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).
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1. Name and Address of Reporting Person*
Needleman Philip
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(Last) (First) (Middle)
800 North Lindbergh Blvd.
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(Street)
St. Louis Missouri 63167
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Pharmacia Corporation
PHA
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
December 2001
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5. If Amendment, Date of Original (Month/Year)
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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
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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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)
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Common Stock 10/4/01 G V 1,000 D $40.76
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Common Stock 12/10/01 S 42,694 D $43.90 204,722 D
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3,713 I 401(k)Plan
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* 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)
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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)
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Option (1)(2) Common
(right to buy) $9.32 (3) 2/25/03 Stock 70,0000 70,000 D
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Option (1)(2) Common
(right to buy) $14.16 (3) 2/24/04 Stock 140,000 210,000 D
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Option (1)(2) Common
(right to buy) $27.64 (3) 4/25/06 Stock 250,000 460,000 D
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Option (1)(2) Common
(right to buy) $33.65 (3) 2/26/07 Stock 193,588 653,588 D
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Option Common
(right to buy) $50.22 (3) 2/25/08 Stock 76,904 730,492 D
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Option Common
(right to buy) $75.00 (3) 4/23/09 Stock 75,418 805,910 D
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Option Common
(right to buy) $51.00 (3) 6/30/09 Stock 20,587 826,497 D
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Option Common
(right to buy) $51.59 (4) 5/31/10 Stock 125,000 951,497 D
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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
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**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.