Filing Details

Accession Number:
0000886163-18-000132
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-05 20:00:13
Reporting Period:
2018-09-04
Accepted Time:
2018-09-05 20:00:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
886163 Ligand Pharmaceuticals Inc LGND Pharmaceutical Preparations (2834) 770160744
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1392266 S Charles Berkman 3911 Sorrento Valley Boulevard, Ste 110
San Diego CA 92121
Svp, Gen. Counsel & Secretary No Yes No 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 Acquisiton 2018-09-04 469 $21.92 28,232 No 4 M Direct
Common Stock Acquisiton 2018-09-04 5,985 $74.42 34,217 No 4 M Direct
Common Stock Acquisiton 2018-09-04 7,077 $56.26 41,294 No 4 M Direct
Common Stock Acquisiton 2018-09-04 5,886 $85.79 47,180 No 4 M Direct
Common Stock Disposition 2018-09-04 19,417 $254.99 27,763 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2018-09-04 7,077 $0.00 7,077 $56.26
Common Stock Employee Stock Option (right to buy) Disposition 2018-09-04 5,985 $0.00 5,985 $74.42
Common Stock Employee Stock Option (right to buy) Disposition 2018-09-04 5,886 $0.00 5,886 $85.79
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2018-09-04 469 $0.00 469 $21.92
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,292 2025-02-10 No 4 M Direct
1,931 2024-02-12 No 4 M Direct
4,577 2026-02-11 No 4 M Direct
0 2023-02-15 No 4 M Direct
Footnotes
  1. The sale(s) reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on May 29, 2018, in accordance with Rule 10b5-1.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.85 to $256.59, inclusive. The reporting person undertakes to provide, upon request to the Securities Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  3. Grant 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 02/10/15.
  4. Grant 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 02/12/14.
  5. Grant to reporting person of options to purchase shares of common stock ("Option Shares"), 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 02/11/16.
  6. Grant 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 02/15/13.