X0201 42004-01-2000000879993DUSA PHARMACEUTICALS INC DUSA0001205850LUNDAHL SCOTT LC/O DUSA PHARMACEUTICALS, INC.25 UPTON DRIVEWILMINGTONMA018870100Vice President, TechnologyCommon Stock2004-01-204X010000.00003.6250A15207.0000DCommon Stock2004-01-214S01000.00006.4000D14207.0000DCommon Stock2004-01-214S01900.00006.4500D12307.0000DCommon Stock2004-01-214S0100.00006.4800D12207.0000DCommon Stock2004-01-214S07000.00006.4009D5207.0000DStock Option3.62502004-01-204X010000.00000D2004-04-14Common Stock10000.00000DOption vested 25% per year on the first, second, third and fourth anniversaries of April 13, 1994./s/Scott L. Lundahl2004-01-21