X0202 4 2007-08-01 0 0000827809 QLT INC/BC QLT 0001159159 JANA PARTNERS LLC 200 PARK AVENUE, SUITE 3300 NEW YORK NY 10166 0 0 1 0 Common Stock 2007-08-01 4 S 0 100200 6.29 D 8627119 D Common Stock 2007-08-01 4 S 0 472 6.34 D 8626647 D Common Stock 2007-08-02 4 S 0 422156 6.02 D 8204491 D Common Stock 2007-08-02 4 S 0 9520 6.11 D 8194971 D Common Stock 2007-08-03 4 S 0 89410 5.91 D 8105561 D Common Stock 2007-08-03 4 S 0 34000 5.92 D 8071561 D Common Stock 2007-08-03 4 S 0 60569 5.84 D 8010992 D /s/ JANA Partners LLC by Charles Penner, General Counsel 2007-08-03