Here's an update on the SBH sales from the EDGAR database. It looks like their selling has continued and they've sole almost half of their holdings in IDEC.
Ed
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</TABLE>Item 5. Interest in Securities of the Issuer.
(a) Amount and Percent Beneficially Owned
<TABLE>
<CAPTION>
Registered Name No. of Shares Percent
<S> <C> <C>
SmithKline Beecham Corporation 638,360 3.5%
</TABLE>
(b)
(c) The reporting persons sold 467,500 shares of Common Stock
in the open market in the following manner:
<TABLE>
<CAPTION>
Registered Name Transaction Date Number of Share Price Per Share
<S> <C> <C> <C>
SmithKline Beecham Corporation March 4, 1997 30,000 24.50
SmithKline Beecham Corporation March 5, 1997 15,000 24.50
SmithKline Beecham Corporation March 6, 1997 12,500 24.50
SmithKline Beecham Corporation March 6, 1997 7,500 24.625
SmithKline Beecham Corporation March 7, 1997 40,000 24.875
SmithKline Beecham Corporation March 7, 1997 40,000 25.00
SmithKline Beecham Corporation March 7, 1997 10,000 25.25
SmithKline Beecham Corporation March 7, 1997 10,000 25.375
SmithKline Beecham Corporation March 7, 1997 25,000 25.50
SmithKline Beecham Corporation March 7, 1997 12,500 25,625
SmithKline Beecham Corporation March 7, 1997 5,000 25.75
SmithKline Beecham Corporation March 7, 1997 45,000 25.875
SmithKline Beecham Corporation March 10, 1997 12,500 26.125
SmithKline Beecham Corporation March 11, 1997 165,000 29.50
SmithKline Beecham Corporation March 11, 1997 10,000 29.625
SmithKline Beecham Corporation March 11, 1997 25,000 30.00
SmithKline Beecham Corporation March 14, 1997 2,500 28.50
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467,500 |
