X0202 4 2006-03-01 0 0000873364 CEPHALON INC CEPH 0001209724 SAVINI CARL A 41 MOORES ROAD FRAZER PA 19355 0 1 0 0 Exec VP & Chief Admin Officer Common Stock 2006-03-01 4 S 0 2500 80.23 D 36000 D Common Stock 2359 I by Trust Incentive Stock Option (right to buy) 48.2 2006-03-01 4 M 0 250 0 D 2007-12-16 2013-12-16 Common Stock 250 250 D Incentive Stock Option (right to buy) 48.2 2006-03-01 4 M 0 12500 0 D 2007-12-17 2013-12-17 Common Stock 12500 12500 D Non-Qualified Stock Option (right to buy) 48.06 2006-03-01 4 M 0 5000 0 D 2008-12-16 2014-12-16 Common Stock 5000 12920 D Non-Qualified Stock Option (right to buy) 51.17 2006-03-01 4 M 0 41250 0 D 2006-12-19 2012-12-19 Common Stock 41250 13750 D Options vest 25% on each annual anniversary of grant and are fully vested 4 years from date of grant. Options expire 10 years from date of grant. By: Carolyn S. Iosca For: Carl A. Savini 2006-03-02