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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
891288	Questcor Pharmaceuticals Inc	QCOR	Pharmaceutical Preparations (2834)	330476164

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1223697	M Don Bailey	1300 North Kellogg Drive Suite D Anaheim CA 92807	President & Ceo	Yes	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	2012-06-11	30,000	$0.44	129,000	No	4	M	Indirect	Held by the Bailey 1995 Family Trust
Common Stock	Disposition	2012-06-11	15,000	$45.37	114,000	No	4	S	Indirect	Held by the Bailey 1995 Family Trust
Common Stock	Disposition	2012-06-11	15,000	$45.37	99,000	No	4	S	Indirect	Held by the Bailey 1995 Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	Held by the Bailey 1995 Family Trust
No	4	S	Indirect	Held by the Bailey 1995 Family Trust
No	4	S	Indirect	Held by the Bailey 1995 Family Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2012-06-11	30,000	$0.00	30,000	$0.44

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,339		2017-07-01	No	4	M	Direct

Footnotes

As of the date of this Form 4, the reporting person holds Questcor Pharmaceuticals, Inc. stock options to purchase 1,728,339 shares of common stock; of such amount, 1,009,484 shares are fully vested and exercisable. The reporting person also holds 147,422 shares of Questcor Pharmaceuticals, Inc. common stock, of which 48,422 shares are held directly by the reporting person.
Options were granted under the Questcor Pharmaceuticals, Inc. 2006 Equity Incentive Award Plan.
The option was granted on 07/02/2007 for the right to buy 320,000 shares of common stock of the Issuer. The option provided for monthly vesting over 48 months from the date of grant, with a 12-month cliff, whereby no options vested until after the twelfth month from the date of the grant. Options to purchase 3,339 shares remain unexercised from this grant.