X0101 3 2003-07-01 0 0000059478 LILLY ELI & CO LLY 0001237564 PAUL STEVEN M 0 1 0 0 EVP, Science and Technology Common Stock 20504.00 D Common Stock 2105.00 I 401(k) Common Stock 579.00 I by daughter Common Stock 38877.00 I by wife Common Stock 589.00 I by wife as custodian for son Employee stock option (right to buy) 14.66 1997-10-17 2004-10-15 Common Stock 18700.00 D Employee stock option (right to buy) 23.41 1998-10-16 2005-10-14 Common Stock 24000.00 D Employee stock option (right to buy) 34.60 1999-10-21 2006-10-20 Common Stock 16000.00 D Employee stock option (right to buy) 54.80 2000-07-21 2007-07-18 Common Stock 100000.00 D Employee stock option (right to buy) 64.06 2000-10-20 2007-10-19 Common Stock 20000.00 D Employee stock option (right to buy) 74.28 2001-10-19 2008-10-17 Common Stock 25000.00 D Employee Stock Option (right to buy) 66.38 2002-10-18 2009-10-16 Common Stock 46000.00 D Employee stock option (right to buy) 73.98 2004-02-20 2011-02-18 Common Stock 75900.00 D Employee stock option (right to buy) 79.28 2002-10-04 2011-10-04 Common Stock 23000.00 D Employee stock option (right to buy) 75.92 2005-02-19 2012-02-17 Common Stock 46000.00 D Employee stock option (right to buy) 57.85 2006-02-17 2013-02-15 Common Stock 50000.00 D Employee stock option (right to buy) 88.41 2005-12-19 2010-12-17 Common Stock 100000.00 D Reporting person disclaims beneficial ownership of these shares. The option vests in two equal annual installments: 50% on 10/04/2002 and 50% on 10/03/2003 The option vests as follows: 25% on 12/19/2005, 25% on 12/18/2008, and 50% on 11/02/2009 Steven M. Paul 2003-07-10