HOUGEN ELIZABETH L sold IONS
December 28, 2023 · Form 4 insider transaction
HOUGEN ELIZABETH L sold 43,798 shares of Ionis Pharmaceuticals, Inc. at $50.50 per share, a transaction worth $2.21M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 5 days after the transaction.
Direction
Disposed (sell-side)
Shares
43,798
Price
$50.50
Total value
$2.21M
InsiderHOUGEN ELIZABETH L
RoleDirector
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateDecember 28, 2023
Filing dateJanuary 2, 2024
Shares owned after77,086
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents a "net exercise" of outstanding stock options. The reporting person received 1,427 shares of common stock on net exercise of option to purchase 45,225 shares of common stock. Pursuant to the terms of the Company's 2011 Equity Incentive Plan, the Company withheld 43,798 shares of common stock underlying the option for payment of the exercise price and tax withholdings using the closing stock price on December 28, 2023 of $50.50.