X0201 42003-09-10 0001036968 VAXGEN INC VXGN 0001217410 GURWITH MARC J C/O VAXGEN, INC. 1000 MARINA BLVD BRISBANE CA 94005 0100Senior Vice PresidentIncentive Stock Option (right to buy)5.502003-09-104A0227215.50A2004-09-102013-09-10Common Stock2272122721DNon-Qualified Stock Option (right to buy)5.502003-09-104A0222795.50A2004-09-102013-09-10Common Stock2227922279D25% of the shares will vest on the first anniversary of the grant date and thereafter, the remainder will vest in equal monthly installments over the next three years. /s/ Carter A. Lee, Attorney-in-Fact for Marc J. Gurwith2003-12-02