Sec Form 3 Filing - ELAN CORP PLC @ Lipocine Inc. - 2013-07-24

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
ELAN CORP PLC
2. Issuer Name and Ticker or Trading Symbol
Lipocine Inc. [ MBARD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
TREASURY BUILDING, LOWER GRAND CANAL STREET
3. Date of Earliest Transaction (MM/DD/YY)
07/24/2013
(Street)
DUBLIN 2, L200000
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 800,394 I ( 1 ) Indirect ( 1 )
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
ELAN CORP PLC
TREASURY BUILDING
LOWER GRAND CANAL STREET
DUBLIN 2, L200000
X
Elan Pharma International LTD
TREASURY BUILDING
LOWER GRAND CANAL STREET
DUBLIN 2, L200000
X (1)
ELAN INTERNATIONAL SERVICES LTD
C/O TREASURY BUILDING
LOWER GRAND CANAL STREET
DUBLIN 2, L200000
X
Signatures
/s/ William F. Daniel, Executive Vice President and Company Secretary 08/02/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )718,483 shares are directly owned by Elan International Services Limited, an indirect wholly-owned subsidiary of Elan Corporation, plc ("Elan"), and 81,911 shares are directly owned by Elan Pharma International Limited, an indirect wholly-owned subsidiary of Elan. Elan Pharma International Limited may be deemed to be a member of a 13(d) group (with Elan and Elan International Services Limited) constituting a 10% owner.

Remarks:
Exhibit List: Exhibit 99.1 - Joint Filer Information

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).
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