FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cvijic Christine Mikail 		2. Issuer Name and Ticker or Trading Symbol

NPS PHARMACEUTICALS INC [ NPSP ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP, Legal Affairs & GC
(Last)          (First)          (Middle)

550 HILLS DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/15/2014
(Street)

BEDMINSTER, NJ 07921
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   $23.38   4/15/2014     A      79453         (1) 4/15/2024   Common Stock   79453   $0   79453   D    
Restricted Stock Units     (2) 4/15/2014     A      29085         (3)   (3) Common Stock   29085   $0   29085   D    

Explanation of Responses:
( 1)  The option vests over four years as follows: (i) 25% on the first anniversary of the stock option grant date and (ii) 6.25% on each quarterly anniversary thereafter.
( 2)  Each restricted stock unit represents a contingent right to receive one share of NPS Pharmaceuticals, Inc.'s common stock.
( 3)  The restricted stock units vest equally over three years as follows: (i) one-third on the first anniversary of the restricted stock unit grant date, (ii) one-third on the second anniversary of the restricted stock unit grant date and (iii) the remaining one-third on the third anniversary of the restricted stock unit grant date. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock units.

Remarks:
Exhibit List Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Cvijic Christine Mikail
550 HILLS DRIVE
BEDMINSTER, NJ 07921

SVP, Legal Affairs & GC

Signatures
/s/ Christine Mikail 4/17/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Nps (NASDAQ:NPSP)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Nps Charts.
Nps (NASDAQ:NPSP)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Nps Charts.