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SELLAS Life Sciences Group, Inc. Director's Dealing 2010

Apr 16, 2010

33651_dirs_2010-04-16_c9260486-591c-4fad-89aa-7c59638a25bc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RXI PHARMACEUTICALS CORP (RXII)
CIK: 0001390478
Period of Report: 2010-04-15

Reporting Person: Varanasi Ramani (VP Business Development)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-15 Stock Option $4.41 A 15000 Acquired 2020-04-14 Common Stock (15000) Direct

Footnotes

F1: Granted pursuant to the RXi Pharmaceuticals Corporation 2007 Incentive Plan.

F2: Per share.

F3: The options vest in the following increments on the following dates: 937 shares on each of July 15, 2010, January 15, 2011, July 15, 2011, January 15, 2012, July 15, 2012, January 15, 2013, July 15, 2013 and January 15, 2014; and 938 shares vest on each of October 15, 2010, April 15, 2011, October 15, 2011, April 15, 2012, October 15, 2012, April 15, 2013, October 15, 2013, and April 15, 2014, with all such options being fully vested on April 15, 2014.