Filing Details

Accession Number:
0000874015-25-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-01-17 19:40:15
Reporting Period:
2025-01-15
Accepted Time:
2025-01-17 19:40:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
874015 Ionis Pharmaceuticals Inc IONS Pharmaceutical Preparations (2834) 330336973
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1970151 Brian Birchler 2855 Gazelle Court
Carlsbad CA 92010
Evp, Corp And Development Ops 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 Explanation
Common Stock Acquisiton 2025-01-15 14,283 $0.00 60,451 No 4 M Direct
Common Stock Disposition 2025-01-16 5,400 $32.70 55,051 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Performance Restricted Stock Units Acquisiton 2025-01-15 22,000 $0.00 22,000 $0.00
Common Stock Restricted Stock Unit Acquisiton 2025-01-15 33,000 $0.00 33,000 $0.00
Common Stock Restricted Stock Unit Disposition 2025-01-15 14,283 $0.00 14,283 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
53,338 2028-01-15 No 4 A Direct
77,373 2026-01-15 No 4 A Direct
63,090 2025-01-15 No 4 M Direct
Footnotes
  1. Acquired pursuant to vesting and release of shares in accordance with Restricted Stock Unit awards.
  2. The sale was made pursuant to an automatic sale to cover the required tax withholding obligations pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement and Grant Notice.
  3. Grant to reporting person of Performance Restricted Stock Units (PRSUs) under the Ionis Pharmaceuticals, Inc. Amended and Restated 2011 Equity Incentive Plan.
  4. The PRSUs may vest at the end of the three-year performance period following the date of grant based on the Issuer's relative total shareholder return as compared to a peer group of companies. The number of PRSUs reported represents the maximum that may be earned, which is 200% of the target number. No number of PRSUs is guaranteed to vest and the actual number of PRSUs that will vest at the end of the performance period may be anywhere from zero to the amount stated.
  5. Grant to reporting person of Restricted Stock Units under the Ionis Pharmaceuticals, Inc. Amended and Restated 2011 Equity Incentive Plan.
  6. Each Restricted Stock Unit represents a contingent right to receive one share of Ionis common stock, or its equivalent cash value.
  7. Restricted Stock Units vest in four equal annual installments. Upon vesting, the restricted stock units will be paid out in whole shares of Ionis common stock or cash as may be determined by the Company.