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4//SEC Filing

KRANZLER JAY D 4

Accession 0000716054-10-000010

CIK 0000716054other

Filed

Dec 28, 7:00 PM ET

Accepted

Dec 29, 12:53 PM ET

Size

10.7 KB

Accession

0000716054-10-000010

Insider Transaction Report

Form 4
Period: 2010-12-23
KRANZLER JAY D
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Stock Options (right to buy)

    2010-12-23152,4640 total
    Exercise: $3.25Exp: 2012-04-29Common Stock (152,464 underlying)
  • Sale

    Common Stock

    2010-12-23$6.45/sh152,464$983,39396,742 total(indirect: By Trust)
  • Exercise/Conversion

    Common Stock

    2010-12-23$3.25/sh+152,464$495,508249,206 total(indirect: By Trust)
Holdings
  • Common Stock

    625
  • Common Stock

    (indirect: By 401(k))
    398,692
Footnotes (3)
  • [F1]The weighted average sale price for the transaction reported was $6.4501, the range of prices were between $6.45 and $6.455. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
  • [F2]The shares subject to the option are fully vested
  • [F3]Between January 1, 2010 and December 14, 2010, 196,440 shares of Common Stock were transfered into the Cypress Bioscience, Inc. 401(k) plan, of which the Reporting Person is the trustee and has voting power over such shares.

Issuer

CYPRESS BIOSCIENCE INC

CIK 0000716054

Entity typeother

Related Parties

1
  • filerCIK 0001055666

Filing Metadata

Form type
4
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 12:53 PM ET
Size
10.7 KB