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Vanda Pharmaceuticals Inc. Director's Dealing 2010

Dec 13, 2010

33390_dirs_2010-12-13_e9eb65c1-8590-46d7-be60-d4caee1bbd06.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vanda Pharmaceuticals Inc. (VNDA)
CIK: 0001347178
Period of Report: 2010-12-09

Reporting Person: Polymeropoulos Mihael Hristos (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-09 Common Stock S 17400 $8.1092 Disposed 462600 Direct
2010-12-10 Common Stock S 82600 $8.1014 Disposed 380000 Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.085 to $8.21, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.06 to $8.15, inclusive.