424B7 1 w31085e424b7.htm 424B7 e424b7
 

PROSPECTUS SUPPLEMENT NO. 7
(to Prospectus dated October 14, 2005)
  Filed Pursuant to Rule 424(b)(7)
Registration No. 333-128874
Human Genome Sciences, Inc.
 
$230,000,000
2-1/4% Convertible Subordinated Notes Due 2012
and
12,932,969 Shares of Common Stock
Issuable Upon Conversion of the Notes
 
     The following information supplements information contained in our prospectus dated October 14, 2005, relating to the potential offer and sale from time to time by holders of the notes and the underlying shares of our common stock. See “Plan of Distribution” in our prospectus.
     This prospectus supplement may only be delivered or used in connection with our prospectus. This prospectus supplement is incorporated by reference into our prospectus. Our common stock is listed on The NASDAQ Global Market under the symbol “HGSI.”
     Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
Prospectus Supplement dated March 5, 2007

 


 

     The notes were originally issued by us and sold by Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as initial purchasers, in a transaction exempt from the registration requirements of the Securities Act to persons reasonably believed by the initial purchasers to be qualified institutional buyers or other institutional accredited investors. Selling holders, including their transferees, pledgees or donees or their successors, may from time to time offer and sell any or all of the notes and common stock into which the notes are convertible.
 
     The following table supplements the information in our prospectus with respect to the selling holders and the principal amounts of notes and common stock they beneficially own that may be offered under our prospectus. The information is based on information provided by or on behalf of the selling holders. All information provided in this prospectus supplement is as of March 5, 2007.
     The selling holders may offer all, some or none of the notes or common stock into which the notes are convertible. Thus, we cannot estimate the amount of the notes or the common stock that will be held by the selling holders upon termination of any sales. The column showing ownership after completion of the offering assumes that the selling holders will sell all of the securities offered by this prospectus. In addition, the selling holders identified below may have sold, transferred or otherwise disposed of all or a portion of their notes since the date on which they provided the information about their notes in transactions exempt from the registration requirements of the Securities Act. None of the selling holders has had any material relationship with us or our affiliates within the past three years.
     No selling holder named in the table below beneficially owns 1% or more of our outstanding common stock as of March 5, 2007, adjusted as required by the SEC’s rules. Common stock owned prior to the offering and after completion of the offering includes shares of common stock issuable upon conversion of our 2-1/4% Convertible Subordinated Notes Due 2011.
                                 
                            Common
                            Stock Owned
    Principal Amount of   Common Stock   Common   After
    Notes Beneficially   Owned Prior to   Stock   Completion of
Name   Owned and Offered   the Offering   Offered   the Offering
Fore ERISA Master Fund, Ltd. (1)
  $ 263,000       14,788       14,788        
Man Mac I Limited (2)
  $ 1,237,000       69,556       69,556        
                 
Total
  $ 1,500,000       84,344       84,344        
                 
 
*   Broker-dealer
**   Affiliate of broker-dealer
     
(1)   Voting power and investment control over the registrable securities is exercised by Matthew Li, general partner of Fore Matthew Li, LLC, which is the general partner of the selling holder.
     
(2)   Voting power and investment control over the registrable securities is exercised by Matthew Li, general partner of Matthew Li, LLC, which is the general partner of the selling holder.
     Information concerning the selling holders may change from time to time and any changed information will be set forth in future prospectus supplements if and when necessary. In addition, the per share conversion price and the “make-whole” payment, if any, and therefore the number of shares of common stock issuable upon conversion of the notes, are subject to adjustment. See “Description of Notes – Conversion Rights” in the prospectus. As a result, the aggregate principal amount of notes and the number of shares of common stock issuable upon conversion may increase or decrease.

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