X0304 4 2011-09-20 0 0001002811 KENSEY NASH CORP KNSY 0001441086 Rauth James T KENSEY NASH CORPORATION 735 PENNSYLVANIA DRIVE EXTON PA 19341 0 1 0 0 VP of Operations Common Stock 1729 D Stock Appreciation Right 25.64 2011-09-20 4 A 0 11500 0.00 A 2018-09-20 Common Stock 11500 11500 D The stock appreciation right will be settled in cash only. Subject to the provisions of the award agreement and the plan under which it was issued, these Stock Appreciation Rights will vest in three equal annual installments on September 20, 2012, September 20, 2013 and September 20, 2014. /s/James T. Rauth, P.E. 2011-09-22