Richard Reichow

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

 

 

 

 

 

Incara Pharmaceuticals Corporation


(Name of Issuer)

 

 

Common Stock


(Title of Class of Securities)

 

 

45324E103


                                (CUSIP Number)                                

 

 

August 28, 2003


(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 



  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            Richard W. Reichow

   

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

 

Not Applicable

(a)  ¨

(b)  ¨

   

  3.  

SEC Use Only

 

   

  4.  

Citizenship or Place of Organization

 

            United States

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                833,819


  6.    Shared Voting Power

 

                0


  7.    Sole Dispositive Power

 

                833,819


  8.    Shared Dispositive Power

 

                0


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            833,819

   

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

            Not Applicable

 

¨

   

11.  

Percent of Class Represented by Amount in Row (9)

 

            5.7%

   

12.  

Type of Reporting Person (See Instructions)

 

            IN

   


 

Item 1(a)   Name of Issuer
    Incara Pharmaceuticals Corporation
Item 1(b)   Address of Issuer’s Principal Executive Offices
   

79 T.W. Alexander Dr., 4401 Research Commons, Suite 200, P.O. Box 14287,

Research Triangle Park, NC 27709-4287

Item 2(a)   Name of Person Filing
    Richard W. Reichow
Item 2(b)   Address of Principal Business Office, or, if None, Residence
   

79 T.W. Alexander Dr., 4401 Research Commons, Suite 200, P.O. Box 14287,

Research Triangle Park, NC 27709-4287

Item 2(c)   Citizenship
    United States
Item 2(d)   Title of Class of Securities
    Common Stock
Item 2(e)   CUSIP Number
   

45324E103

Item 3.   Filing Pursuant to Rules 13d-1(b) or 13d-2(b)
    Not Applicable
Item 4.   Ownership
   

(a)    As of August 28, 2003, Mr. Reichow beneficially owned an aggregate of 833,819 shares of the Issuer’s Common Stock which includes (i) 393,886 shares owned (of which, 72,917 shares are unvested shares of restricted stock) by Mr. Reichow, (ii) 436,093 shares issuable upon exercise of options held by Mr. Reichow and (iii) 3,840 shares issuable upon exercise of warrants held by Mr. Reichow.

 

(b)    Percent of class: 5.7%

 

(c)    Number of shares as to which such person has:

 

 

 

 

 

 

 

 

 

 

(  

 


 

    

(i)     Sole power to vote or to direct the vote: 833,819

(ii)    Shared power to vote or to direct the vote: 0

(iii)  Sole power to dispose or to direct the disposition of: 833,819

(iv)   Shared power to dispose or to direct the disposition of: 0

 

Item 5.    Ownership of Five Percent or Less of a Class
     Not Applicable
Item 6.    Ownership of More than Five Percent on Behalf of Another Person
     Not Applicable
Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
     Not Applicable
Item 8.    Identification and Classification of Members of the Group
     Not Applicable
Item 9.    Notice of Dissolution of Group
     Not Applicable
Item 10.    Certification
     Not Applicable

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

August 29, 2003


Date

 

 

/s/    RICHARD W. REICHOW   


Richard W. Reichow