X0306 4 2012-12-26 0 0001053369 ELITE PHARMACEUTICALS INC /NV/ ELTP 0001465824 POTTI RAM C/O EPIC PHARMA, LLC 227-15 NORTH CONDUIT AVENUE LAURELTON NY 11413 1 0 1 0 Common Stock 2012-12-26 4 S 0 561000 0.0907 D 9559635 I See Footnote Ram Potti is an equity owner and executive officer of each of Epic Pharma, LLC ("EP"), and Epic Investments, LLC ("EI") (which is controlled by EP), which owns securities convertible into or exercisable for in excess of 10% of the outstanding shares of common stock of the issuer, and also serves as a director of the issuer Of the 9,559,635 shares of common stock, 9,328,002 shares of common stock are owned indirectly through EI and 231,633 shares are owned directly by the reporting person. Ram Potti 2012-12-31