X0201 4 2004-03-22 0 0001035656 PLUMTREE SOFTWARE INC PLUM 0001284499 POLLACK IRA 500 SANSOME STREET SAN FRANCISCO CA 94111 0 1 0 0 V.P. of World Wide Sales Option to Purchase Common Stock (Right to buy) 4.05 2004-03-22 4 A 0 200000 A 2014-03-21 Common Stock 200000 200000 D Option to Purchase Common Stock (Right to buy) 4.05 2004-03-22 4 A 0 200000 A 2014-03-21 Common Stock 200000 200000 D Shares subject to the option shall vest at the rate of 25% on March 22, 2005 and 1/48 of the total number of shares subject to the option each month thereafter. Not applicable. The option becomes fully exercisable on March 22, 2008. However, if, at any time, 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, then 50,000 shares shall vest; $18, then 40,000 shares shall vest; $25, then 40,000 shares shall vest; $35, then 40,000 shares shall vest; and $45, then 30,000 shares shall vest. /s/ Kurt Berney, Attorney-in-fact 2004-03-22