SEC Form 4 · accession 0000874015-16-000144
IONIS PHARMACEUTICALS INC · IONS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley T Crooke
Officer — Chairman and CEO · Director
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 6:51 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 | Nov 9, 2016 | M | 10,000 | $10.29 | A | 35,029 | D | |
| Common StockF1,F2 | Nov 9, 2016 | S | 10,000 | $35.55 | D | 25,029 | D | |
| Common StockF1 | Nov 9, 2016 | M | 6,259 | $10.29 | A | 31,288 | D | |
| Common StockF1,F3 | Nov 9, 2016 | S | 6,259 | $37.10 | D | 25,029 | D | |
| Common StockF1 | Nov 9, 2016 | M | 3,741 | $7.25 | A | 28,770 | D | |
| Common StockF1 | Nov 9, 2016 | S | 3,741 | $37.50 | D | 25,029 | D | |
| Common StockF4 | Nov 9, 2016 | M | 1,000 | $10.29 | A | 3,170 | I | By wife |
| Common StockF4 | Nov 9, 2016 | S | 1,000 | $35.10 | D | 2,170 | I | By wife |
| Common StockF4 | Nov 9, 2016 | M | 1,000 | $10.29 | A | 3,170 | I | By wife |
| Common StockF4,F5 | Nov 9, 2016 | S | 1,000 | $37.25 | D | 2,170 | I | By wife |
| Common StockF1 | Nov 10, 2016 | M | 10,000 | $7.25 | A | 35,029 | D | |
| Common StockF1,F6 | Nov 10, 2016 | S | 10,000 | $40.23 | D | 25,029 | D | |
| Common StockF4 | Nov 10, 2016 | M | 1,000 | $10.29 | A | 3,170 | I | By wife |
| Common StockF4 | Nov 10, 2016 | S | 1,000 | $42.22 | D | 2,170 | I | By wife |
| Common Stock | holding | — | — | — | 725,391 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $10.29 | Nov 9, 2016 | M | 16,259 | D | Jan 3, 2015 | Jan 2, 2018 | Common Stock | 16,259 | 0 | D |
| Employee Stock Option (right to buy) | $7.25 | Nov 9, 2016 | M | 3,741 | D | Jan 3, 2016 | Jan 2, 2019 | Common Stock | 3,741 | 103,462 | D |
| Employee Stock Option (right to buy) | $10.29 | Nov 9, 2016 | M | 2,000 | D | Jan 3, 2015 | Jan 2, 2018 | Common Stock | 2,000 | 6,500 | I |
| Employee Stock Option (right to buy) | $7.25 | Nov 10, 2016 | M | 10,000 | D | Jan 3, 2016 | Jan 2, 2019 | Common Stock | 10,000 | 93,462 | D |
| Employee Stock Option (right to buy) | $10.29 | Nov 10, 2016 | M | 1,000 | D | Jan 3, 2015 | Jan 2, 2018 | Common Stock | 1,000 | 5,500 | I |
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 9/21/2015.
- F2The sale was a result of shares owned. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.10 to $36.00, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.50, 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 (3) on this Form 4.
- F4Acquired 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's wife on 9/21/2016.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.50, inclusive. The reporting person's wife 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 (5) on this Form 4.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.22 to $40.33, 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 (6) on this Form 4.