GLFD filing from today.........
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Since October 9, 1998, Partners, in its capacity as general partner of
BVF, has purchased on behalf of such limited partnership an aggregate number
of 1,750 shares of the Stock for an aggregate consideration of $27,428.78,
utilizing funds provided by BVF from its working capital pursuant to the
terms of its limited partnership agreement with Partners, and sold an
aggregate number of 62,200 shares of the Stock for an aggregate consideration
of $852,566.43. In addition, Partners, in its capacity as investment manager
with respect to certain managed accounts, has purchased on behalf of such
managed accounts an aggregate number of 750 shares of the Stock for an
aggregate consideration of $11,678.78, utilizing funds under management by
Partners pursuant to investment management agreements between Partners and
such managed accounts, and sold an aggregate number of 172,100 shares of the
Stock for an aggregate consideration of $2,327,984.23.
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So, pretty much the same story..... selling an interest in a company that they like, IMO. |
