Filing Details

Accession Number:
0000886163-16-000155
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-09 18:26:00
Reporting Period:
2016-03-07
Filing Date:
2016-03-09
Accepted Time:
2016-03-09 18:26:00
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
1208906 L John Higgins 11119 North Torrey Pines Road, Suite 200
La Jolla CA 92037
Chief Executive Officer 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 Disposition 2016-03-07 10,277 $102.44 120,220 No 4 S Direct
Common Stock Disposition 2016-03-07 556 $102.97 119,664 No 4 S Direct
Common Stock Acquisiton 2016-03-08 6,000 $21.00 125,664 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Incentive Stock Option (right to buy) Disposition 2016-03-08 6,000 $0.00 6,000 $21.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,483 2018-02-23 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.81 to $102.79, 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.83 to $102.99, 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 2/23/08.