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Innoviva, Inc. Director's Dealing 2010

Apr 28, 2010

32090_dirs_2010-04-28_a04ff2c9-57f8-49f3-9252-f41ed4da3f87.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: THERAVANCE INC (THRX)
CIK: 0001080014
Period of Report: 2010-04-27

Reporting Person: YOUNG WILLIAM D (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-27 Common Stock A 6000 Acquired 18000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-27 Stock Option (Right to Buy) $14.89 A 6000 Acquired 2020-04-26 Common Stock (6000) Direct

Footnotes

F1: This option may be exercised and shall be vested as to 1/12th of the shares subject to this option when optionee completes each continuous month of service following the grant date.