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