SEC Form 4 · accession 0001209191-19-003183
LA JOLLA PHARMACEUTICAL CO · LJPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Kevin C Tang
Director · 10% Owner
TANG CAPITAL PARTNERS LP
10% Owner
TANG CAPITAL MANAGEMENT LLC
10% Owner
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 9:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 7, 2019 | P | 100,000 | $5.8384 | A | 3,738,893 | I | By LP |
| Common StockF3,F2 | Jan 8, 2019 | P | 200,000 | $5.332 | A | 3,938,893 | I | By LP |
| Common StockF4,F2 | Jan 8, 2019 | P | 200,000 | $5.2449 | A | 4,138,893 | I | By LP |
| Common StockF5,F2 | Jan 8, 2019 | P | 200,000 | $5.2397 | A | 4,338,893 | I | By LP |
| Common StockF6,F2 | Jan 8, 2019 | P | 200,000 | $5.3396 | A | 4,538,893 | I | By LP |
| Common StockF7,F2 | Jan 8, 2019 | P | 200,000 | $5.3785 | A | 4,738,893 | I | By LP |
| Common StockF8,F2 | Jan 8, 2019 | P | 120,786 | $5.4286 | A | 4,859,679 | I | By LP |
| Common StockF9,F2 | Jan 9, 2019 | P | 79,214 | $5.5395 | A | 4,938,893 | I | By LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.71 to $5.99. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the SEC Staff, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in footnotes 1 and 3 through 9 herein.
- F2The shares are beneficially owned by Tang Capital Partners, LP ("TCP"). Kevin Tang is the sole manager of Tang Capital Management, LLC, which is the general partner of TCP. Mr. Tang has a pecuniary interest in a portion of the shares beneficially held by TCP.
- F3The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.04 to $5.72.
- F4The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.10 to $5.43.
- F5The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.12 to $5.32.
- F6The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.25 to $5.48.
- F7The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.29 to $5.50.
- F8The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.40 to $5.47.
- F9The prices reported in Column 4 are weighted-average prices. These shares were purchased in multiple transactions at prices ranging from $5.44 to $5.64.