0001518546-12-000001.txt : 20120120 0001518546-12-000001.hdr.sgml : 20120120 20120120163715 ACCESSION NUMBER: 0001518546-12-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120118 FILED AS OF DATE: 20120120 DATE AS OF CHANGE: 20120120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hart Danny J Jr. CENTRAL INDEX KEY: 0001518546 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19756 FILM NUMBER: 12537378 MAIL ADDRESS: STREET 1: 932 SOUTHWOOD BOULEVARD CITY: INCLINE VILLAGE STATE: NV ZIP: 89451 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PDL BIOPHARMA, INC. CENTRAL INDEX KEY: 0000882104 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 943023969 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 932 SOUTHWOOD BLVD CITY: INCLINE VILLAGE STATE: NV ZIP: 89451 BUSINESS PHONE: 775-832-8500 MAIL ADDRESS: STREET 1: 932 SOUTHWOOD BLVD CITY: INCLINE VILLAGE STATE: NV ZIP: 89451 FORMER COMPANY: FORMER CONFORMED NAME: PROTEIN DESIGN LABS INC/DE DATE OF NAME CHANGE: 19930328 4 1 primary_doc.xml PRIMARY DOCUMENT X0304 4 2012-01-18 0 0000882104 PDL BIOPHARMA, INC. PDLI 0001518546 Hart Danny J Jr. 932 SOUTHWOOD BOULEVARD INCLINE VILLAGE NV 89451 0 1 0 0 Deputy G. Counsel/Asst Secry Common Stock 2012-01-18 4 A 0 4801 6.29 A 10610 D 1. The shares will vest on December 31, 2013, provided I am continuously employed by the Company through such date. In the event I am terminated by PDLI without cause or resign for good reason, the shares shall ratably accelerate and vest in proportion to the time lapsed during the vesting period. During the vesting period, I have the right to vote the shares and will receive any dividends and other shareholder distributions paid by PDLI. Such dividends and other distributions shall accumulate with interest and will vest and pay if and when the underlying shares vest. /s/ Danny J. Hart, Jr. 2012-01-20