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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
911216	Palatin Technologies Inc	PTN	Pharmaceutical Preparations (2834)	954078884

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1103883	T Stephen Wills	Palatin Technologies, Inc. 4C Cedar Brook Drive Cranbury NJ 08512	Exec Vp - Operations & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-03-01	50,000	$0.00	98,024	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A common stock purchase warrant	Acquisiton	2011-03-01	4,348	$0.00	4,348	$1.00
Common Stock	Series B common stock purchase warrant	Acquisiton	2011-03-01	45,652	$0.00	45,652	$1.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,348	2011-03-01	2016-03-01	No	4	P	Direct
45,652	2012-03-02	2017-03-02	No	4	P	Direct

Footnotes

Included in the purchase of 50,000 Units at a price of $1.00 per Unit. Each Unit consisted of one share of common stock; a Series A Warrant exercisable immediately for 2/23 of a share of common stock at an exercise price of $1.00 per share, with an expiration date of March 1, 2016; and a Series B Warrant exercisable starting March 2, 2012 for 21/23 of a share of common stock at an exercise price of $1.00 per share, with an expiration date of March 2, 2017. Exercise of the Series B warrant is subject to stockholder approval of an increase in the issuer's authorized capital.