X0303 4 2009-04-01 0 0000835887 PROGENICS PHARMACEUTICALS INC PGNX 0001327414 Olson William C 777 OLD SAW MILL RIVER ROAD TARRYTOWN NY 10591 0 1 0 0 VP, Research & Development Common Stock 2009-04-01 4 F 0 1832 6.65 D 36163 D Common Stock 2009-04-01 4 M 0 2014 5.65 A 38177 D ESPP (right to buy) 5.65 2009-04-01 4 M 0 2014 0 D 2009-04-01 2009-04-01 Common Stock 2014 0 D ESPP (right to buy) 6.59 2009-04-01 4 A 0 1712 0 A 2009-10-01 2009-10-01 Common Stock 1712 1712 D Includes shares of common stock acquired from the non-reportable exercise under a Qualified Employee Stock Purchase Plan. Acquired upon the complete exercise of a grant under the Non-Qualified Employee Stock Purchase Plan, which grant was previously reported at the start of a six month option term, to acquire common stock up to an option amount which is 25% of the optionee's quarterly salary less $6,250, at a purchase price equal to the lower of 100% of the market value on the date of grant or 85% of the market value on the date of exercise. The option was granted on the first day of the option term and previously reported as a right to purchase shares of the Company's common stock at an exercise price equal to the market value on the date of grant. In accordance with the Non-Qualified Employee Stock Purchase Plan, the option is ultimately exercisable for an exercise price which is the lower of 100% of the market value on the grant date or 85% of the market value on the day prior to the exercise date. The number of shares exercised is based on the option amount divided by the lower of 100% of the market value on the grant date or 85% of the market value on the day prior to the exercise date. Granted under the Company's Non-Qualified Employeee Stock Purchase Plan. The option will be exercisable for that number of shares equal to the option amount (25% of the optionee's quarterly salary less $6,250) divided by the lesser of the market value of the common stock on the grant date or 85% of the market value on the day prior to the exercise date. William C. Olson 2009-04-03