Filing Details
- Accession Number:
- 0000950103-10-002700
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-16 17:02:54
- Reporting Period:
- 2010-09-15
- Filing Date:
- 2010-09-16
- Accepted Time:
- 2010-09-16 17:02:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1013238 | Aradigm Corp | ARDM | Electromedical & Electrotherapeutic Apparatus (3845) | 943133088 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 353278 | S A Nordisk Novo | Novo Alle Dk 2880 Bagsvaerd Denmark G7 00000 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, No Par Value | Acquisiton | 2010-09-16 | 26,000,000 | $0.00 | 27,573,672 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Footnotes
- Consideration for the 26,000,000 shares consist of the termination of Aradigm Corporation's obligations under a Promissory Note and Security Agreement dated July 3, 2006, evidencing a loan that was previously made by Novo Nordisk A/S to Aradigm Corporation in the principal amount of $7.5 million, bearing interest accruing at 5% per annum.
- Novo Nordisk A/S directly holds 26,204,122 shares of common stock of Aradigm Corporation. In addition, Novo Nordisk Delivery Technologies Inc. holds 236,406 shares of common stock of Aradigm Corporation and Novo Nordisk Inc. holds 1,133,144 shares of common stock of Aradigm Corporation.
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