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Form: 5

Annual statement of changes in beneficial ownership of securities

April 11, 2003

Ìý

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 5

ANNUAL 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(h) of the Investment Company Act of 1940

o Check box if no longer
subject to SectionÌý16.
FormÌý4 or FormÌý5
obligations may continue.
See InstructionÌý1(b).
o Form 3 Holdings Reported
x Form 4 Transactions Reported

1. Name and Address of Reporting
Person*
2. Issuer Name and Ticker or Trading
Symbol
3. I.R.S. Identification Number of Reporting
Person, if an entity
(Voluntary)
Ìý Frashier, Gary E.
(Last) (First) (Middle)
Ìý eXegenics Inc. (EXEG)
Ìý N/A
Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý c/o eXegenics
2110 Research Row

4. Statement for Month/Year 5. If Amendment, Date of Original (Month/Year)
Ìý Ìý 2002
Ìý Ìý
Ìý (Street) 6. Relationship of Reporting Person(s)
to Issuer
(Check All Applicable)
7. Individual or Joint/Group Reporting
(Check Applicable Line)
Ìý Dallas, TX 75235
(City)ÌýÌýÌýÌýÌýÌýÌý (State)ÌýÌýÌýÌýÌýÌýÌý (Zip)
Ìý x ÌýDirector o Ìý10% Owner Ìý x Form filed by One Reporting Person
Ìý Ìý o ÌýOfficer (give title below) Ìý o Form filed by More than One Reporting Person
Ìý Ìý o ÌýOther (specify below) Ìý
Ìý Ìý Ìý
Ìý Ìý Ìý

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


Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

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

1. Title of
Security

(Instr. 3)
2. Transaction
Date

(Month/Day/Year)
2A. Deemed Execution
Date, if any

(Month/Day/Year)
3. Transaction
Code

(Instr. 8)
4. Securities Acquired (A)
or Disposed of (D)

(Instr. 3, 4 and 5)
5. Amount of Securities
Beneficially Owned
at the End of Issuer's
Fiscal Year

(Instr. 3 and 4)
6. Ownership
Form:
Direct (D) or
Indirect (I)

(Instr. 4)
7. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Amount (A)
or
(D)
Price Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

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Ìý


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

1. Title of Derivative
Security

(Instr. 3)
2. Conversion or Exercise
Price of Derivative
Security
3. Transaction Date
(Month/Day/Year)
3A. Deemed Execution
Date, if any

(Month/Day/Year)
4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities
Acquired (A) or Disposed of (D)

(Instr. 3, 4 and 5)

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý (A) (D)

Ìý Option to purchase common stock Ìý Ìý $2.55 Ìý Ìý 01/11/02 Ìý N/A Ìý A Ìý 20,000

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

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Ìý


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

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount of
Underlying Securities

(Instr. 3 and 4)
8. Price of Derivative
Security

(Instr. 5)
9. Number of Derivative
Securities Beneficially
Owned at End of
Year

(Instr. 4)
10. Ownership of
Derivative Security:
Direct (D)
or Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

Ìý Date
Exercisable
Expiration
Date
Ìý Title Amount or
Number of
Shares
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý (1) 01/11/12 Ìý Common stock 20,000 Ìý Ìý Ìý Ìý Ìý Ìý 20,000 Ìý Ìý D Ìý N/A

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Explanation of Responses:

(1) The option vests 50% on January 11, 2003 and the remaining 50% on January 11, 2004.

/s/ Gary E. Frashier Ìý 4/11/2003

**Signature of Reporting Person
Ìý
Date


** Ìý Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18ÌýU.S.C.Ìý1001 and 15ÌýU.S.C.Ìý78ff(a).
Ìý
Note: Ìý 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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