X0202 4 2007-04-23 0000849043 NEUROGEN CORP NRGN 0001131147 HUTCHISON ALAN 35 NE INDUSTRIAL RD. BRANFORD CT 06405 0 1 0 0 EVP, Discovery Research Common Stock 2007-04-23 4 S 0 1200 6.94 D 23800 D Common Stock 2007-04-23 4 S 0 100 6.95 D 23700 D Common Stock 2007-04-23 4 S 0 408 6.96 D 23292 D Common Stock 2007-04-23 4 S 0 792 6.97 D 22500 D Common Stock 10617 I By 401(k) Plan The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2005. Between April 24, 2006 and April 23, 2007 the reporting person acquired 1,265 shares of common stock under the Neurogen Corporation 401k Plan. The information in this report is based on a plan statment date of April 23, 2007. /s/Stephen R. Davis, by power of attorney 2007-04-24