Inotiv, Inc. — Director's Dealing 2005

Aug 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOANALYTICAL SYSTEMS INC (BASI)
CIK: 0000720154
Period of Report: 2005-08-01

Reporting Person: CHAIT EDWARD (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-01	Employee Stock Option (Right to Buy)	$5.69	A	25000	Acquired	2015-08-01	Common Shares (25000)	Direct
2005-08-01	Employee Stock Option (Right to Buy)	$5.69	A	25000	Acquired	2015-08-01	Common Shares (25000)	Direct

Footnotes

F1: The option vests in two equal installments on 08/01/2006 and 08/01/2008.

F2: The option vests in two equal installments on 02/01/2006 and 08/01/2006.