X0303 4 2008-07-15 0000890465 NPS PHARMACEUTICALS INC NPSP 0001013421 KUHLA DONALD E 550 HILLS DRIVE BEDMINSTER NJ 07921 1 0 0 0 Deferred Stock Units 2008-07-15 4 A 0 4332 0 A Common Stock 4332 84926 D Each Deferred Stock Unit represents a right to receive one share of NPS Common Stock. Deferred Stock Units awarded under the Nonemployee Directors' Deferred Compensation Program will be settled in NPS Common Stock upon (1) separation from service on the Board, (2) death, (3) disability, or (4) sale of substantially all the assets of the Company. Andrew D. Rackear 2008-07-15