LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

GILDER GAGNON HOWE & CO LLC's Holding History (CIK: 0000902464)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014

Shares 15,879 Value ($000) $989 Avg Close $40.58 Range $34.87 - $44.57

Q1 2014

Shares 256,909 Value ($000) $17,282 Avg Close $41.68 Range $31.65 - $50.17

Q4 2013

Shares 253,480 Value ($000) $13,333 Avg Close $32.58 Range $26.95 - $36.48

Q3 2013

Shares 173,981 Value ($000) $7,530 Avg Close $28.13 Range $22.97 - $31.72

Q2 2013

Shares 85,544 Value ($000) $3,199,346 Avg Close $17.99 Range $14.66 - $23.74

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	15,879	$989	$40.58	$34.87 - $44.57
Q1 2014	256,909	$17,282	$41.68	$31.65 - $50.17
Q4 2013	253,480	$13,333	$32.58	$26.95 - $36.48
Q3 2013	173,981	$7,530	$28.13	$22.97 - $31.72
Q2 2013	85,544	$3,199,346	$17.99	$14.66 - $23.74