X0305 4 2012-05-30 0 0000884629 WATSON PHARMACEUTICALS INC WPI 0001161920 TAYLOR RONALD R 138 WEST CANOE POINT ROAD COOLIN ID 83821 1 0 0 0 Common Stock, par value $0.0033 2012-05-30 4 M 0 30000 36.80 A 56065 D Common Stock, par value $0.0033 2012-05-30 4 S 0 30000 72.58 D 26065 D Non-Qualified Options to Purchase Common Stock 36.80 2012-05-30 4 M 0 30000 0 D 2006-05-19 2013-05-19 Common Stock, par value $0.0033 30000 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.51 to $72.67, inclusive. The reporting person undertakes to provide to Watson Pharmaceuticals, Inc., any security holder of Watson Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4. Includes shares of restricted stock issued pursuant to the Fourth Amendment and Restatement of the 2001 Incentive Award Plan of Watson Pharmaceuticals, Inc. /s/RONALD R. TAYLOR 2012-05-30