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Filing Details

Accession Number:: 0001181431-13-052152
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-10-02 19:25:29
Reporting Period:: 2013-09-30

Filing Date:: 2013-10-02
Accepted Time:: 2013-10-02 19:25:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
861838	Idera Pharmaceuticals Inc.	IDRA	Biological Products, (No Disgnostic Substances) (2836)	043072298

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1193366	El Youssef Zein	Pillar Invest Offshore Sal, Starko Ctr, Bloc B, 3Rd Floor, Omar Daouk Street Beirut M8 2020-3313	Yes	No	Yes	No
1534428	Pillar Invest Corp	C/O Idera Pharmaceuticals, Inc. 167 Sidney Street Cambridge MA 02139	Yes	No	Yes	No
1588130	Pillar Pharmaceuticals Iv, L.p.	Pillar Invest Offshore Sal Starco Ctr Bloc B, 3Rd Floor, Omar Daouk Street Beirut M8 2020-3313	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-09-30	845,161	$0.00	0	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2013-09-30	929,032	$0.00	0	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes

Footnotes

On September 30, 2013, upon the consummation of a public offering of the Issuer (the "Offering"), Pillar Pharmaceuticals IV, L.P. ("Pillar IV"), of which Pillar GP is the general partner, acquired, in the Offering, 845,161 shares of common stock (the "Pillar IV Shares") of the Issuer. Pillar GP disclaims Section 16 beneficial ownership of the Pillar IV Shares and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar IV. As of the date hereof, Pillar IV owns directly 845,161 shares of common stock of the Issuer.
On September 30, 2013, upon the consummation the Offering, Participations Besancon ("Besancon"), a fund advised by Pillar GP, acquired, in the Offering, 929,032 shares of common stock (the "Besancon Shares"). Pillar GP also disclaims Section 16 beneficial ownership of the Besancon Shares and this report shall not be deemed an admission that Pillar GP is the beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, resulting from fees payable to Pillar GP in its capacity as investment advisor to Besancon. As of the date hereof, Besancon owns directly 3,329,032 shares of common stock of the Issuer.
Youssef El Zein is a director and controlling stockholder of Pillar GP and serves as the representative of Pillar IV and Pillar GP on the Issuer's board of directors. Mr. El Zein disclaims Section 16 beneficial ownership of the Pillar IV Shares and the Besancon Shares and this report shall not be deemed an admission that he is the beneficial owners of any such securities, except to the extent of his pecuniary interest therein, if any, by virtue of his ownership interest in Pillar GP. As of the date hereof, Mr. El Zein owns directly 586,101 shares of common stock of the Issuer.