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

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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^*

JACOBS CINDY

(Last)

(First)

(Middle)

1900 9TH AVENUE

SUITE 1100

(Street)

SEATTLE

98101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CORIXA CORP [ CRXA ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. VP, Clinical Development

3. Date of Earliest Transaction (Month/Day/Year)
07/12/2005

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	07/12/2005		M⁽¹⁾		99,868	A	$3.95	99,868	D
Common Stock	07/12/2005		D		99,868	D	$4.4	0	D
Common Stock	07/12/2005		M⁽¹⁾		132	A	$3.95	132	D
Common Stock	07/12/2005		D		132	D	$4.4	0	D

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)
Incentive Stock Option	$3.95	07/12/2005		M			132	07/12/2005	12/15/2014	Common Stock	132	$0.00	0	D
Incentive Stock Option	$6.04	07/12/2005		D⁽²⁾			21,094	07/12/2005	12/31/2013	Common Stock	21,094	$0.00	0	D
Incentive Stock Option	$6.41	07/12/2005		D⁽²⁾			4,064	07/12/2005	01/03/2013	Common Stock	4,064	$0.00	0	D
Incentive Stock Option	$9.5	07/12/2005		D⁽²⁾			35,328	07/12/2005	05/05/2009	Common Stock	35,328	$0.00	0	D
Incentive Stock Option	$13.45	07/12/2005		D⁽²⁾			4,109	07/12/2005	10/26/2011	Common Stock	4,109	$0.00	0	D
Incentive Stock Option	$15.07	07/12/2005		D⁽²⁾			9,292	07/12/2005	12/31/2011	Common Stock	9,292	$0.00	0	D
Incentive Stock Option	$17	07/12/2005		D⁽²⁾			4,062	07/12/2005	12/31/2009	Common Stock	4,062	$0.00	0	D
Non-Qualified Stock Option	$3.95	07/12/2005		M			99,868	07/12/2005	12/15/2014	Common Stock	99,868	$0.00	0	D
Non-Qualified Stock Option	$5.7	07/12/2005		D⁽²⁾			68,750	07/12/2005	06/14/2012	Common Stock	68,750	$0.00	0	D
Non-Qualified Stock Option	$6.04	07/12/2005		D⁽²⁾			19,406	07/12/2005	12/31/2013	Common Stock	19,406	$0.00	0	D
Non-Qualified Stock Option	$6.41	07/12/2005		D⁽²⁾			10,936	07/12/2005	01/03/2013	Common Stock	10,936	$0.00	0	D
Non-Qualified Stock Option	$9.5	07/12/2005		D⁽²⁾			9,672	07/12/2005	05/05/2009	Common Stock	9,672	$0.00	0	D
Non-Qualified Stock Option	$13.45	07/12/2005		D⁽²⁾			70,891	07/12/2005	10/26/2011	Common Stock	70,891	$0.00	0	D
Non-Qualified Stock Option	$15.07	07/12/2005		D⁽²⁾			36,208	07/12/2005	12/31/2011	Common Stock	36,208	$0.00	0	D
Non-Qualified Stock Option	$17	07/12/2005		D⁽²⁾			10,938	07/12/2005	12/31/2009	Common Stock	10,938	$0.00	0	D

Explanation of Responses:

1. Pursuant to the Merger Agreement with GSK, these options were canceled at the time of the Merger. Net cash consideration was received.

2. Pursuant to the Merger Agreement with GSK, the underlying option was canceled at the time of the Merger. No net cash consideration was received.

Remarks:

	Greg Cox (atty in fact) for: Cindy Jacobs	07/12/2005
	** 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).
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