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Anacor Pharmaceuticals director just picked up 257,647 shares

Anders D Hove, a director of Anacor Pharmaceuticals, recently acquired 257,647 shares of the company. The buys took place at $31.05 per share, on April 14, 2016. Hove now owns 387,767 shares of the company. Hove operates out of Palo Alto, CA. Some additional info was provided as follows:

The conversions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Venrock Healthcare Capital Partners, L.P. ("VHCP"), VHCP Co-Investment Holdings, LLC ("VHCP Co-Invest"), Venrock Healthcare Capital Partners II, L.P. ("VHCP II"), VHCP Co-Investment Holdings II, LLC ("VHCP Co-Invest II"), Venrock Associates IV, L.P. ("VA4"), Venrock Partners, L.P. ("VP") and Venrock Entreprenerus Fund IV, L.P. ("VEF4") on March 16, 2016. The shares are held as fol lows: 44,464 shares held by VA4, 9,068 shares held by VP, 1,092 shares held by VEF4, 100,521 shares held by VHCP, 18,383 shares held by VHCP Co-Invest, 151,658 shares held by VHCP II, and 28,695 shares held by VHCP Co-Invest II. Venrock Management IV, LLC ("VM4"), Venrock Partners...