SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 27, 2012
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
On August 27, 2012, Targacept, Inc. and Wake Forest University Health Sciences (WFUHS) amended Targacepts lease for its Winston-Salem, North Carolina facilities. The amendment, which is effective as of July 31, 2012, extends the lease term until the end of 2012, reduces the space leased by Targacept from approximately 79,000 square feet to 48,318 square feet and reduces the monthly rent payable by Targacept by approximately 37% to $131,141. Targacept and WFUHS remain in discussions regarding terms for a potential renewal period that, if agreed upon, would begin January 1, 2013.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.