LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Covalent Partners LLC's Holding History (CIK: 0001531611)

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

Q2 2013

Shares 87,587 Value ($000) $3,276 Avg Close $17.99 Range $14.66 - $23.74

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2013	87,587	$3,276	$17.99	$14.66 - $23.74