Company: LGNZZ
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000886163-25-000025
Chunk: 28

Company: LIGAND PHARMACEUTICALS INC
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 28
---
 Gallagher, where he focused on corporate transactions, including finance and mergers and acquisitions. Mr. Reardon earned his J.D. from the University of Iowa College of Law, graduating with High Distinction and receiving the Alan I. Widiss Faculty Scholar Award, and received his B.A. with honors from the State University of New York College at Old Westbury.

23

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, DIRECTORS AND MANAGEMENT

The following table shows, based on information we have, the beneficial ownership of our common stock as of the Record Date, by:

• all persons who are beneficial owners of 5% or more of our outstanding common stock;

• each of our current directors;

• each of our named executive officers (as defined below in “Compensation Discussion and Analysis – Summary Compensation Table”); and

• all of our executive officers and directors as a group.

Unless otherwise indicated, each of the stockholders has sole voting and investment power with respect to the shares beneficially owned, subject to community property laws, where applicable. Percentage of ownership is based on approximately 19,280,962 shares of common stock outstanding on the Record Date. Shares of common stock underlying options include options which are currently exercisable or will become exercisable within 60 days after the Record Date, which are deemed outstanding for computing the percentage of the person or group holding such options, but are not deemed outstanding for computing the percentage of any other person or group. The address for individuals for whom an address is not otherwise indicated is 555 Heritage Drive, Suite 200, Jupiter, Florida 33458.

| Beneficial Owner                                            |     | Number of    
 Shares       
 Beneficially 
 Owned        |           |        |     | Percent of  
 Class Owned |
| BlackRock, Inc.(1)                                          
 55 East 52ndStreet                                          
 New York, NY 10055                                          |     |              | 2,945,939 |        |     | 15.3%       |
| The Vanguard Group(2)                                       
 100 Vanguard Blvd.                                          
 Malvern, PA 19355                                           |     |              | 1,876,514 |        |     | 9.7%        |
| Janus Henderson Group plc(3)                                
 201 Bishopsgate EC2M 3AE                                    
 United Kingdom                                              |     |              | 1,015,023 |        |     | 5.3%        |
| Directors and Executive Officers