X0201 4 2004-02-05 0 0000874255 MEDAREX INC MEDX 0000903877 FANGER MICHAEL W DARTMOUTH MEDICAL SCHOOL 1 MED CTR. DRIVE, BORWELL BLDG-600 W LEBANON NH 03756 1 0 0 0 Common Stock, $0.01 par value 2004-02-05 4 M 0 10291 0 A 468648 D Common Stock, $.01 par value per share 160000 I by spouse Stock Options (Right to Buy) 2.25 1997-09-05 4 A 0 60000 0 A 1998-03-05 2007-09-04 Common Stock 60000 60000 D Stock Options (Right to Buy) 45.2 2000-10-13 4 A 0 46000 0 A 2001-04-13 2010-10-12 Common Stock 46000 46000 D Stock Options (Right to Buy) 7.4795 2002-07-23 4 A 0 14000 0 A 2003-01-23 2012-07-22 Common Stock 14000 14000 D Phantom Stock Units 0 2004-02-05 4 D 0 10291 0 D 2002-05-05 2007-02-05 Common Stock 10291 123496 D 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 The phantom stock units were acquired under the Company's Executive Deferred Compensation Plan in connection with the exercise of certain stock options which were scheduled to expire on June 15, 1999. The phantom stock units are settled 100% in shares of the Company's common stock in equal quarterly installments of 10,291 shares. The first installment was made on May 5, 2002. All share amounts reflect the Company's 2 for 1 stock split effected October 27, 2000. Represents phantom stock units convertible to shares of Company common stock on a one-for-one basis. Michael W. Fanger 2004-02-05