X0202 3 2007-03-12 0 0001050180 PHASE FORWARD INC PFWD 0001296505 Young Martin Andrew C/O PHASE FORWARD INC. 880 WINTER STREET WALTHAM MA 02451 0 1 0 0 VP, Corporate Development Common Stock 5000 D Common Stock 4250 D Stock Option (Right to Buy) 3.00 2001-04-01 2013-09-12 Common Stock 6000 D Stock Option (Right to Buy) 6.00 2004-03-02 2014-03-02 Common Stock 9480 D Stock Option (Right to Buy) 6.30 2015-02-16 Common Stock 34000 D These shares were acquired pursuant to a restricted stock award under the Phase Forward Incorporated 2004 Stock Option and Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 50% of the shares subject to the award on June 6, 2008, 75% on June 6, 2009, and 100% on June 6, 2010. These shares were acquired pursuant to a restricted stock unit award under the Phase Forward Incorporated 2004 Stock Option and Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 50% of the shares subject to the award on February 28, 2009, 75% on February 28, 2010, and 100% on February 28, 2011. This option is exercisable and vests over a four year period at an equal monthly rate of 2.08% beginning on the date listed in the table. This option vests, in full, upon the earlier of seven years from 2/16/05, and, in part, upon the attainment of specified milestones. /s/ Martin Young 2007-03-16