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OMB APPROVAL
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- ------ OMB Number: 3235-0362
FORM 5 Expires: September 30, 1998
- ------ Estimated average burden
hours per response .... 1.0
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/ / Check box if no UNITED STATES SECURITIES AND EXCHANGE COMMISSION
longer subject to WASHINGTON, DC 20549
Section 16. Form
4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
obligations may
continue. Filed pursuant to Section 16(a) of the Securities
See Instruction 1(b). Exchange Act of 1934, Section 17(a) of the Public
/ / Form 3 Holdings Utility Holding Company Act of 1935 or Section 30(f)
Reported of the Investment Company Act of 1940
/ / Form 4
Transactions
Reported
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<S> <C> <C> <C> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Dougherty Michael R. Magainin Pharmaceuticals Inc.-MAGN to Issuer (Check all applicable)
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
c/o Magainin Pharmaceuticals Inc. Number of Reporting Month/Year X Officer (give Other (Specify
5110 Campus Drive Person (Voluntary) 12/97 ---- title --- below)
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(Street) 5. If Amendment, Executive Vice President and
Date of Original Chief Financial Officer
(Month/Year
7. Individual or Joint/Group Reporting
(Check applicable line)
X Form Filed by One Reporting
---- Person
Form Filed by More than One
Plymouth Meeting, PA 19462 ---- Reporting Person
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(City) (State) (Zip) TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Month/ (Instr. 8) end of Issuer's Direct Benefi-
Day/ Fiscal Year (D) or cial
Year) ---------------------------- (Instr. 3 and 4) Indirect Owner-
Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALL, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount
Security sion or action action Derivative cisable and of Underlying
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4)
Deriv- Day/ Disposed of (D) (Month/Day/
ative Year) (Instr. 3, 4, Year)
Security and 5)
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Date Expira- Amount or
-------------- Exer- tion Title Number of
(A) (D) cisable Date Shares
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Option to buy $7.380 7/9/97 A 50,000 7/9/98+ 7/9/2007 Common 50,000
Stock
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<S> <C> <C> <C>
8. Price 9. Number of 10. Ownership 11. Nature of
of Derivative of Derivative Indirect
Derivative Securities Security: Beneficial
Security Beneficially Direct (D) Ownership
(Instr. 5) Owned at End or Indirect (l) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
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0 50,000 D
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Explanation of Responses:
+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 July 9, 1997.
**Intentional misstatements or omissions of facts constitute Federal /s/ Michael R. Dougherty 2/11/98
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed. If space provided 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 currently valid OMB Number
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