X0202 4 2005-07-22 1 0000874255 MEDAREX INC MEDX 0001014095 CRAVES FRED B C/O BAY CITY CAPITAL 750 BATTERY STREET, SUITE 600 SAN FRANCISCO CA 94111 0 0 0 1 Former Director Common Stock $.01 par value per share 2005-07-22 4 M 0 14000 7.4795 A 217207 D Common Stock $.01 par value per share 2005-07-22 4 S 0 14000 10.05 D 203207 D Stock Options (Right to Buy) 1.4688 1998-10-14 4 A 0 100000 0 A 1999-04-14 2008-10-13 Common Stock 100000 100000 D Stock Options (Right to Buy) 45.2031 2000-12-15 4 J 0 3600 0 A 2001-04-13 2010-10-12 Common Stock 3600 3600 I See Footnote Stock Options (Right to Buy) 5.59 2003-07-24 4 A 0 14000 0 A 2004-01-24 2013-07-23 Common Stock 14000 14000 D Stock Options (Right to Buy) 4.885 2004-08-11 4 A 0 18000 0 A 2005-02-11 2014-08-10 Common Stock 18000 18000 D Stock Options (Right to Buy) 7.4795 2005-07-22 4 D 0 14000 0 A 2003-01-23 2012-07-22 Common Stock 14000 0 D Represents Fred B. Craves' indirect ownership of 15% of the 24,000 options to purchase Medarex Common Stock held by Bay City Capital LLC. Fred B. Craves holds 15% interest in the capital account of Bay City LLC. FRED B. CRAVES 2005-07-25