X0201 4 2004-03-04 0000815838 NOVEN PHARMACEUTICALS INC NOVN 0001224097 JONES W NEIL C/O NOVEN PHARMACEUTICALS, INC. 11960 S.W. 144TH STREET MIAMI FL 33186 0 1 0 0 VP, Marketing & Sales Common Stock ($.0001 par value) 2004-03-04 4 M 0 6717 10.00 A 9229 D Common Stock ($.0001 par value) 2004-03-04 4 S 0 6717 24.00 D 2512 D Common Stock ($.0001 par value) 2004-03-05 4 M 0 3033 10.00 A 5545 D Common Stock ($.0001 par value) 2004-03-05 4 M 0 15998 15.13 A 21543 D Common Stock ($.0001 par value) 2004-03-05 4 S 0 951 24.04 D 20592 D Common Stock ($.0001 par value) 2004-03-05 4 S 0 1100 24.03 D 19492 D Common Stock ($.0001 par value) 2004-03-05 4 S 0 100 24.01 D 19392 D Common Stock ($.0001 par value) 2004-03-05 4 S 0 16880 24.00 D 2512 D Stock Option (Right to Buy) 10.00 2004-03-04 4 M 0 6717 0 D 2006-11-08 Common Stock ($.0001 par value) 6717 3033 D Stock Option (Right to Buy) 10.00 2004-03-05 4 M 0 3033 0 D 2006-11-08 Common Stock ($.0001 par value) 3033 3250 D Stock Option (Right to Buy) 15.13 2004-03-05 4 M 0 15998 0 D 2008-11-05 Common Stock ($.0001 par value) 15998 24002 D 10% exercisable after 11/08/2000; 20% exercisable after 11/08/2001; 20% exercisable after 11/08/2002; 25% exercisable after 11/08/2003; 25% exercisable after 11/08/2004. 20% exercisable per year for 5 years. W. Neil Jones 2004-03-05