Ligand Pharmaceuticals Inc (LGND): David M. Knott of Dorset Management Resigned from the Board

CUSIP No. 53220K504

13D

1

Name of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (Entities Only)
David M. Knott

2

Check the Appropriate Box if a Member of a Group.(See Instructions)

(a)

 o

(b)

 x

3

SEC Use Only

4

Source of Funds (See Instructions)
OO

5

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

6

Citizenship or Place of Organization
United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7

Sole Voting Power
1,298,813 shares of Common Stock

8

Shared Voting Power
1,666 shares of Common Stock

9

Sole Dispositive Power
1,300,479 shares of Common Stock

10

Shared Dispositive Power
1,843 shares of Common Stock

11

Aggregate Amount Beneficially Owned by Each Reporting Person
1,302,322 shares of Common Stock

12

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

13

Percent of Class Represented by Amount in Row (11)
6.2%

14

Type of Reporting Person (See Instructions)
IN