Filing Details

Accession Number:
0000874015-15-000078
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-10-05 19:14:12
Reporting Period:
2015-10-01
Filing Date:
2015-10-05
Accepted Time:
2015-10-05 19:14:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
874015 Isis Pharmaceuticals Inc ISIS Pharmaceutical Preparations (2834) 330336973
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1073385 Lynne B Parshall C/O Isis Pharmaceuticals, Inc.
2855 Gazelle Court
Carlsbad CA 92010
Coo & Secretary Yes 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 2015-10-01 4,162 $7.25 12,305 No 4 M Direct
Common Stock Disposition 2015-10-01 4,162 $40.13 8,143 No 4 S Direct
Common Stock Acquisiton 2015-10-01 2,838 $14.69 10,981 No 4 M Direct
Common Stock Disposition 2015-10-01 2,838 $40.13 8,143 No 4 S Direct
Common Stock Acquisiton 2015-10-02 2,000 $14.69 10,143 No 4 M Direct
Common Stock Disposition 2015-10-02 2,000 $40.10 8,143 No 4 S Direct
Common Stock Acquisiton 2015-10-02 3,436 $14.69 11,579 No 4 M Direct
Common Stock Disposition 2015-10-02 3,436 $42.39 8,143 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 2015-10-01 4,162 $0.00 4,162 $7.25
Common Stock Employee Stock Option (right to buy) Disposition 2015-10-01 2,838 $0.00 2,838 $14.69
Common Stock Employee Stock Option (right to buy) Disposition 2015-10-02 5,436 $0.00 5,436 $14.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,865 2013-01-03 2019-01-02 No 4 M Direct
34,790 2014-01-02 2020-01-29 No 4 M Direct
29,354 2013-01-30 2020-01-29 No 4 M Direct
Footnotes
  1. Acquired as a result of exercising a stock option pursuant to Rule 10b5-1 Trading Plan. The purchase and sale reported on this Form 4 was effective pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on 2/11/2015.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.80 to $40.75, inclusive. The reporting person undertakes to provide to Isis Pharmaceuticals, Inc., any security holder of Isis Pharmaceuticals, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) on this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.00 to $42.70, inclusive. The reporting person undertakes to provide to Isis Pharmaceuticals, Inc., any security holder of Isis Pharmaceuticals, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) on this Form 4.
  4. Grant of 1/3/2012 to reporting person of stock options under the Isis Pharmacueticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 1/3/2013. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 15,437 shares per year. Following this transaction, the option was exercisable as to 7,719 on 10/1/2015.
  5. Grant of 1/30/2013 to reporting person of stock options under the Isis Pharmacueticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 1/2/2014. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 15,570 shares per year. Following this transaction, the option was exercisable as to 14,030 on 10/1/2015.
  6. Grant of 1/30/2013 to reporting person of stock options under the Isis Pharmacueticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 1/2/2014. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 15,570 shares per year. Following this transaction, the option was exercisable as to 9,891 on 10/2/2015.