MEDAREX INC 4

Accession 0001179110-05-017207

CIK 0000874255operating

View on SEC.gov Company Profile

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 4:08 PM ET

Size

41.7 KB

Accession

0001179110-05-017207

Insider Transaction Report

Form 4

Period: 2005-08-29

MEDAREX INCMEDX

DRAKEMAN DONALD L

DirectorPresident & Chief Executive

Transactions

Award
Stock Options (Right to Buy)
1999-11-01+224,000→ 224,000 total
Exercise: $3.43From: 1999-05-01Exp: 2009-10-31→ Common Stock (224,000 underlying)
Award
Stock Options (Right to Buy)
2001-01-09+3,595→ 3,595 total
Exercise: $27.81From: 2002-01-09Exp: 2011-01-08→ Common Stock (3,595 underlying)
Award
Stock Options (Right to Buy)
2002-07-11+300,000→ 300,000 total
Exercise: $6.37From: 2003-07-11Exp: 2012-07-10→ Common Stock (300,000 underlying)
Award
Stock Options (Right to Buy)
2000-10-13+43,788→ 43,788 total
Exercise: $45.20From: 2001-04-13Exp: 2010-10-12→ Common Stock (43,788 underlying)
Award
Stock Options (Right to Buy)
2001-09-19+400,000→ 400,000 total
Exercise: $12.90From: 2002-09-19Exp: 2011-09-18→ Common Stock (400,000 underlying)
Award
Stock Options (Right to Buy)
2003-07-24+14,000→ 14,000 total
Exercise: $5.59From: 2004-01-24Exp: 2013-07-23→ Common Stock (14,000 underlying)
Award
Stock Options (Right to Buy)
2004-07-26+350,000→ 350,000 total
Exercise: $5.61From: 2005-07-26Exp: 2014-07-25→ Common Stock (350,000 underlying)
Other
Common Stock, $.01 par value per share
2005-08-29+15,763→ 244,537 total
Disposition to Issuer
Phantom Stock Units
2004-11-05−65,178→ 65,176 total
Exercise: $0.00From: 2002-05-05Exp: 2007-02-05→ Common Stock (65,178 underlying)
Award
Stock Options (Right to Buy)
1996-04-24+40,000→ 40,000 total
Exercise: $3.22From: 1996-08-24Exp: 2006-04-23→ Common Stock (40,000 underlying)
Award
Stock Options (Right to Buy)
2000-10-13+2,212→ 2,212 total
Exercise: $45.20From: 2001-10-13Exp: 2010-10-12→ Common Stock (2,212 underlying)
Award
Stock Options (Right to Buy)
2003-10-14+500,000→ 500,000 total
Exercise: $7.16From: 2004-10-14Exp: 2013-10-13→ Common Stock (500,000 underlying)
Award
Stock Options (Right to Buy)
2001-01-09+116,405→ 116,405 total
Exercise: $27.81From: 2001-07-09Exp: 2011-01-08→ Common Stock (116,405 underlying)
Award
Stock Options (Right to Buy)
2003-03-06+107,000→ 107,000 total
Exercise: $2.80From: 2004-03-06Exp: 2013-03-05→ Common Stock (107,000 underlying)
Award
Stock Options (Right to Buy)
1995-06-06+100,000→ 100,000 total
Exercise: $2.31From: 1996-06-06Exp: 2005-06-05→ Common Stock (100,000 underlying)

Holdings

Common Stock, $.01 par value per share
(indirect: By Spouse)
30,000
Common Stock, $.01 par value per share
(indirect: by GRAT)
57,657
Stock Options (Right to Buy)
(indirect: By Spouse)
Exercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (0 underlying)
278,000
Common Stock, $.01 par value per share
(indirect: By Children)
43,072
Common Stock, $.01 par value per share
(indirect: By GRAT)
50,000
Common Stock, $.01 par value per share
(indirect: by GRAT)
16,134

Footnotes (12)

[F1]These shares were previously reported as directly beneficially owned, but were contributed to a grantor retained annunity trust on December 30, 2002.
[F10]Options representing 87,500 shares vest on July 26, 2005. The remaining options vest in 36 equal monthly installments beginning August 26, 2005.
[F11]These shares were previously reported as directly beneficially owned, but were contributed to a grantor retained annuity trust on September 9, 2004.
[F12]These shares were previously reported as indirectly beneficially owned under a grantor retained annuity trust established on August 28, 2003. Pursuant to the terms of the trust, these shares were distributed to the reporting person on August 29, 2005 and upon such distribution the nature of such reporting person's beneficial ownership changed from indirect to direct.
[F2]These shares were previously reported as directly beneficially owned, but were contributed to a grantor retained annuity trust on August 28, 2003.
[F3]Options representing 100,000 shares vested on September 19,2002. The remainig options vest in 36 equal monthly installments beginning on October 19,2002.
[F4]Options representing 75,000 shares vested on July 11, 2003. The remaining options vest in 36 equal monthly installments beginning on August 11, 2003.
[F5]Options representing 26,750 shares vested on March 6, 2004. The remaining options vest in 36 equal monthly installments beginning on April 6, 2004.
[F6]Represents phantom stock units convertible into shares of the Company's common stock on a 1-for-1 basis. The phantom stock units were acquired under the Company's Executive Deferred Compensation Plan in connection with the exercise of certain stock options which were scheduled to expire on June 15, 1999. The phantom stock units are settled 100% in shares of the Company's common stock in equal quarterly installments. The first installment was made on May 5, 2002.
[F7]In addition to the options set forth above, Mr. Drakeman may be deemed to be the indirect beneficial owner of options covering an aggregate of 278,000 shares of Company common stock, which are owned by his wife. Mr. Drakeman disclaims beneficial ownership of all such securities.
[F8]Options representing 125,000 shares vest on October 14, 2004. The remaining options vest in 36 equal monthly installments beginning November 14, 2004.
[F9]In the Section 16 Electronic Reporting Frequently Asked Questions released by the SEC on May 1, 2003, the SEC has designated "08/08/1988" as a "dummy date" until the electronic system is modified. 08/08/1988 is not a transaction date related to these securities.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

MEDAREX INC

CIK 0000874255

→

Entity typeoperating

IncorporatedNJ

Related Parties

filerCIK 0000874255

Filing Metadata

Form type: 4
Filed: Aug 30, 8:00 PM ET
Accepted: Aug 31, 4:08 PM ET
Size: 41.7 KB

View on SEC.gov