X0201 32003-08-04 0 0000353827 PHARMACEUTICAL FORMULATIONS INC PHFR 0001243245 ZEHER MICHAEL A C/O PFI 460 PLAINFIELD AVENUE, P.O. BOX 1904 EDISON NJ 08818-1904 1100President & COOCommon Stock, p.v. $0.08 100000DRight to buy.5352003-08-042008-08-04Common Stock, p.v. $0.08250000DAcquired pursuant to grant under Pharmaceutical Formulations, Inc. 1997 Stock Incentive Plan, subject to certain forfeiture requirements.Michael A. Zeher2003-08-05