Home > Insider Trading > Filing (0001104659-14-087786)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890465	Nps Pharmaceuticals Inc	NPSP	Biological Products, (No Disgnostic Substances) (2836)	870439579

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1192128	M Luke Beshar	550 Hills Drive Bedminster NJ 07921	Evp & Cfo	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
Common Stock	Acquisiton	2014-12-17	11,500	$3.34	84,280	No	4	M	Direct
Common Stock	Acquisiton	2014-12-17	8,906	$8.21	93,186	No	4	M	Direct
Common Stock	Acquisiton	2014-12-17	31,852	$8.23	125,038	No	4	M	Direct
Common Stock	Disposition	2014-12-17	52,258	$35.00	72,780	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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 Options (right to buy)	Disposition	2014-12-17	11,500	$0.00	11,500	$3.34
Common Stock	Employee Stock Options (right to buy)	Disposition	2014-12-17	8,906	$0.00	8,906	$8.21
Common Stock	Employee Stock Options (right to buy)	Disposition	2014-12-17	31,852	$0.00	31,852	$8.23

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
9,189	2020-02-19	No	4	M	Direct
17,813	2022-02-07	No	4	M	Direct
53,089	2023-02-13	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
On February 19, 2010, the Reporting Person received a grant of 40,000 stock options under NPS Pharmaceuticals, Inc.'s (the "Issuer") 2005 Omnibus Incentive Plan, which are subject to both performance conditions and time-based vesting. As of the date of this filing, the performance criteria and the time-based criteria for 31,812 of these options has been satisfied. These options vested and became exercisable based on the following vesting schedule: 25% on each of the first four anniversaries of the date of grant.
On February 7, 2012, the Reporting Person received a grant of 47,500 stock options under the Issuer's 2005 Omnibus Incentive Plan. The options become exercisable based on the following vesting schedule: 25% on the first anniversary of the grant and 6.25% every three months thereafter.
On February 13, 2013, the Reporting Person received a grant of 84,941 stock options under the Issuer's 2005 Omnibus Incentive Plan. The options become exercisable based on the following vesting schedule: 25% on the first anniversary of the grant and 6.25% every three months thereafter.