LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Peregrine Asset Advisers, Inc.'s Holding History (CIK: 0001535227)

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

Q4 2015

Shares 2,100 Value ($000) $228 Avg Close $61.74 Range $50.61 - $71.12

Q2 2015

Shares 2,100 Value ($000) $212 Avg Close $54.56 Range $46.51 - $63.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	2,100	$228	$61.74	$50.61 - $71.12
Q2 2015	2,100	$212	$54.56	$46.51 - $63.78