SEC Form 4 · accession 0000886163-18-000026
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
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 6:39 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 | Feb 23, 2018 | M | 1,004 | $9.97 | A | 95,835 | D | |
| Common Stock | Feb 23, 2018 | M | 5,444 | $14.47 | A | 101,279 | D | |
| Common Stock | Feb 23, 2018 | S | 5,444 | $152.9801 | D | 95,835 | 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 | Feb 23, 2018 | M | 1,004 | D | — | Apr 18, 2021 | Common Stock | 1,004 | 42,081 | D |
| Employee Stock Option (right to buy)F2 | $14.47 | Feb 23, 2018 | M | 5,444 | D | — | Feb 9, 2022 | Common Stock | 5,444 | 54,556 | 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.
- F2Grant 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 02/09/12.