MANNKIND CORP — Director's Dealing 2012

May 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MANNKIND CORP (MNKD)
CIK: 0000899460
Period of Report: 2012-05-17

Reporting Person: MacCallum David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-17	Common Stock, $0.01 Par Value	A	17011	$0.00	Acquired	46007	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-17	Employee Stock Option (right to buy)	$1.69	A	10000	Acquired	2022-05-16	Common Stock (10000)	Direct

Footnotes

F1: Annual retainer received in equity in lieu of cash. Restricted Stock Units shall vest on the earlier of retirement, removal from board, death or five years from grant date.

F2: 3-year vesting period; 1/36th vesting every month, being fully vested 05/17/2015.