SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
CARVER JENNIFER

(Last) (First) (Middle)
C/O LA JOLLA PHARMACEUTICAL COMPANY,
10182 TELESIS COURT, 6TH FLOOR

(Street)
SAN DIEGO CA 92121

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2016
3. Issuer Name and Ticker or Trading Symbol
LA JOLLA PHARMACEUTICAL CO [ LJPC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President, Operations
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 2,500 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (1) 02/07/2024 Common Stock 18,000 $7.26 D
Stock Option (Right to Buy) (2) 05/22/2024 Common Stock 10,000 $7.69 D
Stock Option (Right to Buy) (3) 01/09/2025 Common Stock 12,000 $19.8 D
Stock Option (Right to Buy) (4) 02/23/2025 Common Stock 23,500 $19.69 D
Stock Option (Right to Buy) (5) 08/31/2025 Common Stock 20,000 $35.58 D
Stock Option (Right to Buy) (6) 12/21/2025 Common Stock 51,000 $28.24 D
Explanation of Responses:
1. This option represents a right to purchase a total of 18,000 shares of the Issuer's Common Stock one quarter of which shall be fully vested and exercisable on February 7, 2015, with the remaining 13,500 shares vesting quarterly thereafter over the next three years.
2. This option represents a right to purchase a total of 10,000 shares of the Issuer's Common Stock one quarter of which shall be fully vested and exercisable on May 22, 2015, with the remaining 7,500 shares vesting quarterly thereafter over the next three years.
3. This option represents a right to purchase a total of 12,000 shares of the Issuer's Common Stock one quarter of which shall be fully vested and exercisable on November 20, 2015, with the remaining 9,000 shares vesting monthly thereafter over the next three years.
4. This option represents a right to purchase a total of 23,500 shares of the Issuer's Common Stock one quarter of which shall be fully vested and exercisable on February 23, 2016, with the remaining 17,625 shares vesting monthly thereafter over the next three years.
5. Option vests and becomes exercisable upon the achievement of certain performance-related goals in 2016. The timing for the achievement of such goals determines the number of shares underlying the award.
6. This option represents a right to purchase a total of 51,000 shares of the Issuer's Common Stock one quarter of which shall be fully vested and exercisable on December 21, 2016, with the remaining 38,250 shares vesting quarterly thereafter over the next three years.
Remarks:
/s/ Ryan Murr, as attorney-in-fact for Jennifer A. Carver 01/11/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.