4 1 needle4new1.txt NEEDLEMAN FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* Needleman Philip -------------------------------------------------------------------------------- (Last) (First) (Middle) 800 North Lindbergh Blvd. -------------------------------------------------------------------------------- (Street) St. Louis Missouri 63167 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Pharmacia Corporation PHA ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year December 2001 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Senior Executive Vice President ________________________________________________________________________________ 7. 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 ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 10/4/01 G V 1,000 D $40.76 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 12/10/01 S 42,694 D $43.90 204,722 D ------------------------------------------------------------------------------------------------------------------------------------ 3,713 I 401(k)Plan ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
* If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) (Over) (Form 4-07/98) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Option (1)(2) Common (right to buy) $9.32 (3) 2/25/03 Stock 70,0000 70,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option (1)(2) Common (right to buy) $14.16 (3) 2/24/04 Stock 140,000 210,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option (1)(2) Common (right to buy) $27.64 (3) 4/25/06 Stock 250,000 460,000 D ------------------------------------------------------------------------------------------------------------------------------------ Option (1)(2) Common (right to buy) $33.65 (3) 2/26/07 Stock 193,588 653,588 D ------------------------------------------------------------------------------------------------------------------------------------ Option Common (right to buy) $50.22 (3) 2/25/08 Stock 76,904 730,492 D ------------------------------------------------------------------------------------------------------------------------------------ Option Common (right to buy) $75.00 (3) 4/23/09 Stock 75,418 805,910 D ------------------------------------------------------------------------------------------------------------------------------------ Option Common (right to buy) $51.00 (3) 6/30/09 Stock 20,587 826,497 D ------------------------------------------------------------------------------------------------------------------------------------ Option Common (right to buy) $51.59 (4) 5/31/10 Stock 125,000 951,497 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ==================================================================================================================================== Explanation of Responses: (1) Pursuant to the anti-dilution provisions of the Company's employee stock option plan, the option exercise price has been adjusted to reflect the 9/1/97 spin-off of Solutia Inc. (2) Pursuant to the anti-dilution provisions of the Company's employee stock option plan, the option exercise and the number of shares subject to the option have been adjusted to reflect a five-for-one stock split in 1996. (3) Options become exercisable for one-third of the shares on the first, second and third anniversary of the grant date. (4) Currently exercisable.
/s/ Don Schmitz 1/8/02 --------------------------------------------- ----------------------- **Signature of Reporting Person Date * Don Schmitz, attorney-in-fact for Philip Needleman * Executed pursuant to a Power of Attorney ** 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 provided is insufficient, see Instruction 6 for procedure.