XOMA Royalty Corp — Director's Dealing 2012

Jan 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XOMA LTD /DE/ (XOMA)
CIK: 0000791908
Period of Report: 2012-01-04

Reporting Person: Varian John (Director, Director and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-04	Incentive Share Option (right to buy)	$1.24	A	330392	Acquired	2022-01-04	Common Shares (330392)	Direct
2012-01-04	Non-Qualified Share Option (right to buy)	$1.24	A	44608	Acquired	2022-01-04	Common Shares (44608)	Direct
2012-01-04	Restricted Stock Units	$0	A	288500	Acquired		Common Shares (288500)	Direct

Footnotes

F1: Incentive Stock Option exercisable in conjunction with matching Non-Qualified Stock Option as to forty-eight (48) equal and consecutive monthly installments beginning one month after the date of grant.

F2: These restricted stock units are scheduled to vest in substantially equal installments annually over three years, with the first installment vesting on November 13, 2012.