X0306 4 2015-02-07 0 0000890465 NPS PHARMACEUTICALS INC NPSP 0001299691 Rogus Joseph J 550 HILLS DRIVE BEDMINSTER NJ 07921 0 1 0 0 SVP, GTO & Supply Chain Mngmt Common Stock 2015-02-07 4 J 0 3767 A 20151 D Common Stock 2015-02-07 4 F 0 1132 45.85 D 19019 D Common Stock 2015-02-12 4 M 0 1567 A 20586 D Common Stock 2015-02-12 4 F 0 705 45.85 D 19881 D Common Stock 2015-02-13 4 M 0 3240 A 23121 D Common Stock 2015-02-13 4 F 0 1458 45.88 D 21663 D Restricted Stock Units 2015-02-12 4 M 0 1567 0 D Common Stock 1567 3136 D Restricted Stock Units 2015-02-12 4 A 0 4362 0 A Common Stock 4362 4362 D Restricted Stock Units 2015-02-13 4 M 0 3240 0 D Common Stock 3240 3241 D Shares acquired upon vesting of Restricted Stock Units granted to the Reporting Person on February 7, 2012 and reported on a Form 4 filed on February 9, 2012. The Reporting Person reported all Restricted Stock Units granted to the Reporting Person on February 7, 2012 in Table I of the Form 4 filed on February 9, 2012. As such, no adjustment to the Reporting Person's beneficial ownership needs to be made to reflect this vesting event. Shares were withheld from the Reporting Person, in an exempt transaction under Rule 16b-3, solely to satisfy tax obligations arising from the vesting of the Restricted Stock Units described in this Form 4. Each vested Restricted Stock Unit is the economic equivalent of one share of common stock of NPS Pharmaceuticals, Inc. (the "Issuer"). The vested Restricted Stock Units were settled for shares of the Issuer's common stock. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. On February 12, 2014, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of the date of grant, (ii) one third vesting on the second anniversary of the date of grant and (iii) the remaining vesting on the third anniversary of the date of grant. Restricted Stock Units will vest as follows: (i) one third will vest on the first anniversary of date of grant, (ii) one third on the second anniversary of date of grant, and (iii) one third on the third anniversary of date of grant. Vested shares will be delivered to the Reporting Person as soon as administratively practicable following the vesting of the Restricted Stock Units. On February 13, 2013, the Restricted Stock Units were granted with (i) one third vesting on the first anniversary of the date of grant, (ii) one third vesting on the second anniversary of the date of grant and (iii) the remaining vesting on the third anniversary of the date of grant. /s/ Joseph J. Rogus, by Jill Thompson as attorney-in-fact 2015-02-19