X0303 4 2010-03-17 0 0001047699 KING PHARMACEUTICALS INC KG 0001354792 Elrod James W C/O KING PHARMACEUTICALS, INC. 501 FIFTH STREET BRISTOL TN 37620 0 1 0 0 Chief Legal Officer, Secretary Common Stock 2010-03-17 4 A 0 12900 0.00 A 187445 D Stock Option (Right to Buy) 12.44 2010-03-17 4 A 0 45540 0.00 A 2020-03-17 Common Stock 45540 45540 D The reported transaction represents restricted stock that was granted on March 17, 2010, pursuant to King Pharmaceuticals, Inc. Long Term Incentive Award program. One hundred percent of such stock vests on March 17, 2013. Thirty-three percent of this stock option, which was granted under the King Pharmaceuticals, Inc. Long Term Incentive Award program, will vest on March 17, 2011; 33% of the stock option will vest on March 17, 2012; and the remaining 34% of the stock option will vest on March 17, 2013. /s/ James W. Elrod 2010-03-19