LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

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

Q1 2019

Shares 3,211 Value ($000) $404 Avg Close $75.76 Range $61.48 - $90.42

Q4 2018

Shares 2,489 Value ($000) $338 Avg Close $106.61 Range $79.98 - $173.81

Q3 2018

Shares 2,791 Value ($000) $766 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 1,703 Value ($000) $353 Avg Close $111.59 Range $93.09 - $132.56

Q1 2018

Shares 1,780 Value ($000) $294 Avg Close $98.89 Range $85.31 - $115.28

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	3,211	$404	$75.76	$61.48 - $90.42
Q4 2018	2,489	$338	$106.61	$79.98 - $173.81
Q3 2018	2,791	$766	$150.76	$127.91 - $172.25
Q2 2018	1,703	$353	$111.59	$93.09 - $132.56
Q1 2018	1,780	$294	$98.89	$85.31 - $115.28