Edgar Filing: MCKINLEY ROY

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0104

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January 31, 2005

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â MCKINLEY ROY

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2005

3. Issuer Name and Ticker or Trading Symbol
CURATIVE HEALTH SERVICES INC [CURE]

(Last)

(First)

(Middle)

C/O CURTIVE HEALTH SERVICES INC,Â 150 MOTOR PARKWAY

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
SVP

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

HAUPPAUGE,Â NYÂ 11788

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	55,278	D	Â
Common Stock	1,579	I	By 401(K) Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Incentive Stock Option ⁽¹⁾	05/30/1996⁽¹⁾	05/30/2006	Common Stock	167	$ 24.875	D	Â
Incentive Stock Option ⁽¹⁾	02/21/1997⁽¹⁾	02/21/2007	Common Stock	1,458	$ 26.25	D	Â
Incentive Stock Option ⁽¹⁾	07/06/1998⁽¹⁾	07/06/2008	Common Stock	9,000	$ 28	D	Â
Incentive Stock Option ⁽¹⁾	05/31/2000⁽¹⁾	05/31/2010	Common Stock	17,000	$ 5.406	D	Â
Incentive Stock Option ⁽¹⁾	10/31/2000⁽¹⁾	10/31/2010	Common Stock	19,998	$ 5.5	D	Â
Incentive Stock Option ⁽¹⁾	12/22/2000⁽¹⁾	12/22/2010	Common Stock	13,750	$ 5.5563	D	Â
Incentive Stock Option ⁽²⁾	03/05/2003⁽²⁾	03/05/2013	Common Stock	5,000	$ 16.82	D	Â
Incentive Stock Option ⁽³⁾	06/03/2003⁽³⁾	06/03/2013	Common Stock	500	$ 14.74	D	Â
Incentive Stock Option ⁽²⁾	02/05/2004⁽²⁾	02/05/2014	Common Stock	15,000	$ 13.62	D	Â
Total Incentive Stock Options ⁽⁴⁾	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	81,873	$ 0	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MCKINLEY ROY C/O CURTIVE HEALTH SERVICES INC 150 MOTOR PARKWAY HAUPPAUGE,Â NYÂ 11788	Â	Â	Â SVP	Â

Signatures

Nancy F. Lanis, Attorney in Fact for R. McKinley		01/05/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Currently 100% vested.
(2)	Incentive Stock Option granted pursuant to Curative Health Services, Inc. 2000 Stock Incentive Plan. The option shall not be exercisable, in whole or in part, prior to the one-year anniversary of the grant date (the "Exercisability Date"), at which time the option shall become exercisable with respect to one-third of the shares and, thereafter, shall become exercisable with respect to the balance of the shares in equal installments on the last day of each of the eight successive three-month periods following the Exercisability Date.
(3)	Incentive Stock Option granted pursuant to Curative Health Services, Inc. 2000 Stock Incentive Plan. The option shall be exercisable immediately, in whole or in part, on the date of the grant.
(4)	Total Incentive Stock Options held as of reporting date.

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