KEVIN TANG - 29 Nov 2021 Form 4 Insider Report for LA JOLLA PHARMACEUTICAL CO (LJPC)

Signature
/s/ Kevin Tang
Issuer symbol
LJPC
Transactions as of
29 Nov 2021
Transactions value $
-$1,734,150
Form type
4
Filing time
01 Dec 2021, 18:07:25 UTC
Previous filing
26 Nov 2021
Next filing
14 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LJPC Common Stock Sale -$793K -193K -1.92% $4.10 9.86M 29 Nov 2021 By LP F1, F2, F3
transaction LJPC Common Stock Sale -$26.1K -6.6K -0.07% $3.95 9.85M 30 Nov 2021 By LP F3, F4
transaction LJPC Common Stock Sale -$252K -63.7K -0.65% $3.95 9.79M 30 Nov 2021 By LP F3, F5
transaction LJPC Common Stock Sale -$512K -136K -1.39% $3.76 9.65M 01 Dec 2021 By LP F3, F6
transaction LJPC Common Stock Sale -$151K -41.3K -0.43% $3.66 9.61M 01 Dec 2021 By LP F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has delivered to the Issuer the full amount of the disgorgeable profit arising the sale reported herein, in the amount of $4,380.25.
F2 The prices reported in Column 4 are weighted-average prices. These shares were sold in multiple transactions at prices ranging from $3.90 to $4.74. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the SEC Staff, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 2 and 4 through 7 herein.
F3 The shares are beneficially owned by Tang Capital Partners, LP ("TCP"). Kevin Tang is the sole manager of Tang Capital Management, LLC ("TCM"), which is the general partner of TCP. Michael Hearne is the Chief Financial Officer of La Jolla Pharmaceutical Company, as well as Chief Financial Officer of TCM. Mr. Tang and Mr. Hearne each have a pecuniary interest in the shares beneficially held by TCP.
F4 The prices reported in Column 4 are weighted-average prices. These shares were sold in multiple transactions at prices ranging from $3.95 to $3.96.
F5 The prices reported in Column 4 are weighted-average prices. These shares were sold in multiple transactions at prices ranging from $3.90 to $4.051.
F6 The prices reported in Column 4 are weighted-average prices. These shares were sold in multiple transactions at prices ranging from $3.70 to $3.89.
F7 The prices reported in Column 4 are weighted-average prices. These shares were sold in multiple transactions at prices ranging from $3.60 to $3.75