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NEKTAR THERAPEUTICS Director's Dealing 2010

Jan 6, 2010

32134_dirs_2010-01-06_1ffd66fe-01c2-4ba9-9071-707dffef213a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEKTAR THERAPEUTICS (NKTR)
CIK: 0000906709
Period of Report: 2010-01-06

Reporting Person: Doberstein Stephen K (Chief Scientific Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-06 Stock Option $9.53 A 540000 Acquired 2018-01-06 Common Stock (540000) Direct

Footnotes

F1: 25% of the shares subject to the stock option vest on the first anniversary of the grant date (January 6, 2011) and the remainder of the shares subject to the stock option vest on a pro-rata monthly basis over the following three years.