KV PHARMACEUTICAL CO /DE/
4, 2000-11-08
PHARMACEUTICAL PREPARATIONS
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed  pursuant to Section  16(a) of the  Securities  Exchange  Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940

[  ] Check this box if no longer subject of Section 16. Form 4 or Form 5
     obligations may continue. See Instruction 1(b).

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1. Name and Address of Reporting Person

   Hermelin               Marc                      S.
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   (Last)               (First)                 (Middle)

   2503 South Hanley Road
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                                    (Street)

   St. Louis,              MO                   63144
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   (City)               (State)                 (Zip)

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2. Issuer Name and Ticker or Trading Symbol

   K-V Pharmaceutical Company KVA, KVB

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3. IRS or Social Security Number of Reporting Person (Voluntary)


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4. Statement for Month/Year

   November, 2000
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5. If Amendment, Date of Original (Month/Year)

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6. Relationship of Reporting Person to Issuer

   (Check all applicable)

   [ X ]   Director                             [   ]   10% Owner
   [ X ]   Officer (give title below)           [   ]   Other (specify below)

                    Vice Chairman and Chief Executive Officer
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7.  Individual or Joint/Group Reporting

    [ X ] Form Filed by One Reporting Person
    [   ] Form Filed by More Than One Reporting Person

<PAGE>

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           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
================================================================================

<TABLE>
<CAPTION>
                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                (A)                of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount   or     Price       (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V               (D)                and 4)         (Instr.4) (Instr. 4)
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<S>                                   <C>         <C>     <C>    <C>      <C>    <C>         <C>            <C>       <C>

Class A Common Stock                                                                                 86,509(a)     D
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                  1,393,077(a)     I(b)
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                                                                                                    264,375(a)     I(c)
------------------------------------------------------------------------------------------------------------------------------------

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====================================================================================================================================
SEC.CHA


(a)  Reflects  three-for-two  stock split, in form  of stock dividend  to Share-
     holders of record August 28, 2000.

(b)  Shares  held in two  trusts in which the  reporting  person is one of three
     trustees of each trust;  including  Trust Agreement dated 12/22/73 FBO Marc
     S. Hermelin, in which the reporting person is the primary beneficiary,  and
     one trust including Trust Agreement dated 12/12/73 FBO Minnette Hermelin.

(c)  Shares  held in an  Irrevocable  trust  for the  benefit  of the  reporting
     person.  The reporting  person does not hold or share voting or dispositive
     power regarding the shares.


</TABLE>

Reminder: Report  on a separate line for  each class of securities  beneficially
owned directly or indirectly.

*    If the form  is filed by  more than one  reporting person, see  Instruction
4(b)(v).

<PAGE>

FORM 4 (continued)

Table    II --  Derivative  Securities  Acquired,  Disposed of, or  Beneficially
         Owned (e.g., puts, calls, warrants, options, convertible securities)

================================================================================
<TABLE>
<CAPTION>
                                                                                                          9.        10.
                                                                                                          Number    Owner-
                                                                                                          of        ship
                    2.                                                                                    Deriv-    of
                    Conver-                    5.                              7.                         ative     Deriv-   11.
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature
                    of                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Code     of (D)        (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
------------------------------------------------------------------------------------------------------------------------------------
<S>             <C>      <C>      <C>  <C>  <C>   <C>     <C>      <C>      <C>       <C>     <C>      <C>       <C>      <C>

Option to                                                                      Class A
Purchase         13.887     6/1/00    A       75,000                  6/1/03   Common    75,000             75,000     D
------------------------------------------------------------------------------------------------------------------------------------

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====================================================================================================================================

</TABLE>

Explanation of Responses:



        /s/ Marc S. Hermelin                                     11/08/00
---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date
        Marc S. Hermelin

** Intentional misstatements or omissions of facts constitute Federal Criminal
   Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.  If
       space is insufficient, see instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a current
valid OMB Number.

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