0000899243-15-003396.txt : 20150818 0000899243-15-003396.hdr.sgml : 20150818 20150818153902 ACCESSION NUMBER: 0000899243-15-003396 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150814 FILED AS OF DATE: 20150818 DATE AS OF CHANGE: 20150818 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TARGACEPT INC CENTRAL INDEX KEY: 0001124105 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 562020050 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 100 NORTH MAIN STREET STREET 2: SUITE 1510 CITY: WINSTON-SALEM STATE: NC ZIP: 27101 BUSINESS PHONE: 3364802100 MAIL ADDRESS: STREET 1: 100 NORTH MAIN STREET STREET 2: SUITE 1510 CITY: WINSTON-SALEM STATE: NC ZIP: 27101 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN JULIA R CENTRAL INDEX KEY: 0001030468 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-51173 FILM NUMBER: 151061225 MAIL ADDRESS: STREET 1: 5880 PACIFIC CENTER BLVD STREET 2: C/O DURA PHARMACEUTICALS INC CITY: SAN DIEGO STATE: CA ZIP: 92121 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-08-14 1 0001124105 TARGACEPT INC TRGT 0001030468 BROWN JULIA R C/O TARGACEPT, INC., 100 NORTH MAIN STREET, SUITE 1510 WINSTON-SALEM NC 27101 1 0 0 0 Redeemable Convertible Note 1.31 2015-08-14 4 A 0 17263.00 0.00 A Common Stock 13177 17263.00 D Reflects a Redeemable Convertible Note of the Issuer (the "Note") to be issued as a dividend on the Issuer's common stock to holders of record of the common stock on August 14, 2015, which will be paid on August 19, 2015. At the option of the reporting person, at any time within 30 months of the closing of the merger of Talos Merger Sub, Inc., a wholly owned subsidiary of the Issuer, with and into Catalyst Biosciences, Inc. (the "Merger"), the Notes shall be redeemable into cash or convertible into shares of common stock of the Issuer at a conversion rate of $1.31 per share ($9.19 per share as adjusted for the planned 1-for-7 reverse stock split of the Issuer's common stock prior to the Merger). The Notes will mature on the 30-month anniversary of the closing of the Merger. /s/ Megan N. Gates, Attorney-in-fact 2015-08-18