X0303 4/A 2010-12-01 2010-12-03 0 0001412067 Oncothyreon Inc. ONTY 0001418881 Christianson Gary 2601 FOURTH AVENUE SUITE 500 SEATTLE WA 98121 0 1 0 0 CHIEF OPERATING OFFICER Stock Option (right to buy) 3.32 2010-12-01 4 A 0 50000 0 A 2018-12-01 Common Stock 50000 50000 D The option is exercisable at the rate of 25% of the shares on December 1, 2011 and 1/48th of the total granted shares on each monthly anniversary thereafter, such that the option will be fully exercisable on December 1, 2014. The Expiration Date was incorrectly stated in the reporting person's original Form 4. /s/ Barbara A. Mery, attorney-in-fact on behalf of Gary Christianson 2010-12-03