BROWN RICHARD K 4
4 · ISIS PHARMACEUTICALS INC · Filed Jan 4, 2005
Insider Transaction Report
Form 4
BROWN RICHARD K
Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2005-01-03+26,900→ 26,900 totalExercise: $5.80From: 2009-01-03Exp: 2012-01-02→ Common Stock (26,900 underlying)
Footnotes (1)
- [F1]Grant of 1-3-05 to reporting person of stock options under the Isis Pharmaceuticals, Inc. 1989 Stock Option Plan. 25% of the shares subject to the option will vest and become exercisable on 1-3-06. Thereafter, the remaining shares subject to the option vest and become exercisable in 36 equal monthly installments, at the rate of 6,725 shares per year. The option is exercisable as to 0 shares on 1-3-05.