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IONIS PHARMACEUTICALS INC — Director's Dealing 2015
Jan 5, 2015
30591_dirs_2015-01-05_d2448796-eea7-4beb-85fb-08a2a83e8798.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ISIS PHARMACEUTICALS INC (ISIS)
CIK: 0000874015
Period of Report: 2015-01-01
Reporting Person: PARSHALL B LYNNE (Director, COO & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-01 | Common Stock | J | 111 | $30.0475 | Acquired | 4417 | Direct |
| 2015-01-02 | Common Stock | M | 11200 | $14.69 | Acquired | 15617 | Direct |
| 2015-01-02 | Common Stock | S | 11200 | $62.115 | Disposed | 4417 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-02 | Employee Stock Option (right to buy) | $61.57 | A | 132458 | Acquired | 2022-01-01 | Common Stock (132458) | Direct |
| 2015-01-02 | Employee Stock Option (right to buy) | $14.69 | M | 11200 | Disposed | 2020-01-29 | Common Stock (11200) | Direct |
Footnotes
F1: Reporting 111 shares acquired under the Isis Pharmaceuticals, Inc. Amended and Restated 2000 Employee Stock Purchase Plan on January 1, 2015. These 111 shares may not be sold until July 2, 2015.
F2: Acquired as a result of exercising a stock option pursuant to a Rule 10b5-1 Trading Plan. The purchase and sale reported on this Form 4 was effective pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on 7/29/2014.
F3: Grant of 1/2/2015 to reporting person of stock options under the Isis Pharmacueticals, Inc. 2011 Equity Incentive Plan. 25% of the shares subject to the option vest and become exercisable on 1/2/2016. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 33,115 shares per year. The option was exercisable as to 0 on 1/2/2015.
F4: Grant of 1/30/2013 to reporting person of stock options under the Isis Pharmacueticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option vested and became exercisable on 1/2/2014. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 15,570 shares per year. Following this transaction, the option was exercisable as to 17,430 on 1/2/2015.