0001104659-12-000436.txt : 20120104
0001104659-12-000436.hdr.sgml : 20120104
20120104185346
ACCESSION NUMBER: 0001104659-12-000436
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120101
FILED AS OF DATE: 20120104
DATE AS OF CHANGE: 20120104
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: 12508393
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
2012-01-01
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
2012-01-01
4
J
0
28300
0
D
0
I
By Managed Account E
Common Stock
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 provides investment management services to (a) Knott Partners Offshore (SRI) Fund Limited and (b) separate institutional managed accounts (each, a "Managed Account"), except as further described in footnote 4, below.
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.
There was no sale or purchase of the shares of Common Stock described in Column 4 of Table I for Managed Account E. The transaction reported merely reflects that the investment management services referred to in footnote 2 are no longer provided by Dorset Management Corporation to Managed Account E. Consequently, the Reporting Person neither has any investment discretion and control with respect to, nor may be deemed to beneficially own an indirect pecuniary interest in, securities included in Managed Account E. Managed Account E disclaims beneficial ownership of securities reported as owned by any other party.
/s/David M. Knott
2012-01-04