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Vanda Pharmaceuticals Inc. Director's Dealing 2010

Jan 7, 2010

33390_dirs_2010-01-06_b803eda5-d6c6-4b82-861d-f2301aeb462a.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: 2010-01-04

Reporting Person: TANG KEVIN C (10% Owner)
Reporting Person: TANG CAPITAL MANAGEMENT LLC (10% Owner)
Reporting Person: TANG CAPITAL PARTNERS LP (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-04 Common Stock S 100000 $11.6532 Disposed 2965852 Indirect
2010-01-05 Common Stock S 45500 $11.4783 Disposed 2920352 Indirect

Footnotes

F1: The securities are held by Tang Capital Partners, LP. Kevin C. Tang is the sole manager of Tang Capital Management, LLC, which is the general partner of Tang Capital Partners, LP. Mr. Tang disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.