<Page> UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) September 20, 2002 ------------------------------- TRIANGLE PHARMACEUTICALS, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) DELAWARE 000-21589 56-1930728 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 4 University Place, 4611 University Drive, Durham, North Carolina 27707 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (919) 493-5980 ----------------------------- - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) <Page> ITEM 5. OTHER EVENTS. On September 20, 2002, Triangle Pharmaceuticals entered into an Amended and Restated Employment Agreement with Chris Rallis, a copy of which is attached hereto as Exhibit 10.1. On September 20, 2002, the stockholders of Triangle Pharmaceuticals approved the Third Amendment to the Triangle Pharmaceuticals, Inc. 1996 Incentive Plan. A copy of the amendment is attached hereto as Exhibit 10.2. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. The following documents are filed as exhibits to this Report: 10.1 Amended and Restated Employment Agreement dated September 20, 2002 between Triangle Pharmaceuticals, Inc. and Chris A. Rallis. 10.2 Third Amendment to Triangle Pharmaceuticals 1996 Incentive Plan. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Triangle Pharmaceuticals, Inc. -------------------------------------------------- (Registrant) September 23, 2002 /s/ Robert F. Amundsen, Jr. - ---------------------------- -------------------------------------------------- Date (Signature) Name: Robert F. Amundsen, Jr. Title: Executive Vice President and Chief Financial Officer 2