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MANNKIND CORP Director's Dealing 2010

Aug 23, 2010

31835_dirs_2010-08-23_1643f7af-19cb-42ea-b4e0-4bc4b4183004.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MANNKIND CORP (MNKD)
CIK: 0000899460
Period of Report: 2010-08-19

Reporting Person: Thomson David (VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-19 Common Stock, $.01 Par Value F 1101 $5.97 Disposed 27023 Direct
2010-08-19 Common Stock, $.01 Par Value S 3782 $5.8964 Disposed 23241 Direct
2010-08-19 Common Stock, $.01 Par Value A 13000 $0.00 Acquired 36241 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-08-19 Employee Stock Option (right to buy) $5.93 A 62000 Acquired 2020-08-19 Stock Options (62000) Direct

Footnotes

F1: Shares withheld to satisfy the tax liability incident to the vesting of previously reported restricted stock units.

F2: Transaction occurred pursuant to a 10B5-1 Plan entered into as part of a divorce settlement.

F3: Acquired pursuant to a Restricted Stock Unit Award: 25% vest on each year anniversary of the vesting determination date and 25% each anniversary thereafter; shares shall fully vest on the fourth year anniversary of the vesting determination date.

F4: 25% vesting on the anniversary of the vesting determination date and 1/48th per month thereafter; being fully vested on the fourth anniversary of the vesting determination date.