X0303 4 2011-02-11 0000737207 Marina Biotech, Inc. MRNA 0001495401 Parker Peter 3830 MONTE VILLA PARKWAY BOTHELL WA 98021 1 0 0 0 Common Stock 2011-02-11 4 J 0 116253 A 124210 D On February 11, 2011, certain stockholders of Marina Biotech, Inc. ("Marina") entered into a Transfer and Sale Agreement with Marina and the Reporting Person pursuant to which they agreed to transfer a total of 116,253 shares of Marina Common Stock that they had received as merger consideration in connection with the merger of Cequent Pharmaceuticals, Inc. ("Cequent") with and into Marina to the reporting person as consideration for services rendered by the Reporting Person to Cequent. /s/ Peter Parker 2011-02-15