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JOHNSON & JOHNSON Director's Dealing 2004

Jun 15, 2004

29750_dirs_2004-06-14_af67bd2b-c6f2-4b5e-8659-9c936775317a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUNICON CORP (IMMC)
CIK: 0001083132
Period of Report: 2004-06-10

Reporting Person: JOHNSON & JOHNSON (10% Owner)
Reporting Person: JOHNSON & JOHNSON DEVELOPMENT CORP ET AL (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-06-10 Common Stock X 2667 $2.40 Acquired 1771571 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-06-10 Common Stock Warrant Purchase $2.40 X 2667 Disposed 2004-07-14 Common Stock (2667) Indirect

Footnotes

F1: The securities reported as being indirectly beneficially owned by the Reporting Person are directly beneficially owned by Johnson & Johnson Development Corporation ("JJDC"), a wholly-owned subsidiary of the Reporting Person.

F2: Pursuant to the terms of the warrant, the Reporting Persons had 90 days from the date JJDC's director designee resigned from the Issuer's Board of Directors to exercise the warrant as no other director designee was selected by JJDC. JJDC's director designee resigned from the board on April 15, 2004, triggering the 90 day period.