SAFFRON CLIFFORD 4
4 · IMCLONE SYSTEMS INC/DE · Filed Aug 18, 2004
Insider Transaction Report
Form 4
SAFFRON CLIFFORD
SVP, General Counsel
Transactions
- Exercise/Conversion
Common Stock
2004-08-16$21.54/sh+5,000$107,700→ 7,500 total - Sale
Common Stock
2004-08-16$55.01/sh−5,000$275,025→ 2,500 total - Sale
Common Stock
2004-08-16$55.00/sh−2,500$137,500→ 0 total - Exercise/Conversion
Common Stock
2004-08-16$6.94/sh+5,000$34,700→ 5,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F1]2004-08-16−5,000→ 5,000 totalExercise: $21.54From: 1988-08-08Exp: 2012-04-17→ Common Stock (5,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2004-08-16−5,000→ 7,000 totalExercise: $6.94From: 2004-08-06Exp: 2012-08-05→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]These shares will become exercisable in four equal annual installments on each of 4/18/03, 4/18/04, 4/18/05 and 4/18/06.
Signature
/s/ Clifford R. Saffron|2004-08-18