UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [_]; Amendment Number:
This Amendment (Check only one.): [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Sabby Management, LLC
Address: 10 Mountainview Road, Suite 205
Upper Saddle River, NJ 07458
Form 13F File Number: 28-
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Robert Grundstein
Title: Chief Operating Officer
Phone: (646) 307-4527
Signature, Place, and Date of Signing:
/s/ Robert Grundstein
---------------------
10 Mountainview Road, Suite 205, Upper Saddle River, NJ 07458
May 14, 2013
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[_] 13F NOTICE.
[_] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 209
Form 13F Information Table Value Total: $2,039,293 (thousands)
List of Other Included Managers:
01 Hal Mintz
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
-------- -------- -------- -------- -------- -------- -------- --------
VALUE SHARES/ SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
ABBVIE INC COM 00287Y909 19648 4818 SH CALL DEFINED 1 4818
ABBVIE INC COM 00287Y959 1962 481 SH PUT DEFINED 1 481
ACADIA PHARMACEUTICALS INC COM 004225908 12123 15268 SH CALL DEFINED 1 15268
ACADIA PHARMACEUTICALS INC COM 004225958 103 130 SH PUT DEFINED 1 130
ACHILLION PHARMACEUTICALS INC COM 00448Q901 1029 1177 SH CALL DEFINED 1 1177
ACORDA THERAPEUTICS INC COM 00484M906 11332 3538 SH CALL DEFINED 1 3538
AEGERION PHARMACEUTICALS COM 00767E102 16715 414364 SH DEFINED 1 414364
AEGERION PHARMACEUTICALS COM 00767E902 7027 1742 SH CALL DEFINED 1 1742
AEGERION PHARMACEUTICALS COM 00767E952 10400 2578 SH PUT DEFINED 1 2578
AETNA INC COM 00817Y958 25560 5000 SH PUT DEFINED 1 5000
AFFYMAX INC COM 00826A909 714 5135 SH CALL DEFINED 1 5135
AGENUS INC COM 00847G905 326 838 SH CALL DEFINED 1 838
ALEXION PHARMACEUTICALS INC COM 015351109 3429 37216 SH DEFINED 1 37216
ALEXION PHARMACEUTICALS INC COM 015351909 5842 634 SH CALL DEFINED 1 634
ALEXION PHARMACEUTICALS INC COM 015351959 19672 2135 SH PUT DEFINED 1 2135
ALEXZA PHARMACEUTICALS INC COM 015384909 918 2078 SH CALL DEFINED 1 2078
ALEXZA PHARMACEUTICALS INC COM 015384959 80 181 SH PUT DEFINED 1 181
ALIGN TECHNOLOGY INC COM 016255901 2369 707 SH CALL DEFINED 1 707
ALLERGAN INC COM 018490902 130942 11730 SH CALL DEFINED 1 11730
ALLERGAN INC COM 018490952 45478 4074 SH PUT DEFINED 1 4074
AMARIN CORPORATION PLC ADR 023111206 2170 292784 SH DEFINED 1 292784
AMARIN CORPORATION PLC ADR 023111906 9132 12324 SH CALL DEFINED 1 12324
AMARIN CORPORATION PLC ADR 023111956 468 631 SH PUT DEFINED 1 631
AMGEN INC COM 031162900 20687 2018 SH CALL DEFINED 1 2018
ANTHERA PHARMACEUTICALS INC COM 03674U102 8127 12502595 SH DEFINED 1 12502595
APPLE INC COM 037833100 221 500 SH DEFINED 1 500
ARENA PHARMACEUTICALS INC COM 040047102 103 12500 SH DEFINED 1 12500
ARENA PHARMACEUTICALS INC COM 040047902 6633 8079 SH CALL DEFINED 1 8079
ARENA PHARMACEUTICALS INC COM 040047952 2571 3131 SH PUT DEFINED 1 3131
ARIAD PHARMACEUTICALS INC COM 04033A100 1520 83998 SH DEFINED 1 83998
ARIAD PHARMACEUTICALS INC COM 04033A950 1717 949 SH PUT DEFINED 1 949
ASTEX PHARMACEUTICALS INC COM 04624B903 2005 4485 SH CALL DEFINED 1 4485
ASTEX PHARMACEUTICALS INC COM 04624B953 309 691 SH PUT DEFINED 1 691
ASTRAZENECA PLC COM 046353908 20842 4170 SH CALL DEFINED 1 4170
ASTRAZENECA PLC COM 046353958 5328 1066 SH PUT DEFINED 1 1066
ATHERSYS INC COM 04744L106 1753 1043300 SH DEFINED 1 1043300
AUXILIUM PHARMACEUTICALS INC COM 05334D907 8652 5007 SH CALL DEFINED 1 5007
AVEO PHARMACEUTICALS INC COM 053588909 683 929 SH CALL DEFINED 1 929
AVEO PHARMACEUTICALS INC COM 053588959 297 404 SH PUT DEFINED 1 404
BAXTER INTERNATIONAL INC COM 071813909 101246 13938 SH CALL DEFINED 1 13938
BAXTER INTERNATIONAL INC COM 071813959 66495 9154 SH PUT DEFINED 1 9154
BIODEL INC COM 09064M204 3889 1371214 SH DEFINED 1 1371214
BIODEL INC COM 09064M904 304 1072 SH CALL DEFINED 1 1072
BIODEL INC COM 09064M954 194 684 SH PUT DEFINED 1 684
BIOMARIN PHARMACEUTICAL INC COM 09061G901 35899 5766 SH CALL DEFINED 1 5766
BIOSANTE PHARMACEUTICALS INC COM 09065V952 37 314 SH PUT DEFINED 1 314
BRIDGEPOINT EDUCATION INC COM 10807M105 223 21822 SH DEFINED 1 21822
BRIDGEPOINT EDUCATION INC COM 10807M905 3077 3008 SH CALL DEFINED 1 3008
BRIDGEPOINT EDUCATION INC COM 10807M955 3958 3869 SH PUT DEFINED 1 3869
BRISTOL MYERS SQUIBB CO COM 110122908 6982 1695 SH CALL DEFINED 1 1695
BROOKDALE SENIOR LIVING INC COM 112463904 4673 1676 SH CALL DEFINED 1 1676
CARDICA INC COM 14141R101 860 661531 SH DEFINED 1 661531
CARDIUM THERAPEUTICS INC COM 141916106 1120 6998700 SH DEFINED 1 6998700
CELGENE CORP COM 151020904 96738 8346 SH CALL DEFINED 1 8346
CELGENE CORP COM 151020954 10872 938 SH PUT DEFINED 1 938
CEL-SCI CORP COM 150837409 1248 5413182 SH DEFINED 1 5413182
CELSION CORP COM 15117N305 1857 1765770 SH DEFINED 1 1765770
CELSION CORP COM 15117N905 1236 11775 SH CALL DEFINED 1 11775
CERUS CORP COM 157085101 1650 373374 SH DEFINED 1 373374
CERUS CORP COM 157085901 62 141 SH CALL DEFINED 1 141
COPART INC COM 217204906 5141 1500 SH CALL DEFINED 1 1500
CYBERONICS INC COM 23251P102 15192 324547 SH DEFINED 1 324547
CYBERONICS INC COM 23251P952 34756 7425 SH PUT DEFINED 1 7425
DELCATH SYSTEMS INC COM 24661P904 52 290 SH CALL DEFINED 1 290
DELCATH SYSTEMS INC COM 24661P954 737 4092 SH PUT DEFINED 1 4092
DELL INC COM 24702R101 2520 175874 SH DEFINED 1 175874
DELL INC COM 24702R951 2936 2049 SH PUT DEFINED 1 2049
DENDREON CORP COM 24823Q107 4681 989720 SH DEFINED 1 989720
DENDREON CORP COM 24823Q907 2841 6006 SH CALL DEFINED 1 6006
DENDREON CORP COM 24823Q957 9281 19622 SH PUT DEFINED 1 19622
EDAP TMS SA ADR 268311107 85 204 SH PUT DEFINED 1 204
EDWARDS LIFESCIENCES CORP COM 28176E908 159680 1945 SH CALL DEFINED 1 1945
ELAN CORPORATION PLC ADR 284131908 9002 7629 SH CALL DEFINED 1 7629
ELI LILLY & CO COM 532457908 81130 14286 SH CALL DEFINED 1 14286
ELI LILLY & CO COM 532457958 2311 407 SH PUT DEFINED 1 407
ENDO HEALTH SOLUTIONS INC COM 29264F205 639 20786 SH DEFINED 1 20786
ENDO HEALTH SOLUTIONS INC COM 29264F905 5057 1644 SH CALL DEFINED 1 1644
ENDO HEALTH SOLUTIONS INC COM 29264F955 4288 1394 SH PUT DEFINED 1 1394
ENTREMED INC COM 29382F202 3156 1554444 SH DEFINED 1 1554444
EXACT SCIENCES CORP COM 30063P105 3063 312559 SH DEFINED 1 312559
EXACT SCIENCES CORP COM 30063P955 4092 4176 SH PUT DEFINED 1 4176
EXPRESS SCRIPTS HOLDING CO COM 30219G108 10942 1899 SH CALL DEFINED 1 1899
GALENA BIOPHARMA INC COM 363256958 171 820 SH PUT DEFINED 1 820
GILEAD SCIENCES INC COM 375558103 2796 57149 SH DEFINED 1 57149
GILEAD SCIENCES INC COM 375558903 9977 2039 SH CALL DEFINED 1 2039
GILEAD SCIENCES INC COM 375558953 52977 10827 SH PUT DEFINED 1 10827
GOL LINHAS AEREAS INTELIGENTES SA ADR 38045R107 385 64692 SH DEFINED 1 64692
GTX INC COM 40052B908 286 690 SH CALL DEFINED 1 690
HALOZYME THERAPEUTICS INC COM 40637H909 1030 1786 SH CALL DEFINED 1 1786
HORIZON PHARMA INC COM 44047T109 915 337500 SH DEFINED 1 337500
HUMANA INC COM 444859902 1451 210 SH CALL DEFINED 1 210
HUMANA INC COM 444859952 518 75 SH PUT DEFINED 1 75
IDENIX PHARMACEUTICALS INC COM 45166R204 100 28000 SH DEFINED 1 28000
IDENIX PHARMACEUTICALS INC COM 45166R904 1144 3213 SH CALL DEFINED 1 3213
IMMUNOCELLULAR THERAPEUTICS COM 452536905 132 480 SH CALL DEFINED 1 480
INCYTE CORP COM 45337C902 920 393 SH CALL DEFINED 1 393
INFINITY PHARMACEUTICALS INC COM 45665G903 3388 699 SH CALL DEFINED 1 699
INFINITY PHARMACEUTICALS INC COM 45665G953 4362 900 SH PUT DEFINED 1 900
INSMED INC COM 457669907 410 548 SH CALL DEFINED 1 548
INTERMUNE INC COM 45884X103 115 12655 SH DEFINED 1 12655
INTERMUNE INC COM 45884X903 1784 1971 SH CALL DEFINED 1 1971
INTERMUNE INC COM 45884X953 1463 1617 SH PUT DEFINED 1 1617
IRONWOOD PHARMACEUTICALS INC COM 46333X908 31622 8709 SH CALL DEFINED 1 8709
IRONWOOD PHARMACEUTICALS INC COM 46333X958 269 74 SH PUT DEFINED 1 74
ISHARES RUSSELL 2000 COM 464287655 47130 5000 SH PUT DEFINED 1 5000
ISIS PHARMACEUTICALS INC COM 464330909 1716 1013 SH CALL DEFINED 1 1013
ISIS PHARMACEUTICALS INC COM 464330959 6029 3559 SH PUT DEFINED 1 3559
KERYX BIOPHARMACEUTICALS COM 492515101 2460 349472 SH DEFINED 1 349472
KERYX BIOPHARMACEUTICALS COM 492515901 1347 1914 SH CALL DEFINED 1 1914
KERYX BIOPHARMACEUTICALS COM 492515951 3274 4650 SH PUT DEFINED 1 4650
LINN ENERGY LLC UNIT 536020100 1777 46899 SH DEFINED 1 46899
LINN ENERGY LLC UNIT 536020950 20580 5430 SH PUT DEFINED 1 5430
LOGMEIN INC COM 54142L109 1759 91500 SH DEFINED 1 91500
LOGMEIN INC COM 54142L959 1922 1000 SH PUT DEFINED 1 1000
LPATH INC COM 548910306 492 97998 SH DEFINED 1 97998
MAKO SURGICAL CORP COM 560879908 1326 1189 SH CALL DEFINED 1 1189
MANNKIND CORP COM 56400P901 12545 37005 SH CALL DEFINED 1 37005
MANNKIND CORP COM 56400P951 1544 4555 SH PUT DEFINED 1 4555
MEDGENICS INC COM 58436Q203 1339 276029 SH DEFINED 1 276029
MEDIVATION INC COM 58501N101 2081 44501 SH DEFINED 1 44501
MEDIVATION INC COM 58501N951 4036 863 SH PUT DEFINED 1 863
MELA SCIENCES INC COM 55277R100 317 273377 SH DEFINED 1 273377
MERCK & CO INC COM 58933Y905 3737 845 SH CALL DEFINED 1 845
MOMENTA PHARMACEUTICALS INC COM 60877T100 345 25854 SH DEFINED 1 25854
MOMENTA PHARMACEUTICALS INC COM 60877T900 8251 6185 SH CALL DEFINED 1 6185
MYRIAD GENETICS INC COM 62855J904 9698 3818 SH CALL DEFINED 1 3818
MYRIAD GENETICS INC COM 62855J954 9713 3824 SH PUT DEFINED 1 3824
NAVIDEA BIOPHARMACEUTICAL INC COM 63937X103 681 251142 SH DEFINED 1 251142
NAVIDEA BIOPHARMACEUTICAL INC COM 63937X903 612 2260 SH CALL DEFINED 1 2260
NAVIDEA BIOPHARMACEUTICAL INC COM 63937X953 858 3165 SH PUT DEFINED 1 3165
NEPTUNE TECHNOLOGIES AND BIORE COM 64077P908 340 1351 SH CALL DEFINED 1 1351
NETFLIX INC COM 64110L906 11800 623 SH CALL DEFINED 1 623
NETFLIX INC COM 64110L956 12728 672 SH PUT DEFINED 1 672
NEUROCRINE BIOSCIENCES INC COM 64125C909 2337 1925 SH CALL DEFINED 1 1925
NEUROCRINE BIOSCIENCES INC COM 64125C959 244 201 SH PUT DEFINED 1 201
NEWLINK GENETICS CORP COM 651511107 892 72690 SH DEFINED 1 72690
NEWLINK GENETICS CORP COM 651511907 8107 6607 SH CALL DEFINED 1 6607
NOVAVAX INC COM 670002904 3191 13997 SH CALL DEFINED 1 13997
NOVAVAX INC COM 670002954 120 528 SH PUT DEFINED 1 528
NPS PHARMACEUTICALS INC COM 62936P903 6 514 SH CALL DEFINED 1 514
NUPATHE INC COM 67059M950 273 791 SH PUT DEFINED 1 791
NUSTAR ENERGY LP COM 67058H902 11372 2132 SH CALL DEFINED 1 2132
NUSTAR ENERGY LP COM 67058H952 3728 699 SH PUT DEFINED 1 699
NXSTAGE MEDICAL INC COM 67072V103 3621 321000 SH DEFINED 1 321000
NXSTAGE MEDICAL INC COM 67072V953 3621 3210 SH PUT DEFINED 1 3210
OCULUS INNOVATIVE SCIENCE COM 67575P108 1382 3139877 SH DEFINED 1 3139877
ONCOGENEX PHARMACEUTICAL COM 68230A106 2274 200700 SH DEFINED 1 200700
ONCOGENEX PHARMACEUTICAL COM 68230A956 1700 1500 SH PUT DEFINED 1 1500
ONCOLYTICS BIOTECH INC COM 682310107 340 110000 SH DEFINED 1 110000
ONCOLYTICS BIOTECH INC COM 682310957 80 260 SH PUT DEFINED 1 260
ONCOTHYREON INC COM 682324108 983 472600 SH DEFINED 1 472600
ONCOTHYREON INC COM 682324908 414 1990 SH CALL DEFINED 1 1990
ONCOTHYREON INC COM 682324958 1186 5703 SH PUT DEFINED 1 5703
ONYX PHARMACEUTICALS INC COM 682324908 19007 2139 SH CALL DEFINED 1 2139
OPEXA THERAPEUTICS INC COM 68372T103 618 263922 SH DEFINED 1 263922
OREXIGEN THERAPEUTICS INC COM 686164904 4318 6909 SH CALL DEFINED 1 6909
OREXIGEN THERAPEUTICS INC COM 686164954 198 316 SH PUT DEFINED 1 316
OXYGEN BIOTHERAPEUTICS INC COM 69207P209 10 39709 SH DEFINED 1 39709
PALATIN TECHNOLOGIES INC COM 696077403 630 1050600 SH DEFINED 1 1050600
PEREGRINE PHARMACEUTICALS INC COM 713661304 108 80295 SH DEFINED 1 80295
PEREGRINE PHARMACEUTICALS INC COM 713661904 57 423 SH CALL DEFINED 1 423
PEREGRINE PHARMACEUTICALS INC COM 713661954 200 1490 SH PUT DEFINED 1 1490
QLT INC COM 746927102 812 91840 SH DEFINED 1 91840
REGENERON PHARMACEUTICALS INC COM 75886F907 38420 2178 SH CALL DEFINED 1 2178
REGENERON PHARMACEUTICALS INC COM 75886F957 26636 1510 SH PUT DEFINED 1 1510
REPROS THERAPEUTICS INC COM 76028H209 2181 135476 SH DEFINED 1 135476
REPROS THERAPEUTICS INC COM 76028H909 7044 4375 SH CALL DEFINED 1 4375
REPROS THERAPEUTICS INC COM 76028H959 7784 4835 SH PUT DEFINED 1 4835
RIGEL PHARMACEUTICALS INC COM 766559903 1029 1515 SH CALL DEFINED 1 1515
RIGEL PHARMACEUTICALS INC COM 766559953 1118 1647 SH PUT DEFINED 1 1647
ROCKWELL MEDICAL INC COM 774374902 5468 13807 SH CALL DEFINED 1 13807
ROCKWELL MEDICAL INC COM 774374952 134 338 SH PUT DEFINED 1 338
SANGAMO BIOSCIENCES INC COM 800677106 350 36618 SH DEFINED 1 36618
SANGAMO BIOSCIENCES INC COM 800677956 932 975 SH PUT DEFINED 1 975
SAREPTA THERAPEUTICS INC COM 803607100 10457 282999 SH DEFINED 1 282999
SAREPTA THERAPEUTICS INC COM 803607900 20681 5597 SH CALL DEFINED 1 5597
SAREPTA THERAPEUTICS INC COM 803607950 10139 2744 SH PUT DEFINED 1 2744
SELECT SECTOR SPDR HEALTHCARE SBI HEALTHCARE 81369Y209 106232 23119 SH CALL DEFINED 1 23119
SEQUENOM INC COM 817337905 288 693 SH CALL DEFINED 1 693
SEQUENOM INC COM 817337955 85 205 SH PUT DEFINED 1 205
SOLAZYME INC COM 83415T101 433 55407 SH DEFINED 1 55407
SOLAZYME INC COM 83415T901 1971 2524 SH CALL DEFINED 1 2524
SOLAZYME INC COM 83415T951 648 830 SH PUT DEFINED 1 830
SPDR S&P 500 ETF TRUST UNIT 78462F953 35224 2250 SH PUT DEFINED 1 2250
SUNESIS PHARMACEUTICALS INC COM 867328601 738 134970 SH DEFINED 1 134970
SUNESIS PHARMACEUTICALS INC COM 867328901 84 153 SH CALL DEFINED 1 153
SUNESIS PHARMACEUTICALS INC COM 867328951 602 1100 SH PUT DEFINED 1 1100
SYNTA PHARMACEUTICALS CORP COM 87162T906 4049 4708 SH CALL DEFINED 1 4708
SYNTA PHARMACEUTICALS CORP COM 87162T956 1594 1853 SH PUT DEFINED 1 1853
TARGACEPT INC COM 87611R306 1605 375000 SH DEFINED 1 375000
TEVA PHARMACEUTICAL INDUSTRIES LTD ADR 881624909 15277 3850 SH CALL DEFINED 1 3850
THERAVANCE INC COM 88338T104 2438 103201 SH DEFINED 1 103201
THERAVANCE INC COM 88338T904 1533 649 SH CALL DEFINED 1 649
THERAVANCE INC COM 88338T954 5229 2214 SH PUT DEFINED 1 2214
THRESHOLD PHARMACEUTICALS INC COM 885807206 479 100010 SH DEFINED 1 100010
THRESHOLD PHARMACEUTICALS INC COM 885807906 769 1669 SH CALL DEFINED 1 1669
THRESHOLD PHARMACEUTICALS INC COM 885807956 98 212 SH PUT DEFINED 1 212
UNITED THERAPEUTICS CORP COM 91307C902 773 127 SH CALL DEFINED 1 127
UNITEDHEALTH GROUP INC COM 91324P902 5767 1008 SH CALL DEFINED 1 1008
VALEANT PHARMACEUTICALS INTL COM 91911K902 12273 1636 SH CALL DEFINED 1 1636
VALEANT PHARMACEUTICALS INTL COM 91911K952 1755 234 SH PUT DEFINED 1 234
VENTRUS BIOSCIENCES INC COM 922822101 2684 897621 SH DEFINED 1 897621
VERTEX PHARMACEUTICALS INC COM 92532F900 146665 26676 SH CALL DEFINED 1 26676
VERTEX PHARMACEUTICALS INC COM 92532F950 61121 11117 SH PUT DEFINED 1 11117
VICAL INC COM 925602904 21998 22001 SH CALL DEFINED 1 22001
VIVUS INC COM 928551950 1112 1011 SH PUT DEFINED 1 1011
ZIOPHARM ONCOLOGY INC COM 98973P101 276 150700 SH DEFINED 1 150700
ZIOPHARM ONCOLOGY INC COM 98973P901 1082 5914 SH CALL DEFINED 1 5914
ZIOPHARM ONCOLOGY INC COM 98973P951 470 2571 SH PUT DEFINED 1 2571