Transcept Pharmaceuticals Inc (TSPT)

[manny t]

TSPT,

He set up a 10b5-1 selling plan and that's why he sold.

Not a bad idea to sell some shares.

He still has 63,900 shares in options and derivatives available,and over 30,000 in trusts.

http://www.secform4.com/filings/1178711/000118143111057709.htm

Manny