X0306 4 2019-06-06 0 0000886163 LIGAND PHARMACEUTICALS INC LGND 0001714949 Gray Nancy Ryan 3911 SORRENTO VALLEY BOULEVARD, STE 110 SAN DIEGO CA 92121 1 0 0 0 Common Stock 2019-06-06 4 A 0 835 0.0 A 2241 D Non-Qualified Stock Option (right to buy) 113.59 2019-06-06 4 A 0 4071 0.0 A 2029-06-06 Common Stock 4071 4071 D Acquired by a grant of the Board of Directors of the Company at their annual meeting on June 06, 2019. Fully vests on the earlier of (A) the date of the next annual meeting of the Company stockholders following the grant date or (B) on the first anniversary of the date of grant. Acquired by a grant of the Board of Directors of the Company at their annual meeting on June 06, 2019. Fully vests on the earlier of (A) the date of the next annual meeting of the Company stockholders following the grant date or (B) on the first anniversary of the date of grant. By: Charles S. Berkman For: Nancy Ryan Gray 2019-06-07