SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SIGMA TAU INTERNATIONAL SA

(Last) (First) (Middle)
18 AVENUE DE LA PORTE NEUVE

(Street)
LUXEMBOURG N4 L-2227

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUESTCOR PHARMACEUTICALS INC [ qsc ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/08/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
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 Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, no par value per share 8,643,397 D
Common Stock, no par value per share 1,756,781 I Shares directly held by Claudio Cavazza.(1)
Common Stock, no par value per share 1,756,782 I Shares directly held by Paolo Cavazza.(1)
Common Stock, no par value per share 759,493 I Shares directly held by Defiante Farmaceutica L.d.A.(1)
Common Stock, no par value per share 1,265,822 I Shares underlying the Convertible Debenture held by Defiante Farmaceutica L.d.A.(1)
Common Stock, no par value per share 449,100 I Shares directly held by Aptafin S.p.A.(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(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) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Debenture $1.58 03/08/2005 J(2) $2,000,000 (3) 03/15/2005 Common Stock, no par value per share 1,265,822 $2,000,000 $0 I The Convertible Debenture is directly held by Defiante Farmaceutica L.d.A.(1)
Convertible Debenture $1.58 03/08/2005 J(2) $2,000,000 (3) 04/15/2005 Common Stock, no par value per share 1,265,822 $2,000,000 $2,000,000 I The Convertible Debenture is directly held by Defiante Farmaceutica L.d.A.(1)
1. Name and Address of Reporting Person*
SIGMA TAU INTERNATIONAL SA

(Last) (First) (Middle)
18 AVENUE DE LA PORTE NEUVE

(Street)
LUXEMBOURG N4 L-2227

(City) (State) (Zip)
1. Name and Address of Reporting Person*
SIGMA TAU FINANZIARIA SPA

(Last) (First) (Middle)
VIA SUDAFRICA 20
144

(Street)
ROME ITALY

(City) (State) (Zip)
1. Name and Address of Reporting Person*
DEFIANTE FARMACEUTICA LDA

(Last) (First) (Middle)
RUA DOS FERREIROS,260

(Street)
FUNCHAL MADEIRA S1 9000-082

(City) (State) (Zip)
1. Name and Address of Reporting Person*
APTAFIN S P A

(Last) (First) (Middle)
VIALE SHAKESPEARE 47

(Street)
ROME L6 00144

(City) (State) (Zip)
1. Name and Address of Reporting Person*
CAVAZZA CLAUDIO

(Last) (First) (Middle)
VIA SUDAFRICA 20

(Street)
ROME ITALY L6 00000

(City) (State) (Zip)
1. Name and Address of Reporting Person*
CAVAZZA PAOLO

(Last) (First) (Middle)
VIA TESSERETE, 10

(Street)
LUGANO V8 V8

(City) (State) (Zip)
Explanation of Responses:
1. Sigma-Tau Finanziaria S.p.A. owns 100% of the capital stock of Sigma-Tau International S.A. (f/k/a Sigma-Tau Finance Holding S.A.) and 58% of the capital stock of Defiante Farmaceutica L.d.A. Sigma-Tau International S.A. owns 42% of the capital stock of Defiante Farmaceutica L.d.A. Claudio Cavazza owns, directly and indirectly, 60% of Sigma-Tau Finanziaria S.p.A. and Paolo Cavazza owns, directly and indirectly, 40% of Sigma-Tau Finanziaria S.p.A. Paolo Cavazza also owns, directly and indirectly, 100% of Aptafin S.p.A.
2. Amendment of outstanding 8% Convertible Debenture resulting in deemed cancellation of the debenture and issuance of a replacement debenture. The 8% Convertible Debenture was originally issued in March 2002 in the principal amount of $2,000,000 with a maturity date of March 15, 2005. On March 8, 2005, the maturity date of the debenture was extended until April 15, 2005.
3. Defiante Farmaceutica L.d.A., the holder of the Convertible Debenture, may convert all or any portion of the debenture into Common Stock, no par value per share, at any time prior to the maturity date.
Maurizio Terenzi, Attorney-in-fact for Sigma-Tau International S.A. 03/09/2005
Maurizio Terenzi, Attorney-in-fact for Sigma-Tau Finanziari S.p.A. 03/09/2005
Maurizio Terenzi, Attorney-in-fact for Defiante Farmaceutica L.D.A. 03/09/2005
Maurizio Terenzi, Attorney-in-fact for Aptafin S.p.A. 03/09/2005
Maurizio Terenzi, Attorney-in-fact for Claudio Cavazza 03/09/2005
Maurizio Terenzi, Attorney-in-fact for Paolo Cavazza 03/09/2005
** Signature of Reporting Person Date
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