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Filing Details

Accession Number:: 0000950170-24-106949
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-09-16 19:36:15
Reporting Period:: 2024-09-16

Accepted Time:: 2024-09-16 19:36:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1832168	Longboard Pharmaceuticals Inc.	LBPH	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1350416	Randall Kaye	4275 Executive Square Suite 950 La Jolla CA 92037	Cmo	No	No	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
Common Stock	Acquisiton	2024-09-16	16,666	$4.35	34,586	No	4	M	Direct
Common Stock	Disposition	2024-09-16	9,366	$30.89	25,220	No	4	S	Direct
Common Stock	Disposition	2024-09-16	4,200	$31.81	21,020	No	4	S	Direct
Common Stock	Disposition	2024-09-16	1,200	$33.12	19,820	No	4	S	Direct
Common Stock	Disposition	2024-09-16	1,900	$34.04	17,920	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	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	Stock Option (Right to Buy)	Disposition	2024-09-16	16,666	$0.00	16,666	$4.35

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
112,967		2033-02-08	No	4	M	Direct

Footnotes

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person.
The amount reported includes the 17,920 restricted stock units (RSUs) that were granted on February 8, 2024, and reported in a Form 4 filed on February 9, 2024. The RSUs will vest in four equal annual installments commencing on February 8, 2025, and the shares underlying the RSUs will be issued upon vesting and release of the RSUs.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.54 to $31.52, inclusive. The reporting person undertakes to provide Longboard Pharmaceuticals, Inc., any security holder of Longboard 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 footnotes 3, 4, 5 and 6 to this Form 4.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.56 to $32.40, inclusive.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.80 to $33.68, inclusive.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.86 to $34.33, inclusive.
The shares subject to the stock option vest and become exercisable in 48 equal monthly installments commencing March 9, 2023.