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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Litka Paul A. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Magainin Pharmaceuticals Inc. - MAGN (Month/Day/Year)
(Last) (First) (Middle) 2/12/97 ------------------------------------
c/o Magainin Pharmaceuticals Inc. ---------------------------- 5. Relationship of Reporting 7. Individual or
5110 Campus Drive
- ---------------------------------------- 3. IRS or Social Security Person to Issuer Joint/Group
(Street) Number of Reporting (Check all applicable) Filing Check
Person (Voluntary) Director 10% Owner Applicable Line)
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X Officer Other (specify X Form filed by one
Plymouth Meeting, PA, 19462 ----- ----- --
- -------------------------------------- ---------------------------- (give title below) below) Reporting Person
(City) (State) (Zip) --Form filed by
more than One
Sr. Vice President, Clinical Reporting Person
Research/Regulatory Affairs
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473 (7/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Options (Rights to Buy) + 5/19/2005 Common Stock 40,000 $3.63 D
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Options (Rights to Buy) ++ 7/21/2005 Common Stock 12,000 $7.13 D
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Options (Rights to Buy) +++ 6/28/2006 Common Stock 40,000 $10.50 D
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Options (Rights to Buy) ++++ 6/28/2006 Common Stock 20,000 $10.50 D
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Explanation of Responses: /s/ Paul A. Litka 3/5/97
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+ Options exercisable at the rate of 25% of such option on each of the first **Signature of Reporting Person Date
four anniversary dates of the date of grant, which was May 19, 1995.
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++ Options exercisable at the rate of 25% of such option on each of the first SEC 1473 (7/96)
four anniversary dates of the date of grant, which was July 21, 1995.
+++ Options exercisable at the rate of 25% of such option on each of the first
four anniversary dates of the date of grant, which was June 28, 1996.
++++ Options exercisable at the rate of 20% of such option on each of the first
five anniversary dates of the date of grant, which was June 28, 1996.
** 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 provided is insufficient, See Instruction 6 for procedure.
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