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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1326190	Pharmathene Inc	PIP	Pharmaceutical Preparations (2834)	202726770

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1409487	D Valerie Riddle	C/O Pharmathene, Inc. One Park Place, Suite 450 Annapolis MD 21401	Svp, Medical Director	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
Common Stock, $0.0001 Par Value Per Share	Acquisiton	2011-05-25	4,775	$2.96	54,565	No	4	M	Direct
Common Stock, $0.0001 Par Value Per Share	Disposition	2011-05-25	4,775	$3.75	49,790	No	4	S	Direct
Common Stock, $0.0001 Par Value Per Share	Acquisiton	2011-05-31	3,438	$2.46	53,228	No	4	M	Direct
Common Stock, $0.0001 Par Value Per Share	Disposition	2011-05-31	3,438	$4.00	49,790	No	4	S	Direct
Common Stock, $0.0001 Par Value Per Share	Disposition	2011-05-31	5,354	$4.01	44,436	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option to purchase	Disposition	2011-05-25	4,775	$0.00	4,775	$2.96
Common Stock	Option to purchase	Disposition	2011-05-31	3,438	$0.00	3,438	$2.46

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,317		2013-10-14	No	4	M	Direct
20,627		2019-01-21	No	4	M	Direct

Footnotes

The transactions reported hereon have been effected pursuant to the Reporting Person's 10b5-1 Plan.
The option exercised is part of a October 14, 2003 grant of options to purchase an aggregate of 19,092 shares, which is fully vested.
The option exercised is part of a January 21, 2009 grant of options to purchase an aggregate of 27,503 shares, which vests over a 4 year period with 25% each vesting on the first, second, third and fourth anniversaries of the grant date.