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Home > Insider Trading > Filing (0001245261-10-000010)

Filing Details

Accession Number:: 0001245261-10-000010
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-03-18 13:00:00
Reporting Period:: 2010-03-16

Filing Date:: 2010-03-18
Accepted Time:: 2010-03-18 18:54:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1069530	Pain Therapeutics Inc	PTIE	Pharmaceutical Preparations (2834)	911911336

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1252240	Grant Schoenhard		Chief Scientific Officer	No	Yes	No	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	2010-03-16	10,000	$4.40	58,187	No	4	P	Direct
Common Stock	Acquisiton	2010-03-16	25,000	$5.25	83,187	No	4	P	Direct
Common Stock	Disposition	2010-03-16	35,000	$6.13	48,187	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock	Disposition	2010-03-16	25,000	$5.25	25,000	$5.25
Common Stock	Common Stock	Disposition	2010-03-16	10,000	$4.40	10,000	$4.40

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
720,000	2009-05-31	2015-05-31	No	4	X	Direct
710,000	2010-02-28	2019-07-31	No	4	X	Direct

Footnotes

This sale is made pursuant to a plan intended to comply with rule 10b5-1(c). 35,000 shares of common stock were sold in twenty-eight (28) lots with prices ranging from $6.0726 to $6.18 per share.