Todd C. Davis - 14 Feb 2025 Form 4 Insider Report for LIGAND PHARMACEUTICALS INC (LGND)

Signature
By: /s/ Andrew Reardon, Attorney-in-Fact For: Todd C. Davis
Issuer symbol
LGND
Transactions as of
14 Feb 2025
Net transactions value
-$1,614,240
Form type
4
Filing time
19 Feb 2025, 20:44:48 UTC
Previous filing
17 Dec 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGND Common Stock Award $0 +20,784 +17% $0.000000 143,794 14 Feb 2025 Direct F1
transaction LGND Common Stock Tax liability $835,920 -6,966 -4.8% $120.00 136,828 14 Feb 2025 Direct F2
transaction LGND Common Stock Tax liability $267,720 -2,231 -1.6% $120.00 134,597 15 Feb 2025 Direct F3
transaction LGND Common Stock Tax liability $510,600 -4,255 -3.2% $120.00 130,342 15 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued upon the vesting and certification of performance stock units (PSUs).
F2 Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of performance stock units.
F3 Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of restricted stock units.