-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IOHGBxU/jtr8TXIN5PB8bRcbjgZYvHIFQz5wxnLCUi50HrrDsXUuGELnUp1Iz70R
 4MYRmp1BgswMISiMeZBByQ==

<SEC-DOCUMENT>0001181431-04-044810.txt : 20040923
<SEC-HEADER>0001181431-04-044810.hdr.sgml : 20040923
<ACCEPTANCE-DATETIME>20040923204331
ACCESSION NUMBER:		0001181431-04-044810
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031119
FILED AS OF DATE:		20040923
DATE AS OF CHANGE:		20040923

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CAHILL JAMES
		CENTRAL INDEX KEY:			0001241726

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20449
		FILM NUMBER:		041043781

	BUSINESS ADDRESS:	
		STREET 1:		PRICE ENTITIES
		STREET 2:		7979 IVANHE AVENUE #520
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
		BUSINESS PHONE:		8585512318

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRICE LEGACY CORP
		CENTRAL INDEX KEY:			0000929647
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330628740
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		17140 BERNARDO CENTER DRIVE, SUITE 300
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
		BUSINESS PHONE:		8586759400

	MAIL ADDRESS:	
		STREET 1:		17140 BERNARDO CENTER DRIVE, SUITE 300
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRICE ENTERPRISES INC
		DATE OF NAME CHANGE:	19940907
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>rrd49369.xml
<DESCRIPTION>JIM CAHILL FORM 4/A (PLRE)
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2003-11-19</periodOfReport>

    <dateOfOriginalSubmission>2004-04-15</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000929647</issuerCik>
        <issuerName>PRICE LEGACY CORP</issuerName>
        <issuerTradingSymbol>PLRE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001241726</rptOwnerCik>
            <rptOwnerName>CAHILL JAMES</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>7979 IVANHOE AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 520</rptOwnerStreet2>
            <rptOwnerCity>LA JOLLA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92037</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>111211</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2003-11-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>150</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.56</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>101360</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>As co-trustee</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On November 19, 2003, a trust for which the reporting person is a co-trustee acquired 600 shares of the common stock, par value $0.0001 (&quot;Old Common Stock&quot;), of Price Legacy Corporation (&quot;Price Legacy&quot;) for $3.39 per share.  On March 12, 2004, Price Legacy engaged in a recapitalization (the

&quot;Recapitalization&quot;), which included a 4-for-1 reverse stock split.  As a result, these 600 shares of Old Common Stock became 150 shares of common stock,

par value $0.0004 (&quot;New Common Stock&quot;), of Price Legacy.  The number of shares and the purchase price reported give effect to the Recapitalization.  The reporting person disclaims beneficial ownership of these shares and is including them in this Form 4/A on a purely voluntary basis.</footnote>
        <footnote id="F2">The reporting person disclaims beneficial ownership of these securities.</footnote>
    </footnotes>

    <remarks>This Form 4/A is being filed to amend the number of shares of New Common Stock previously reported to be directly held by the reporting person.  As set

forth in footnote 1 above, it is also being filed to amend the number of shares of New Common Stock that the reporting person may be deemed to

beneficially own as a co-trustee.



As reported in the Form 4 filed by the reporting person on or around January 29, 2003, the reporting person directly held, at that time, 105,916 shares of

Series A Preferred Stock of Price Legacy (&quot;Series A Preferred Stock&quot;).  Subsequent Section 16 filings, however, erroneously reported him as directly

holding 111,216 shares of Series A Preferred Stock.  This error arose from the inadvertent inclusion of 5,300 shares of Series A Preferred Stock in the

number of shares of Series A Preferred Stock reported to be directly held by him, even though these 5,300 shares had already been included (as

reported in a Form 4 filed by the reporting person on or around December 9, 2002) in the number of shares that he may be deemed to have indirectly held

as a co-trustee.  As a result of this error, when the Series A Preferred Stock directly held by the reporting person was exchanged for New Common

Stock pursuant to the Recapitalization, there was a corresponding overstatement in the number of shares of New Common Stock reported to be directly

held by him.  This corresponding overstatement appeared in the Form 4s filed by the reporting person on March 16, 2004 and April 15, 2004.  The correct

number of shares of New Common Stock currently directly held by the reporting person is 111,211 shares rather than the 116,776 shares previously

reported.</remarks>

    <ownerSignature>
        <signatureName>/s/ James F. Cahill</signatureName>
        <signatureDate>2004-09-23</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----