Home/Filings/4/0001273013-08-000071
4//SEC Filing

Costalas Stephen C 4

Accession 0001273013-08-000071

CIK 0001273013other

Filed

Dec 23, 7:00 PM ET

Accepted

Dec 24, 10:51 AM ET

Size

22.7 KB

Accession

0001273013-08-000071

Insider Transaction Report

Form 4
Period: 2008-12-23
Costalas Stephen C
EVP, General Counsel
Transactions
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2008-12-23$0.20/sh54,239$10,8480 total
    Exercise: $5.81From: 2006-01-03Exp: 2015-01-03Common Stock (54,239 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2008-12-23$0.20/sh40,391$8,0780 total
    Exercise: $3.84From: 2009-02-25Exp: 2018-02-25Common Stock (40,391 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2008-12-23$0.20/sh9,766$1,9530 total
    Exercise: $4.75Exp: 2016-03-01Common Stock (9,766 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2008-12-23$0.20/sh21,484$4,2970 total
    Exercise: $4.75Exp: 2016-03-01Common Stock (21,484 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2008-12-23$0.20/sh16,927$3,3850 total
    Exercise: $4.67From: 2008-02-28Exp: 2017-02-28Common Stock (16,927 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2008-12-23$0.20/sh14,323$2,8650 total
    Exercise: $4.67From: 2008-02-28Exp: 2017-02-28Common Stock (14,323 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2008-12-23$0.20/sh70,761$14,1520 total
    Exercise: $5.81From: 2006-01-03Exp: 2015-01-03Common Stock (70,761 underlying)
  • Disposition to Issuer

    Common Stock

    2008-12-2366,006.970 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2008-12-23$0.20/sh39,609$7,9220 total
    Exercise: $3.84From: 2009-02-25Exp: 2018-02-25Common Stock (39,609 underlying)
Footnotes (2)
  • [F1]Disposed of pursuant to merger agreement between Pharmacopeia, Inc. ("Pharmacopeia"), Ligand Pharmaceuticals Incorporated ("Ligand") , Margaux Acquisition Corp., a wholly-owned subsidiary of Ligand, and Latour Acquisition, LLC, a wholly-owned subsidiary of Ligand, in exchange for approximately 39,505.17 shares of Ligand common stock having a market value of $2.58 per share on the effective date of the merger and $20,426.16 in cash, without interest. In addition, the reporting person received one contingent value right ("CVR") for each share of the Pharmacopeia common stock disposed of in the merger by the reporting person. The CVRs provide each holder the right to receive approximately $0.50 per share if Ligand enters into a license, sale, development, marketing or option agreement with respect to certain product candidates (other than any agreement with Bristol-Myers Squibb Company or any of its affiliates) on or prior to December 31, 2011.
  • [F2]This option was canceled in connection with Pharmacopeia's offer to purchase all outstanding options, whether vested or unvested, to purchase shares of Pharmacopeia common stock, par value $0.01 per share, which was consummated on December 23, 2008. The reporting person received a cash payment of $0.20 per share of common stock issuable upon exercise of each such option.

Issuer

PHARMACOPEIA INC

CIK 0001273013

Entity typeother

Related Parties

1
  • filerCIK 0001313392

Filing Metadata

Form type
4
Filed
Dec 23, 7:00 PM ET
Accepted
Dec 24, 10:51 AM ET
Size
22.7 KB