X0306 4 2018-02-28 0 0001347178 Vanda Pharmaceuticals Inc. VNDA 0001652023 Reverberi Gian Piero 2200 PENNSYLVANIA AVENUE SUITE 300E WASHINGTON DC 20037 0 1 0 0 SVP & Chief Commercial Officer Common Stock 2018-02-28 4 A 0 30000 A 140000 D Employee Stock Option (Right to Buy) 18.85 2018-02-28 4 A 0 70000 0.00 A 2028-02-27 Common Stock 70000 70000 D Represents shares of common stock underlying a time-based restricted stock unit award ("RSU"). The RSU vests in four (4) equal annual installments beginning February 28, 2019, provided the Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest. The option vests in forty-eight (48) equal monthly installments beginning on February 28, 2018, provided the Reporting Person remains continuously employed by the Issuer through each vesting date. /s/ Gian Piero Reverberi 2018-03-02