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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Comment by CMaxon Dec 05, 2015 10:28am
456 Views
Post# 24357423

RE:RE:RE:RE:ProMetic Life Sciences Inc. (PLI) Director Sells C$774,913.3

RE:RE:RE:RE:ProMetic Life Sciences Inc. (PLI) Director Sells C$774,913.3

I guess they sold part of the shares to cover the cost of exercising those Rights and to pay taxes.  They all got the same price for the shares sold 2,9905$ (pre-arranged trade)

Also, Gregory Weaver bought two times 5 000 shares on the open market on december 3rd and december 4th at 2,2368$ and at 2,1413$ (both US dollars)

At the close on december 4th, after all the transactions, those insiders held 192 102 more shares.

Here's the details (sorry for the formatting):

Steven J Burton 

42 000 Rights at 1,23$ = 51 660$ (cost)
Sold 19 905 shares at 2,9905$ = 59 525$
+22 095 shares held after transactions

Dwun-Hou Chen

87 500 Rights at 1,23$ = 107 625$
5 000 Rights at 1,71$ = 116 175$
Total cost of 116 175$
Sold 34 589 shares at 2,9905$ = 103 438$
+57 911 shares held after ransactions

Bruce Pritchard

85 000 Rights at 1,23$ = 104 550$
23 392 Rights at 1,71$ = 40 000$
Total cost of 144 550$
Sold 53 943 shares at 2,9905$ = 161 316$
+ 54 449 shares held after transactions

Patrick Sartore

37 427 Rights at 1,71$ = 64 000$
63 750 Rights at 1,23$ = 78 412$
Total cost = 142 412$
Sold 53 530$ at 2,9905$ = 160 081$
+47 647 shares held after transactions

Bullboard Posts