X0202 3 2008-01-18 0 0001005201 DEPOMED INC DEPO 0001178579 TANG KEVIN C 4401 EASTGATE MALL SAN DIEGO CA 92121 0 0 1 0 0001191935 TANG CAPITAL PARTNERS LP 4401 EASTGATE MALL SAN DIEGO CA 92121 0 0 1 0 0001232621 TANG CAPITAL MANAGEMENT LLC 4401 EASTGATE MALL SAN DIEGO CA 92121 0 0 1 0 Common Stock 3709600 I By LP Common Stock 97000 I As Trustee Common Stock 11000 D Call Options (right to buy) 5.00 2008-02-16 Common Stock 1200000 I By LP Call Options (obligation to sell) 5.00 2008-06-21 Common Stock 1200000 I By LP The securities are held by Tang Capital Partners, LP. The reporting person is the sole manager of Tang Capital Management, LLC, which is the general partner of Tang Capital Partners, LP. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein. The securities are held by Kevin C. Tang as custodian for his minor children, as Trustee of the Tang Family Trust, and as Trustee of the Tang Advisors, LLC Profit Sharing Plan. The securities are held by the reporting person's IRA. Immediately /s/ Kevin C. Tang 2008-01-28 /s/ Kevin C. Tang, as Managing Member of Tang Capital Management, LLC, General Partner 2008-01-28 /s/ Kevin C. Tang, Managing Member 2008-01-28