SEC Form 4 · accession 0000886163-17-000037
LIGAND PHARMACEUTICALS INC · LGND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew W Foehr
Officer — President and COO
Period of report
Mar 2, 2017
Accepted (ET)
Mar 3, 2017 · 6:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886163
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2017 | M | 6,879 | $9.97 | A | 97,599 | D | |
| Common Stock | Mar 2, 2017 | S | 6,879 | $103.3891 | D | 90,720 | D | |
| Common Stock | Mar 3, 2017 | M | 2,000 | $9.97 | A | 92,720 | 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 Option (right to buy)F1 | $9.97 | Mar 2, 2017 | M | 6,879 | D | — | Apr 18, 2021 | Common Stock | 6,879 | 59,856 | D |
| Employee Stock Option (right to buy)F1 | $9.97 | Mar 3, 2017 | M | 2,000 | D | — | Apr 18, 2021 | Common Stock | 2,000 | 57,856 | D |
Explanation of responses
- F1Grant to reporting person of options, exercisable over a 4-year period measured from the date of grant, 12-1/2% after six months, then 1/48th of the Option Shares per month thereafter. The date of grant is 04/18/11.