Larry G. Edwards - 31 Jan 2022 Form 4 Insider Report for LA JOLLA PHARMACEUTICAL CO

Signature
/s/ Larry Edwards
Issuer symbol
N/A
Transactions as of
31 Jan 2022
Net transactions value
+$16,411
Form type
4
Filing time
02 Feb 2022, 18:21:05 UTC
Previous filing
19 Jan 2022
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LJPC Common Stock Award $16,411 +4,170 +68% $3.94 10,308 31 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LJPC Employee Stock Option (Right to Buy) Award $0 +4,170 $0.000000 4,170 31 Jan 2022 Common Stock 4,170 $4.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired on 1/31/2022 through the La Jolla Pharmaceutical Company 2018 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 The stock options vest and become exercisable with respect to 25% of the underlying shares on the one-year anniversary of the grant date and then vest and become exercisable ratably on a monthly basis over the next three years.