0001104659-11-064061.txt : 20111114
0001104659-11-064061.hdr.sgml : 20111111
20111114182946
ACCESSION NUMBER: 0001104659-11-064061
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111110
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KNOTT DAVID M
CENTRAL INDEX KEY: 0000808722
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33093
FILM NUMBER: 111205054
MAIL ADDRESS:
STREET 1: 485 UNDERHILL BLVD
STREET 2: STE 205
CITY: SYOSSET
STATE: NY
ZIP: 11791-3419
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LIGAND PHARMACEUTICALS INC
CENTRAL INDEX KEY: 0000886163
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 770160744
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11085 NORTH TORREY PINES ROAD
STREET 2: SUITE 300
CITY: LA JOLLA
STATE: CA
ZIP: 92037
BUSINESS PHONE: 858-550-7500
MAIL ADDRESS:
STREET 1: 11085 NORTH TORREY PINES ROAD
STREET 2: SUITE 300
CITY: LA JOLLA
STATE: CA
ZIP: 92037
4
1
a4.xml
4
X0304
4
2011-11-10
0
0000886163
LIGAND PHARMACEUTICALS INC
LGND
0000808722
KNOTT DAVID M
485 UNDERHILL BLVD
STE 205
SYOSSET
NY
11791-3419
1
0
0
0
Common Stock
800000
I
By Knott Partners, L.P.
Common Stock
240761
I
By Shoshone Partners, L.P.
Common Stock
98633
I
By Mulsanne Partners, L.P.
Common Stock
407563
I
By Knott Partners Offshore Master Fund, L.P.
Common Stock
1666
I
By Managed Account C
Common Stock
62783
I
By Managed Account D
Common Stock
28300
I
By Managed Account E
Common Stock
2011-11-10
4
P
0
4000
11.58
A
54704
D
The Reporting Person is the managing member of Knott Partners Management, LLC, which is (a) the sole general partner of Shoshone Partners, L.P., Knott Partners Offshore Master Fund, L.P. and Mulsanne Partners, L.P. and (b) the managing general partner of Knott Partners, L.P. The Reporting Person is also a general partner of Knott Partners, L.P.
The Reporting Person is the sole director and the president of Dorset Management Corporation, which (a) provides investment management services to Knott Partners Offshore (SRI) Fund Limited and (b) separate institutional managed accounts (each, a "Managed Account").
As a result of the Reporting Person's interests in Knott Partners Management, LLC and in Dorset Management Corporation, the Reporting Person has investment discretion and control of the securities in this entry. The Reporting Person may be deemed to beneficially own an indirect pecuniary interest in securities in this entry as a result of a performance related fee. Except with respect to Knott Partners, L.P., Knott Partners Offshore Master Fund, L.P., Shoshone Partners, L.P., and Mulsanne Partners, L.P., in which the Reporting Person owns a beneficial interest, the Reporting Person disclaims beneficial ownership therein except to the extent ultimately realized. Each of Knott Partners, L.P., Knott Partners Offshore Master Fund, L.P., Shoshone Partners, L.P., Mulsanne Partners, L.P., Knott Partners Offshore (SRI) Fund Limited, and each of the Managed Accounts disclaims beneficial ownership of securities reported as owned by any other party.
These securities, as represented in Column 5, reflect shares previously reported in a Form 4 filed June 6, 2011.
Due to a rounding error from the Reverse Stock Split, the last digit of the Reporting Person's direct holdings, as set forth in Column 5 of the Form 4s filed on June 6, 2011 and subsequently, was incorrectly reported as "5". This filing corrects that final digit to be a "4".
/s/David M. Knott
2011-11-14