X0201 4 2004-03-16 0 0001035656 PLUMTREE SOFTWARE INC PLUM 0001283918 CIANDRINI PAUL C/O PLUMTREE SOFTWARE, INC. 500 SANSOME STREET SAN FRANCISCO CA 94111 0 1 0 0 Chief Operating Officer Option to Purchase Common Stock (Right to buy) 4.1 2004-03-16 4 A 0 500000 A 2014-03-16 Common Stock 500000 500000 D Option to Purchase Common Stock (Right to buy) 4.1 2004-03-16 4 A 0 500000 A 2014-03-16 Common Stock 500000 500000 D Shares subject to the option shall vest cumulatively at the rate of 1/48 on April 16, 2004 and 1/48 of the shares subject to the option per month thereafter. Not applicable. The option becomes fully exercisable 4 years from the date of grant, if at all, provided that if the daily closing bid price of the company's common stock on the Nasdaq National Market during any 30 consecutive trading day period exceeds $10 (125,000 shares shall vest), $18 (100,000 shares shall vest), $25 (100,000 shares shall vest), $35 (100,000 shares shall vest) and $45 (75,000 shares shall vest). /s/ Kurt Berney, Attorney-in-Fact 2004-03-17