SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Hedley Mary Lynne

(Last) (First) (Middle)
51 FOLLEN ROAD

(Street)
LEXINGTON MA 02421

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/03/2005
3. Issuer Name and Ticker or Trading Symbol
MGI PHARMA INC [ MOGN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP & Chief Scientific Off
5. If Amendment, Date of Original Filed (Month/Day/Year)
10/06/2005
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,500(1)(6) D
Common Stock 584(2) I 401(k) Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option - Right to Buy 07/26/2005(3) 09/03/2011 Common Stock 52,500 $29.28 D
Employee Stock Option - Right to Buy 07/26/2005(4) 11/09/2011 Common Stock 5,000 $28.055 D
Employee Stock Option - Right to Buy 07/26/2005(5) 07/15/2012 Common Stock 17,500 $26.91 D
Explanation of Responses:
1. Restricted Stock Units granted to reporting person on July 15, 2005, which vest in four equal annual installments beginning July 15, 2006.
2. Represents shares allocated to reporting person in the MGI PHARMA, INC. Common Stock Fund of the MGI PHARMA, INC. Retirement Savings Plan in its report dated September 30, 2005. The number of shares allocated to the reporting person will vary from time to time based on the relative amounts of stock and cash held in the MGI PHARMA, INC. Common Stock Fund at the time of reporting.
3. This option became immediately exercisable as of July 26, 2005, due to acceleration of vesting schedule. The option originally provided for vesting in four equal annual installments beginning on September 3, 2005.
4. This option became immediately exercisable as of July 26, 2005, due to acceleration of vesting schedule. The option originally provided for vesting in four equal annual installments beginning on November 9, 2005.
5. This option became immediately exercisable as of July 26, 2005, due to acceleration of vesting schedule. The option originally provided for vesting in four equal annual installments beginning on July 15, 2006.
6. This Amended Form 3 corrects the omission of the 3,500 Restricted Stock Units held by the reporting person as of October 3, 2005.
/s/ Kathleen A. Molacek as Attorney-in-Fact for Mary Lynne Hedley 07/17/2006
** 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 5 (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.