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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1043961	Transgenomic Inc	TBIO	Laboratory Analytical Instruments (3826)	911789357

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1091823	J Randal Kirk	C/O Third Security, Llc 1881 Grove Avenue Radford VA 24141		No	No	Yes	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	2017-06-08	790,000	$1.00	2,230,267	No	4	S	Indirect	by Senior Staff 2008
Common Stock	Disposition	2017-06-08	682,000	$1.00	1,443,654	No	4	S	Indirect	by Staff 2010
Common Stock	Disposition	2017-06-08	395,000	$1.00	1,115,135	No	4	S	Indirect	by Incentive 2010
Common Stock	Disposition	2017-06-08	108,000	$1.00	786,613	No	4	S	Indirect	by Staff 2014

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by Senior Staff 2008
No	4	S	Indirect	by Staff 2010
No	4	S	Indirect	by Incentive 2010
No	4	S	Indirect	by Staff 2014

Footnotes

On April 7, 2017, Third Security Senior Staff 2008 LLC ("Senior Staff 2008"), Third Security Staff 2010 LLC ("Staff 2010"), Third Security Incentive 2010 LLC ("Incentive 2010") and Third Security Staff 2014 LLC ("Staff 2014" and together with Senior Staff 2008, Staff 2010 and Incentive 2010, the "Investors") entered into a Call Option Agreement with BV Advisory Partners, LLC ("BVAP") (the "Agreement"). On June 8, 2017, BVAP exercised its option by payment of a $1.00 exercise price upon agreement by the Investors and BVAP that the conditions related to the transfer of an initial tranche of an aggregate of 1,975,000 shares of the issuer pursuant to the Agreement were satisfied.
Randal J. Kirk controls Third Security, LLC, which is the manager of each of Senior Staff 2008, Staff 2010, Incentive 2010 and Staff 2014. Shares held by these entities may be deemed to be beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.