X0303 4 2008-12-02 0 0000906709 NEKTAR THERAPEUTICS NKTR 0001401267 Huh Hoyoung 201 INDUSTRIAL ROAD SAN CARLOS CA 94070 1 0 0 0 Stock Option 5.15 2008-12-02 4 A 0 15000 5.15 A 2016-12-02 Common Stock 15000 15000 D Restricted Stock Unit 0.01 2008-12-02 4 A 0 5000 0.01 A Common Stock 5000 5000 D The Reporting Person is receiving this equity compensation under the Amended and Restated Compensation Plan for Non-Employee Directors. 1/12th of the shares shall vest per calendar month following September 30, 2008 (with all of such shares subject to the stock option becoming vested at September 30, 2009), provided that the Reporting Person continues his or her service as a director. The shares of Common Stock are issued upon the vesting of restricted stock units granted to the Reporting Person on September 30, 2009, provided that the Reporting Person continues his or her service as a director through such date. Not applicable. Gil M. Labrucherie - Attorney-in-Fact 2008-12-04