SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

RENZ VINCENT

(Last)

(First)

(Middle)

C/O ERESEARCHTECHNOLOGY, INC.

30 SOUTH 17TH STREET

(Street)

PHILADELPHIA

19103

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ERESEARCHTECHNOLOGY INC /DE/ [ ERES ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. V.P., Chief Technology Off

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value	08/28/2003		M		30,000	A	$2.02	34,308	D
Common Stock, $.01 par value	08/28/2003		M		7,500	A	$1.25	41,808	D
Common Stock, $.01 par value	08/28/2003		M		30,000	A	$2.29	71,808	D
Common Stock, $.01 par value	08/28/2003		M		30,000	A	$1.45	101,808	D
Common Stock, $.01 par value	08/28/2003		S		15,000	D	$32.31	86,808	D
Common Stock, $.01 par value	08/28/2003		S		66,800	D	$32.25	20,008	D
Common Stock, $.01 par value	08/28/2003		S		15,700	D	$32.35	4,308	D
Common Stock, $.01 par value								1,200⁽¹⁾	I	Shares owned by the minor children of the reporting person.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (Right to Buy)	$1.25⁽²⁾	08/28/2003		M			7,500	⁽⁴⁾	09/22/2008	Common Stock, $.01 par value	7,500⁽¹⁾	⁽⁵⁾	3,000⁽¹⁾	D
Option (Right to Buy)	$14.14⁽²⁾							⁽³⁾	04/22/2013	Common Stock, $.01 par value	30,000⁽¹⁾		30,000⁽¹⁾	D
Option (Right to Buy)	$1.45⁽²⁾	08/28/2003		M			30,000	⁽³⁾	04/24/2011	Common Stock, $.01 par value	30,000⁽¹⁾	⁽⁵⁾	30,000⁽¹⁾	D
Option (Right to Buy)	$2.29⁽²⁾	08/28/2003		M			30,000	⁽³⁾	03/05/2011	Common Stock, $.01 par value	30,000⁽¹⁾	⁽⁵⁾	60,000⁽¹⁾	D
Option (Right to Buy)	$3.34⁽²⁾							⁽³⁾	01/04/2010	Common Stock, $.01 par value	15,000⁽¹⁾		15,000⁽¹⁾	D
Option (Right to Buy)	$2.02⁽²⁾	08/28/2003		M			30,000	⁽⁴⁾	05/04/2008	Common Stock, $.01 par value	30,000⁽¹⁾	⁽⁵⁾	0	D

Explanation of Responses:

1. Amounts include securities issued as a result of the 2-for-1 stock split in the form of a 100% stock dividend payable on May 29, 2003 to holders of record on May 6, 2003.

2. Price adjusted to reflect the 2-for-1 stock split in the form of a 100% stock dividend payable on May 29, 2003 to holders of record on May 6, 2003.

3. Options become exercisable in 4 equal annual installments beginning one year after date of grant and are fully exercisable 6 years prior to expiration

4. Options become exercisable in 5 equal annual installments beginning one year after date of grant and are fully exercisable 5 years prior to expiration

5. Nothing was paid in addition to the exercise price noted in column 2 of this table.

Remarks:

	Vincent Renz	08/29/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.