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Innoviva, Inc. Director's Dealing 2010

Dec 3, 2010

32090_dirs_2010-12-03_9ac8b3b0-e61f-4de9-819d-496c6f33f2ef.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: 2010-12-01

Reporting Person: Brinkley David L (Head of Business Dev.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-01 Common Stock M 15275 $3.1 Acquired 58359 Direct
2010-12-01 Common Stock S 20000 $25.07 Disposed 38359 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-01 Stock Option (Right to Buy) $3.10 M 15275 Disposed 2013-01-24 Common Stock (15275) Direct

Footnotes

F1: Immediately exercisable.