Celgene Corporation
CELGENE CORP /DE/ (Form: 4, Received: 01/20/2016 09:25:24)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HUGIN ROBERT J
2. Issuer Name and Ticker or Trading Symbol

CELGENE CORP /DE/ [ CELG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
see remarks
(Last)          (First)          (Middle)

C/O CELGENE CORPORATION, 86 MORRIS AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/15/2016
(Street)

SUMMIT, NJ 07901
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/15/2016     M    7292   A $27.425   1152923   D    
Common Stock   1/15/2016     M    4030   A $24.805   1156953   D    
Common Stock   1/15/2016     M    3970   A $25.18   1160923   D    
Common Stock   1/15/2016     M    3508   A $28.495   1164431   D    
Common Stock   1/15/2016     M    3880   A $25.765   1168311   D    
Common Stock                  9600   (1) I   By Children  
Common Stock                  27355   I   401(K) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Option   $27.425   1/15/2016     M         7292      (2) 1/9/2017   Common Stock   7292     (3) 0   D    
Stock Option   $24.805   1/15/2016     M         4030      (2) 1/8/2018   Common Stock   4030     (3) 0   D    
Stock Option   $25.18   1/15/2016     M         3970      (2) 1/13/2019   Common Stock   3970     (4) 0   D    
Stock Option   $28.495   1/15/2016     M         3508      (2) 1/12/2020   Common Stock   3508     (4) 0   D    
Stock Option   $25.765   1/15/2016     M         3880      (2) 1/31/2021   Common Stock   3880     (4) 0   D    

Explanation of Responses:
( 1)  The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 2)  The option was fully exercisable.
( 3)  The option was issued pursuant to the Company's 1998 Employee Stock Option Plan.
( 4)  The option was issued pursuant to the Company's 2008 Stock Incentive Plan (as Amended and Restated as of April 15, 2015).

Remarks:
Chairman and CEO

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HUGIN ROBERT J
C/O CELGENE CORPORATION
86 MORRIS AVENUE
SUMMIT, NJ 07901
X
see remarks

Signatures
/s/ Robert J. Hugin ___________________ Robert J. Hugin 1/19/2016
** Signature of Reporting Person Date


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