICALS INC · IONS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Lynne Parshall
Officer — COO · Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 6:52 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 StockF1 | Sep 1, 2016 | M | 8,865 | $7.25 | A | 25,558 | D | |
| Common StockF1,F2 | Sep 1, 2016 | S | 8,865 | $29.8154 | D | 16,693 | D | |
| Common StockF1 | Sep 1, 2016 | M | 3,635 | $14.69 | A | 20,328 | D | |
| Common StockF1 | Sep 1, 2016 | S | 3,635 | $30.05 | D | 16,693 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy) | $7.25 | Sep 1, 2016 | M | 8,865 | D | Jan 3, 2016 | Jan 2, 2019 | Common Stock | 8,865 | 0 | D |
| Employee Stock Option (right to buy)F3 | $14.69 | Sep 1, 2016 | M | 3,635 | D | Jan 2, 2014 | Jan 29, 2020 | Common Stock | 3,635 | 24,910 | D |
Explanation of responses
- F1Acquired as a result of exercising a stock option pursuant to Rule 10b5-1 Trading Plan. The purchase and sale reported on this Form 4 was effective pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on 7/13/2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.80 to $30.05, inclusive. The reporting person undertakes to provide to Ionis Pharmaceuticals, Inc., any security holder of Ionis Pharmaceuticals, Inc. 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 ranges set forth in footnote (2) on this Form 4.
- F3Grant of 1/30/2013 to reporting person of stock options under the Ionis Pharmaceuticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 1/2/2014. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 15,570 shares per year. Following this transaction, the option was exercisable as to 18,422 on 9/1/2016.