Insider Trades - GRIMES D JEFFERY

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GRIMES D JEFFERY: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
ARADIGM CORP Officer OTC BB:ARDM.OB (historical quotes, profile, SEC, other insiders)	30-Jul-09	280,893	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
30-Jul-09 200,000 ARDM.OB Acquisition (Non Open Market) at $0 per share.
21-Jan-09 35,000 ARDM.OB Acquisition (Non Open Market)
1-Jul-08 45,893 ARDM.OB Statement of Ownership

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
30-Jul-09	200,000	ARDM.OB	Acquisition (Non Open Market) at $0 per share.
21-Jan-09	35,000	ARDM.OB	Acquisition (Non Open Market)
1-Jul-08	45,893	ARDM.OB	Statement of Ownership