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4//SEC Filing

DRAKEMAN DONALD L 4

Accession 0001179110-06-000172

CIK 0000874255other
View on SEC.govCompany Profile

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 12:00 PM ET

Size

41.5 KB

Accession

0001179110-06-000172

Insider Transaction Report

Form 4
Period: 2005-12-30
MEDAREX INCMEDX
DRAKEMAN DONALD L
DirectorPresident & Chief Executive
Transactions
  • 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)
  • Other

    Common Stock, $.01 par value per share

    2005-12-30+2,621→ 255,612 total
  • 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)

    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)

    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)

    2004-07-26+350,000→ 350,000 total
    Exercise: $5.61From: 2005-07-26Exp: 2014-07-25→ Common Stock (350,000 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-09-06+500,000→ 500,000 total
    Exercise: $9.90From: 2006-09-06Exp: 2015-09-05→ Common Stock (500,000 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)

    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)

    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)

    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)

    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)

    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)

    1995-06-06+100,000→ 100,000 total
    Exercise: $2.31From: 1996-06-06Exp: 2005-06-05→ Common Stock (100,000 underlying)
  • 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)
Holdings

  • Common Stock, $.01 par value per share

    (indirect: By GRAT)
    41,546

  • Common Stock, $.01 par value per share

    (indirect: by GRAT)
    57,657

  • Common Stock, $.01 par value per share

    (indirect: By Spouse)
    30,000

  • Common Stock, $.01 par value per share

    (indirect: By Children)
    43,072

  • 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 Trust)
    13,513
Footnotes (12)
  • [F1]Represents shares previously contributed by Mr. Drakeman to a grantor retained annuity trust, which expired by its terms on December 30, 2005. Effective December 31, 2005, these shares were placed in two separate trusts for the benefit of Mr. Drakeman's children. Dr. Lisa N. Drakeman, Mr. Drakeman's spouse, is the trustee for said trusts and exercises voting and investment control over the shares held in such trusts. Mr. Drakeman disclaims beneficial ownership of all such shares.
  • [F10]These shares were previously reported as directly beneficially owned, but were contributed to a grantor retained annuity trust on September 9, 2004.
  • [F11]Options representing 125,000 shares vest on September 6, 2006. The remaining options vest in 36 equal monthly installments beginning October 6, 2006.
  • [F12]These shares were previously reported as indirectly beneficially owned under a grantor retained annuity trust established on December 30, 2002. Pursuant to the terms of the trust, these shares were distributed to the reporting person on December 30, 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]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.
  • [F7]Options representing 125,000 shares vested on October 14, 2004. The remaining options vest in 36 equal monthly installments beginning November 14, 2004.
  • [F8]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.
  • [F9]Options representing 87,500 shares vested on July 26, 2005. The remaining options vest in 36 equal monthly installments beginning August 26, 2005.

Documents

1 file

Issuer

MEDAREX INC

CIK 0000874255

→
Entity typeother

Related Parties

1
  • filerCIK 0000902857

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 12:00 PM ET
Size
41.5 KB
View on SEC.gov