-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Iqw51vjcxzKp7xyqGfIo1w5TSrz13QxhRwTwt7vmqkoXKPOGHNdKMNBL985XZtyJ HIGdmuWx0P+Q8u+EGIrXUg== 0000886163-02-000004.txt : 20020415 0000886163-02-000004.hdr.sgml : 20020415 ACCESSION NUMBER: 0000886163-02-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020404 ITEM INFORMATION: Other events FILED AS OF DATE: 20020404 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20720 FILM NUMBER: 02602168 BUSINESS ADDRESS: STREET 1: 10275 SCIENCE CENTER DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92121-1117 BUSINESS PHONE: 8585507500 MAIL ADDRESS: STREET 1: 10275 SCIENCE CENTER DRIVE CITY: SAN DIEGO STATE: CA ZIP: 92121-1117 8-K 1 ligand0404028k.txt 04/04/2002 8K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 4, 2002 LIGAND PHARMACEUTICALS INCORPORATED (Exact name of registrant as specified in its charter) DELAWARE (State or other jurisdiction of incorporation) 000-20720 (Commission File Number) 10275 Science Center Drive, San Diego, California (Address of principal executive offices) (858) 550-7500 (Registrant's telephone number, including area code) 77-0160744 (I.R.S. Employer Identification No.) 92121-1117 (Zip Code) Item 5. Other Events On April 1, 2002, the Company received notice from a collaboration partner of its intent to sell up to 3,023,329 shares of our common stock, of which 412,504 shares are subject to Rule 144 restrictions. We have a right, exercisable for five (5) business days following the notice, to purchase all or none of those shares at prices specified on our stock purchase agreement with the partner. The Company has elected not to exercise its purchase rights. Under the stock purchase agreement, and following our election, the partner may sell the shares to others at any time within ninety (90) days of the expiration of its offer to the Company. Unless otherwise agreed, if all of the shares are not sold during those 90 days, our partner must submit subsequent offer notices to the Company. Absent such agreement, we anticipate that our partner will continue to submit such offer notices to the extent it does not sell all of the shares of our common stock during the current 90-day period. We have in the past received such notices from this partner and other partners. In some cases our partners, including this partner, did not sell shares following their notices to us. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned. LIGAND PHARMACEUTICALS INCORPORATED Date : April 4, 2002 By: /S/WARNER BROADDUS Name: Warner Broaddus Title: Vice President, General Counsel & Secretary -----END PRIVACY-ENHANCED MESSAGE-----