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Lgnd stock options. Ligand Announces 1-for-6 Reverse Stock Split :: Ligand Pharmaceuticals Incorporated (LGND)

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All decisions of the Plan Administrator with respect to any question or issue arising under the Plan or this Agreement shall be conclusive and binding on all persons having an interest in this option. As the option becomes exercisable for such installments, those installments shall accumulate, and the option shall remain exercisable for the accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

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gbp nzd forexpros Caution Regarding Forward-Looking Statements This news release contains forward looking statements by Ligand that involve risks and uncertainties, including such as the anticipated benefits of the reverse un lot forex split, and reflect Ligand's judgment as of the date of this release.

The option term specified in Lgnd stock options 2 shall terminate and this option shall cease to be outstanding prior to the Expiration Date should any of the following provisions become applicable: At the effective time, BNY Mellon Shareowner Services will provide instructions to shareholders relating to lgnd stock options trend meter forex of book-entry evidence of ownership giving effect to the reverse stock split and to the issuance of new stock atb financial work from home. If there is no closing selling price for the Common Stock on the date in question, then the Fair Market Value shall be the closing selling price on the last preceding date for which such quotation exists.

To the learn forex trading signals any employment tax withholding will be satisfied by Optionee pursuant to clause B or C under clause ii above, the shares to be surrendered to the Corporation or withheld from the shares of Common Stock otherwise issuable upon the exercise shall accumulation and distribution in forex limited to those shares with a Fair Market Value not exceeding the amount necessary to satisfy the tax withholding obligation of [email protected] work from home Company with respect to the exercise of the optionbased on the minimum applicable statutory withholding rates.

LGND today announced that its board of directors has approved a 1-for-6 reverse stock split expected to be effective by the end of November Except to the extent otherwise required by law, no Service credit shall be given for vesting purposes hereunder for any period the Optionee is on a leave of absence.

The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of The assigned portion shall be exercisable only by the person or persons who acquire a proprietary interest in the option pursuant to such assignment.

This Agreement and the option evidenced hereby are made and granted pursuant to the Plan and are in all respects limited by and subject to the terms of the Plan.

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D of the Plan. The Company's ticker symbol will be appended with a "D" to indicate the completion of the reverse stock split, and after a 20 trading-day period following effectiveness of the reverse split the ticker symbol will revert to "LGND.

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Except to the extent the sale and remittance procedure is utilized in connection with the option exercise, payment of the Exercise Price must accompany the Notice of Exercise delivered to the Corporation in connection with the option exercise.

About Ligand Pharmaceuticals Ligand discovers and develops novel drugs that address critical unmet medical needs of patients for a broad spectrum of diseases including hepatitis, muscle wasting, Alzheimer's disease, dyslipidemia, diabetes, anemia, COPD, asthma, rheumatoid arthritis and osteoporosis.

Actual events or results may differ from Ligand's expectations.

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All notices shall be deemed effective upon personal delivery or upon deposit in the U. The Corporation, however, shall use its best efforts to obtain all such approvals. The terms applicable to the assigned portion shall be the same as those in effect for this option immediately prior to such assignment. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice or in the attached Stock Option Agreement.

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The Amazon work from home tulsa ok has adopted the Plan for the purpose of retaining the services of selected Employees, non-employee members of the [email protected] work from home or the board of directors of any Parent or Subsidiary and consultants and other independent advisors who provide services to the Corporation or any Parent or Subsidiary.

We believe this action will broaden Ligand's appeal to the investment community, and reduce administrative and transaction costs related to the number of shares outstanding.

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However, this option shall not become exercisable on such an accelerated basis, if and to the extent: Ligand Pharmaceuticals Incorporated. The reverse stock split will affect all shareholders uniformly and will not affect any shareholder's ownership percentage of Ligand's common shares except to the extent that the reverse stock split would result in some of the shareholders receiving cash in lieu of one or more fractional shares.

Ligand's proprietary drug discovery and development [email protected] work from home are based on advanced cell-based assays, tissue-specific receptor ligand interactions and gene-expression tools.


Additional lgnd stock options regarding the reverse stock split can be found in Ligand's definitive proxy statement filed with the Securities and Exchange Commission on September 9, The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price. At Ligand's special stockholder meeting on September 9,shareholders approved amendments to the Company's Amended and Restated Certificate of Incorporation to enable a reverse stock split of Ligand's outstanding common stock and a corresponding decrease in the number of authorized shares of Ligand's common stock on a proportional basis.

This option shall have a maximum term of ten 10 years measured from the Grant Date and shall accordingly expire at lgnd stock options close of business on the Expiration Date, unless sooner terminated in accordance with Paragraph 5 or 6.

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