0001192482-11-000172.txt : 20110705 0001192482-11-000172.hdr.sgml : 20110704 20110705163312 ACCESSION NUMBER: 0001192482-11-000172 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110701 FILED AS OF DATE: 20110705 DATE AS OF CHANGE: 20110705 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Price P Schaefer CENTRAL INDEX KEY: 0001397332 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33428 FILM NUMBER: 11949947 MAIL ADDRESS: STREET 1: 303A COLLEGE ROAD EAST CITY: PRINCETON STATE: NJ ZIP: 08540 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Pharmasset Inc CENTRAL INDEX KEY: 0001301081 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 303-A COLLEGE ROAD EAST CITY: PRINCETON STATE: NJ ZIP: 08540 BUSINESS PHONE: 609-613-4100 MAIL ADDRESS: STREET 1: 303-A COLLEGE ROAD EAST CITY: PRINCETON STATE: NJ ZIP: 08540 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2011-07-01 0001301081 Pharmasset Inc VRUS 0001397332 Price P Schaefer 303A COLLEGE ROAD EAST PRINCETON NJ 08540 1 1 0 0 President and CEO Common Stock, $.001 par value per share 2011-07-01 4 M 0 20000 3.00 A 403283 D Common Stock, $.001 par value per share 2011-07-01 4 S 0 20000 110.4663 D 383283 D Stock Option (Right to Buy) 3.00 2011-07-01 4 M 0 20000 0 D 2014-08-10 Common Stock 20000 245957.33 D This transaction is the result of standing instructions set forth in a Rule 10b5-1 plan previously established by the filer. Represents the weighted average sales price for price increments ranging from $109.42 to $111.86. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4. The options were granted on August 10, 2004. 25% were vested on the one-year anniversary of the grant and 6.25% became vested quarterly thereafter. Kurt Leutzinger, Attorney in Fact for P. Schaefer Price 2011-07-05