X0202 4 2004-11-18 0 0001103021 BIODELIVERY SCIENCES INTERNATIONAL INC BDSI 0001196616 STEPHENSON L M 2401 PENNSYLVANIA AVE. UNIT 5B 34 PHILADELPHIA PA 19130 1 0 0 0 Common Stock 2004-07-19 4 M 0 30000 1.70 A 30000 D Option 5.50 2002-03-06 4 A 0 23135 0 A 2002-03-06 2006-03-06 Common Stock 23135 23135 D Option 3.83 2004-08-14 4 A 0 25000 0 A 2004-08-14 2013-08-14 Common Stock 25000 25000 D Option 3.06 2001-10-01 4 A 0 6865 0 A 2001-10-01 2006-10-01 Common Stock 6865 6865 D Option 1.70 2004-07-19 4 M 0 30000 0 D 2004-09-26 2007-09-26 Common Stock 30000 0 D Option 2.29 2004-07-29 4 A 0 30000 0 A 2004-07-29 2014-07-29 Common Stock 30000 30000 D Leonard M. Stephenson 2004-11-18