Matthew E. Korenberg - 27 Feb 2024 Form 4 Insider Report for LIGAND PHARMACEUTICALS INC (LGND)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Feb 2024, 18:50:43 UTC
Prior SEC filing
16 Feb 2024
Next SEC filing
15 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Andrew Reardon, Attorney-in-Fact For: Matthew E. Korenberg

Key filing fact

Matthew E. Korenberg filed Form 4 for LIGAND PHARMACEUTICALS INC (LGND) on 29 Feb 2024.

Key facts

  • This page summarizes Matthew E. Korenberg's Form 4 filing for LIGAND PHARMACEUTICALS INC (LGND).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 29 Feb 2024, 18:50.

Change

  • Previous filing in this sequence was filed on 16 Feb 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LGND transaction

Common Stock

Award

Transaction value
$0
Shares
+14,416
Change %
+16%
Price
$0.000000
Shares after
103,861
Date
27 Feb 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LGND transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+58,544
Change %
Price
$0.000000
Shares after
58,544
Date
27 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
58,544
Exercise price
$89.20
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest over three years, in three substantially equal annual installments on February 15, 2025; February 15, 2026; and February 15, 2027, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

Footnote F2

The Stock Option grant vests and is exercisable as to 12.5% of the underlying shares 6 months after the grant date, and in 42 substantially equal monthly installments thereafter.

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