Sec Form 4 Filing - Hove Anders D @ Anacor Pharmaceuticals, Inc. - 2015-11-10

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hove Anders D
2. Issuer Name and Ticker or Trading Symbol
Anacor Pharmaceuticals, Inc. [ ANAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O VENROCK, 3340 HILLVIEW AVE.
3. Date of Earliest Transaction (MM/DD/YY)
11/10/2015
(Street)
PALO ALTO, CA94304
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 11/10/2015 S 100,295 D $ 103.6 1,598,517 ( 1 ) I By Funds and LLC's ( 2 )
Common Stock 11/10/2015 J 372,982 ( 3 ) D $ 0 1,225,535 ( 4 ) I By Funds and LLC's ( 2 )
Common Stock 11/10/2015 J 73,092 ( 5 ) A $ 0 73,886 D ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hove Anders D
C/O VENROCK
3340 HILLVIEW AVE.
PALO ALTO, CA94304
X
Signatures
/s/ Anders D. Hove 11/12/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Following the sale, the shares are held as follows: 566,247 shares held by Venrock Associates IV, L.P. ("VA4"), 115,475 shares held by Venrock Partners, L.P. ("VP"), 13,913 shares held by Venrock Entreprenerus Fund IV, L.P. ("VEF4"), 447,957 shares held by Venrock Healthcare Capital Partners, L.P. ("VHCP"), 81,943 shares held by VHCP Co-Investment Holdings, LLC ("VHCP Co-Invest"), 180,193 shares held by Venrock Management IV, LLC ("VM4"), 36,797 shares held by Venrock Partners Management, LLC ("VPM"), 3,502 shares held by VEF Management IV, LLC ("VEFM4") and 152,490 shares held by VHCP Management, LLC (" VHCP Management").
( 2 )VM4, VPM and VEFM4 are the sole general partners of VA4, VP and VEF4, respectively, and may be deemed to beneficially own these shares. VHCP Management is the general partner of VHCP and the manager of VHCP Co-Invest and may be deemed to beneficially own these shares. Anders Hove is a member of VM4, VPM and VEFM4 and a managing member of VHCP Management. Dr. Hove expressly disclaims beneficial ownership over all shares held by VA4, VP, VEF4, VHCP, VHCP Co-Invest, VM4, VPM, VEFM4 and VHCP Management except to the extent of his indirect pecuniary interest therein.
( 3 )On November 10, 2015, VM4, VPM, VEFM4 and VHCP Management distributed an aggregate of 372,982 shares of the common stock of the Issuer to their respective partners pro rata based on their respective interests (the "Distribution").
( 4 )Following the Distribution, the shares are held as follows: 566,247 shares held by VA4, 115,475 shares held by VP, 13,913 shares held by VEF4, 447,957 shares held by VHCP, and 81,943 shares held by VHCP Co-Invest.
( 5 )In the Distribution, Dr. Hove received an aggregate of 73,092 shares through his ownership interests in the Venrock entities. For Dr. Hove, this represents a change in form of ownership from indirect to direct but does not represent a change in beneficial ownership.
( 6 )The reporting person is a member of VR Management, LLC (the "Management Company"). Under an agreement between the reporting person and the Management Company, the reporting person is deemed to hold an aggregate of 794 of the reported securities for the sole benefit of the Management Company (the "Management Company Shares"). The Management Company may be deemed the indirect beneficial owner of the Management Company Shares, and the reporting person may be deemed the indirect beneficial owner of the Management Company Shares through his interest in the Management Company. The reporting person disclaims beneficial ownership of the Management Company Shares except to the extent of his indirect pecuniary interest therein.

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