-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NNKsXxTOW4eK8YPm5jRXkzTlRV2trdWZCskx1WsD7zsLe1alTK8htlAKYAYWoOpH dJLlQcG43weZ2v6BsafKVQ== 0000891836-04-000164.txt : 20040402 0000891836-04-000164.hdr.sgml : 20040402 20040402143655 ACCESSION NUMBER: 0000891836-04-000164 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040402 GROUP MEMBERS: ANDREW H. TISCH GROUP MEMBERS: DANIEL R. TISCH GROUP MEMBERS: FELIX J. BAKER GROUP MEMBERS: JAMES S. TISCH GROUP MEMBERS: JOAN H. TISCH GROUP MEMBERS: THOMAS J. TISCH SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEUROGEN CORP CENTRAL INDEX KEY: 0000849043 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 222845714 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41776 FILM NUMBER: 04713198 BUSINESS ADDRESS: STREET 1: 35 NORTHEAST INDUSTRIAL RD CITY: BRANFORD STATE: CT ZIP: 06405 BUSINESS PHONE: 2034888201 MAIL ADDRESS: STREET 1: 35 NORTHEAST INDUSTRIAL RD CITY: BRANFORD STATE: CT ZIP: 06405 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAKER JULIAN CENTRAL INDEX KEY: 0001087939 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: TISCH FAMILY INTERESTS STREET 2: 667 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 BUSINESS PHONE: 2125212420 SC 13D/A 1 sc0079.txt AMENDMENT NO. 8 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 8)* INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) NEUROGEN CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, PAR VALUE $0.025 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 64124E 10 6 -------------------------------------------------------- (CUSIP Number) BARRY L. BLOOM 655 MADISON AVENUE, 19TH FLOOR NEW YORK, NY 10021-8043 (212) 521-2930 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) MARCH 19, 2004 -------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 2 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Julian C. Baker - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 WC - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 63,200 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 741,600 OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 63,200 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 741,600 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 804,800 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 4.0% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 2 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 3 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Felix J. Baker - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 WC - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 52,192 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 741,600 OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 52,192 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 741,600 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 793,792 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 4.0% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 3 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 4 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Andrew H. Tisch - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 PF - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 679,250 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 679,250 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 -0- - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 679,250 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.4% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 4 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 5 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Daniel R. Tisch - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 PF - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 679,250 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 679,250 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 -0- - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 679,250 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.4% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 5 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 6 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS James S. Tisch - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 PF - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 679,250 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 679,250 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 -0- - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 679,250 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 3.4% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 6 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 7 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Thomas J. Tisch - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 PF - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 979,250 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 979,250 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 -0- - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 979,250 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 4.9% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 7 of 14 Pages SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 64124E-10-6 Page 8 of 14 Pages ----------- - -------------------------------------------------------------------------------- NAMES OF REPORTING PERSONS 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Joan H. Tisch - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) 2 (a) [ ] (b) [x] - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- SOURCE OF FUNDS (See Instructions) 4 PF - -------------------------------------------------------------------------------- CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 5 PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 6 United States - -------------------------------------------------------------------------------- SOLE VOTING POWER 7 24,100 NUMBER OF ------------------------------------------------------------- SHARES SHARED VOTING POWER BENEFICIALLY 8 -0- OWNED BY EACH ------------------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER PERSON WITH 9 24,100 ------------------------------------------------------------- SHARED DISPOSITIVE POWER 10 -0- - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11 24,100 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12 CERTAIN SHARES (See Instructions) [ ] - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 0.1% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON (See Instructions) 14 IN - -------------------------------------------------------------------------------- Page 8 of 14 Pages This Amendment No. 8 (the "Amendment") to Schedule 13D is being filed by Julian C. Baker, Felix J. Baker, Andrew H. Tisch, Daniel R. Tisch, James S. Tisch, Thomas J. Tisch and Joan H. Tisch (the "Reporting Persons") to amend and supplement statements on Schedule 13D previously filed by certain of the Reporting Persons. Except as amended and supplemented herein, such statements, as heretofore amended and supplemented, remain in full force and effect. ITEM 2. IDENTITY AND BACKGROUND. The business address of Julian C. Baker is 667 Madison Avenue, New York, N.Y. 10021. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Managing Member of Baker Bros. Advisors, LLC (an entity engaged in investment activities), 667 Madison Avenue, New York, NY 10021. The business address of Felix J. Baker is 667 Madison Avenue, New York, N.Y. 10021. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Managing Member of Baker Bros. Advisors, LLC (an entity engaged in investment activities), 667 Madison Avenue, New York, NY 10021. The business address of Andrew H. Tisch is 667 Madison Avenue, New York, N.Y. 10021. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Office of the President and Chairman of the Executive Committee of Loews Corporation (a public company primarily engaged in insurance and tobacco), 667 Madison Avenue, New York, N.Y. 10021. The business address of Daniel R. Tisch is c/o TowerView, LLC, 500 Park Avenue, New York, N.Y. 10022. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Managing Member, TowerView, LLC (an entity engaged in investment activities), 500 Park Avenue, New York., N.Y. 10022. The business address of James S. Tisch is 667 Madison Avenue, New York, N.Y. 10021. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Office of the President, President and Chief Executive Officer of Loews Corporation (a public company primarily engaged in insurance and tobacco), 667 Madison Avenue, New York, N.Y. 10021. The business address of Thomas J. Tisch is 667 Madison Avenue, New York, N.Y. 10021. His present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted are as follows: Manager of Four Partners and Four-Fourteen Partners (entities engaged in investment activities), 667 Madison Avenue, New York, N.Y. 10021. The business address of Joan H. Tisch is c/o Barry Bloom, 655 Madison Avenue, 19th Floor, New York, N.Y. 10021. She is engaged in philanthropic activities. Page 9 of 14 Pages During the five years preceding the filing of this statement, none of the Reporting Persons was convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, United States federal or state securities laws or finding any violation with respect to such laws. Because of certain business and family relationships among the Reporting Persons, they are filing as if they constitute a group solely for informational purposes. However, the filing of this statement is not an admission by any Reporting Person that such Reporting Person and any other Reporting Person or Reporting Persons constitute a "group" for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, or Rule 13d-5 thereunder. Each Reporting Person disclaims beneficial ownership of any shares of Common Stock owned by any other Reporting Person, except to the extent that beneficial ownership is expressly reported herein. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The funds to be used to purchase the shares referred to in Item 6 below will be provided from working capital of entities controlled by Julian C. Baker and Felix J. Baker and from personal funds of Andrew H. Tisch, Daniel R. Tisch, James S. Tisch and Thomas J. Tisch. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Set forth in the table below is the aggregate number of shares of Common Stock owned by each of the following on March 19, 2004, together with the percentage of outstanding shares of Common Stock that such ownership represents based upon 19,892,646 shares of Common Stock outstanding, as reported on the Company's Form 10-K for the fiscal year ended December 21, 2003. NUMBER OF SHARES PERCENT OF CLASS NAME OWNED OUTSTANDING - --------------------------------------- -------------------- ----------------- Julian C. Baker 63,200 (1) 0.3% Felix J. Baker 52,192 (2) 0.3% Baker/Tisch Investments, L.P. 167,555 0.8% Baker Biotech Fund I, L.P. 279,585 1.4% Baker Biotech Fund II, L.P. 66,375 0.3% Baker Bros. Investments, L.P. 59,400 0.3% Baker Bros. Investments II, L.P. 110,185 0.6% FBB Associates 58,500 0.3% Andrew H. Tisch 1995 Issue Trust 1 86,592 0.4% Andrew H. Tisch 1995 Issue Trust 2 86,591 0.4% Andrew H. Tisch 2002 Annuity Trust III 81,470 0.4% Andrew H. Tisch 2003 Annuity Trust III 292,472 1.5% Andrew H. Tisch 2004 Annuity Trust II 132,125 0.7% Daniel R. Tisch 1999 Issue Trust 173,183 0.9% Page 10 of 14 Pages NUMBER OF SHARES PERCENT OF CLASS NAME OWNED OUTSTANDING - --------------------------------------- -------------------- ----------------- Daniel R. Tisch 2002 Annuity Trust III 81,470 0.4% Daniel R. Tisch 2003 Annuity Trust III 292,472 1.5% Daniel R. Tisch 2004 Annuity Trust II 132,125 0.7% Four-Fourteen Partners, LLC 300,000 1.5% James S. Tisch 1995 Issue Trust 173,183 0.9% James S. Tisch 2002 Annuity Trust III 81,470 0.4% James S. Tisch 2003 Annuity Trust III 292,472 1.5% James S. Tisch 2004 Annuity Trust II 132,125 0.7% Joan H. Tisch 24,100 0.1% Thomas J. Tisch 1994 Issue Trust 173,183 0.9% Thomas J. Tisch 2002 Annuity Trust III 81,470 0.4% Thomas J. Tisch 2003 Annuity Trust IV 292,472 1.5% Thomas J. Tisch 2004 Annuity Trust II 132,125 0.7% Total 3,898,092 19.6% (1) Includes 16,200 shares of Common Stock and options to purchase 47,000 shares of Common Stock that have vested or will vest within 60 days. (2) Includes 4,692 shares of Common Stock and options to purchase 47,500 shares of Common Stock that have vested or will vest within 60 days. The beneficial owners of the shares listed above are as follows: (1) Julian C. Baker and Felix J. Baker, by virtue of their control of entities that have the power to control the investment decisions of Baker/Tisch Investments, L.P., Baker Bros. Investments, L.P., Baker Bros. Investments II, L.P., Baker Biotech Fund I, L.P. and Baker Biotech Fund II, L.P. may each be deemed to be the beneficial owners of securities held by such entities and may be deemed to have shared power to vote or direct the vote of and to dispose or direct the disposition of such securities. Julian C. Baker and Felix J. Baker are also the sole partners of FBB Associates, a general partnership, and as such may be deemed to be beneficial owners of securities owned by FBB Associates and to have shared power to vote or direct the vote of and to dispose or direct the disposition of such securities. (2) By virtue of their status as trustees of the respective Annuity Trusts and Issue Trusts referred to above, each of Andrew H. Tisch, Daniel R. Tisch, James S. Tisch and Thomas J. Tisch may be deemed to be the beneficial owner of securities held by those trusts of which he is trustee and to have sole power to vote or direct the vote of and to dispose or direct the disposition of such securities. (3) By virtue of his status as manager of Four-Fourteen Partners, LLC, Thomas J. Tisch may be deemed to be the beneficial owner of securities held by Four-Fourteen Partners, LLC and to have sole power to vote or direct the vote of and to dispose or direct the disposition of securities owned by Four-Fourteen Partners, LLC. Page 11 of 14 Pages ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Entities controlled by the Reporting Persons have entered into a Securities Purchase Agreement (the "Purchase Agreement") dated March 19, 2004, as amended by a Side Letter dated March 26, 2004, with the Issuer in which, among other things, the Issuer agreed to sell to such entities an aggregate of 5,714,328 shares of Common Stock, subject to various conditions. The closing is to take place on the third business day following the date on which the conditions set forth in the Purchase Agreement have been satisfied or waived. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1. Agreement regarding the joint filing of this statement. Exhibit 2. Purchase Agreement dated March 19, 2004 (incorporated by reference to Exhibit 99.1 to a Form 8-K report filed by the Issuer on March 29, 2004). Exhibit 3. Side Letter dated March 26, 2004 (incorporated by reference to Exhibit 99.1 to a Form 8-K report filed by the Issuer on March 29, 2004). Page 12 of 14 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. April 2, 2004 By: /s/ Julian C. Baker ------------------- Julian C. Baker By: /s/ Felix J. Baker ------------------ Felix J. Baker By: /s/ Andrew H. Tisch ------------------- Andrew H. Tisch By: /s/ Daniel R. Tisch ------------------- Daniel R. Tisch By: /s/ James S. Tisch ------------------ James S. Tisch By: /s/ Thomas J. Tisch ------------------- Thomas J. Tisch By: /s/ Joan H. Tisch -------------------- Joan H. Tisch Page 13 of 14 Pages EXHIBIT 1 AGREEMENT In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that this Statement on Schedule 13D relating to the Common Stock, par value $0.025 per share, of Neurogen Corporation being filed with the Securities and Exchange Commission on behalf of each of them. April 2, 2004 By: /s/ Julian C. Baker ------------------- Julian C. Baker By: /s/ Felix J. Baker ------------------ Felix J. Baker By: /s/ Andrew H. Tisch ------------------- Andrew H. Tisch By: /s/ Daniel R. Tisch ------------------- Daniel R. Tisch By: /s/ James S. Tisch ------------------ James S. Tisch By: /s/ Thomas J. Tisch ------------------- Thomas J. Tisch By: /s/ Joan H. Tisch -------------------- Joan H. Tisch Page 14 of 14 Pages -----END PRIVACY-ENHANCED MESSAGE-----