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*
SOON SHIONG PATRICK
(Last) (First) (Middle)
C/O ABRAXIS BIOSCIENCE, INC.
11755 WILSHIRE BLVD., 20TH FLOOR
(Street)
LOS ANGELES CA 90024
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Abraxis BioScience, Inc. [ ABII ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2009
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)
Code V Amount (A) or (D) Price
Common Stock 04/28/2009 G V 19,700,551 D $0 0 I By Family Trusts
Common Stock 04/28/2009 G V 3,304,526 D $0 0 I By GRATs
Common Stock 04/28/2009 G V 29,954 D $0 0 D
Common Stock 04/28/2009 A V 23,035,031 A $0 23,035,031 I By Family Trusts(1)
Common Stock 09/23/2009 G V 776,107 D $0 8,276 I By RSU Plan, LLC(2)
Common Stock 09/23/2009 G V 546,987 A $0 23,582,018 I By Family Trusts(1)
Common Stock 09/23/2009 G V 229,120 A $0 9,432,714 I By California Capital LP
Common Stock 09/24/2009 G V 23,035,031 D $0 546,987 I By Family Trusts(1)
Common Stock 09/24/2009 G V 5,758,758 A $0 5,758,758 I By GRAT(3)
Common Stock 09/24/2009 G V 5,758,758 A $0 5,758,758 I By GRAT(4)
Common Stock 09/24/2009 G V 5,758,757 A $0 5,758,757 I By GRAT(5)
Common Stock 09/24/2009 G V 5,758,758 A $0 5,758,758 I By GRAT(6)
Common Stock 12,569(7) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes shares transferred to the family trusts for the benefit of members of the Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership of the shares held by the family trusts, except to the extent of his pecuniary interest therein.
2. Entities controlled by the Reporting Person manage RSU Plan, LLC. The Reporting Person disclaims beneficial ownership of the shares held by RSU Plan, LLC except to the extent of his pecuniary interest in the LLC.
3. Includes shares transferred to the Patrick Soon-Shiong 2009 Grantor Retained Annuity Trust 1 for the benefit of members of the Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership of the shares held by the GRAT except to the extent of his pecuniary interest therein.
4. Includes shares transferred to the Patrick Soon-Shiong 2009 Grantor Retained Annuity Trust 2 for the benefit of members of the Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership of the shares held by the GRAT except to the extent of his pecuniary interest therein.
5. Includes shares transferred to the Michele B. Soon-Shiong 2009 Grantor Retained Annuity Trust 1 for the benefit of members of the Reporting Person's immediate family. The Reporting Person's spouse is the trustee of the GRAT. The Reporting Person disclaims beneficial ownership of the shares held by the GRAT except to the extent of his pecuniary interest therein.
6. Includes shares transferred to the Michele B. Soon-Shiong 2009 Grantor Retained Annuity Trust 2 for the benefit of members of the Reporting Person's immediate family. The Reporting Person's spouse is the trustee of the GRAT. The Reporting Person disclaims beneficial ownership of the shares held by the GRAT except to the extent of his pecuniary interest therein.
7. Shares subject to unvested Restricted Stock Units. Each Restricted Stock Unit represents a contingent right to recevie one share of ABII common stock.
Remarks:
Transactions reported are exempt from Section 16a as mere changes in form of beneficial ownership.
Patrick Soon-Shiong by Charles Kim, Attorney-in-Fact 01/26/2010
** 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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