X0202 4 2004-11-17 0 0001027974 PACIFICARE HEALTH SYSTEMS INC /DE/ PHS 0001069411 PHANSTIEL HOWARD G 5995 PLAZA DRIVE CYPRESS CA 90630 1 1 0 0 Chairman of the Board & CEO Common Stock 2004-11-17 4 M 0 700 6.031 A 64550.956 D Common Stock 2004-11-17 4 S 0 700 47.01 D 63850.956 D Common Stock 2004-11-17 4 M 0 25000 6.031 A 88850.956 D Common Stock 2004-11-17 4 S 0 25000 47 D 63850.956 D Common Stock 2004-11-17 4 M 0 500 6.031 A 64350.956 D Common Stock 2004-11-17 4 S 0 500 46.99 D 63850.956 D Common Stock 2004-11-17 4 M 0 200 6.031 A 64050.956 D Common Stock 2004-11-17 4 S 0 200 46.9 D 63850.956 D Common Stock 2004-11-17 4 M 0 1000 6.031 A 64850.956 D Common Stock 2004-11-17 4 S 0 1000 46.89 D 63850.956 D Common Stock 2004-11-17 4 M 0 7200 6.031 A 71050.956 D Common Stock 2004-11-17 4 S 0 7200 46.88 D 63850.956 D Common Stock 2004-11-17 4 M 0 300 6.031 A 64150.956 D Common Stock 2004-11-17 4 S 0 300 46.86 D 63850.956 D Common Stock 2004-11-17 4 M 0 700 6.031 A 64550.956 D Common Stock 2004-11-17 4 S 0 700 46.85 D 63850.956 D Common Stock 2004-11-17 4 M 0 100 6.031 A 63950.956 D Common Stock 2004-11-17 4 S 0 100 46.84 D 63850.956 D Common Stock 2004-11-17 4 M 0 1500 6.031 A 65350.956 D Common Stock 2004-11-17 4 S 0 1500 46.83 D 63850.956 D Common Stock 2004-11-17 4 M 0 800 6.031 A 64650.956 D Common Stock 2004-11-17 4 S 0 800 46.81 D 63850.956 D Common Stock 2004-11-17 4 M 0 8800 6.031 A 72650.956 D Common Stock 2004-11-17 4 S 0 8800 46.8 D 63850.956 D Common Stock 2004-11-17 4 M 0 3600 6.031 A 67450.956 D Common Stock 2004-11-17 4 S 0 3600 46.79 D 63850.956 D Common Stock 2004-11-17 4 M 0 1300 6.031 A 65150.956 D Common Stock 2004-11-17 4 S 0 1300 46.76 D 63850.956 D Common Stock 2004-11-17 4 M 0 12700 6.031 A 76550.956 D Common Stock 2004-11-17 4 S 0 12700 46.75 D 63850.956 D Exercise of stock option granted under the 2000 Employee Plan of PacifiCare Health Systems, Inc. in a transaction exempt under Rule 16b-3. Howard G Phanstiel 2004-11-19