Statement of Changes in Beneficial Ownership (4)
August 18 2014 - 7:27PM
Edgar (US Regulatory)
X0306
4
2014-08-14
0
0000861838
IDERA PHARMACEUTICALS, INC.
IDRA
0001534428
Pillar Invest Corp
C/O IDERA PHARMACEUTICALS, INC.
167 SIDNEY STREET
CAMBRIDGE
MA
02139
1
0
1
0
0001534425
Pillar Pharmaceuticals I LP
PILLAR INVEST OFFSHORE SAL, STARCO CTR,
BLOC B, 3RD FLOOR, OMAR DAOUK STREET
BEIRUT
M8
2020-3313
LEBANON
1
0
1
0
0001193366
ZEIN YOUSSEF EL
PILLAR INVEST OFFSHORE SAL, STARCO CTR,
BLOC B, 3RD FLOOR, OMAR DAOUK STREET
BEIRUT
M8
2020-3313
LEBANON
1
0
1
0
Common Stock
2014-08-14
4
S
0
400772
0.00
D
0
I
See Footnote
Common Stock
2014-08-15
4
S
0
215934
0.00
D
0
I
See Footnote
Common Stock
2014-08-18
4
S
0
383294
0.00
D
0
I
See Footnote
Common Stock
2014-08-15
4
X
0
1000000
0.00
A
0
I
See Footnote
Warrants
0.61
2014-08-15
4
X
0
1000000
0.00
D
2013-05-07
2018-05-07
Common Stock
1000000
0
I
See Footnote
Shares sold by Pillar Pharmaceuticals I, L.P. ("Pillar I"), of which Pillar Invest Corporation ("Pillar GP") is the general partner. Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar I and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar I. As of the date hereof, Pillar I owns directly 6,296,933 shares of common stock of the Issuer.
Youssef El Zein is a director and controlling stockholder of Pillar GP and serves as the representative of a Pillar I and Pillar GP on the Issuer's board of directors. Mr. El Zein disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar I and this report shall not be deemed an admission that he is the beneficial owners of any such securities, except to the extent of his pecuniary interest therein, if any, by virtue of his ownership interest in Pillar GP. As of the date hereof, Mr. El Zein owns directly 586,101 shares of common stock of the Issuer.
Warrants beneficially owned and exercised for shares of common stock by Pillar I, of which Pillar GP is the general partner (the "Pillar I Warrants"). Pillar GP disclaims Section 16 beneficial ownership of the Pillar I Warrants and the common stock underlying such warrants and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar I.
/s/ Youssef El Zein, Authorized Person
2014-08-18
/s/ Youssef El Zein
2014-08-18
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