X0203 3 2011-01-28 0 0001063197 TORVEC INC TOVC 0001349193 Clark Wesley 1999 MT. READ BLVD. ROCHESTER NY 14605 1 0 0 0 Stock Option (right to buy) 0.90 2012-01-28 2016-03-15 Common Stock, $.01 par value 250000 D Stock Option (right to buy) 0.90 2011-01-28 2021-01-28 Common Stock, $.01 par value 25000 D At its meeting held on January 26, 2011, the company's board voted to grant Gen. Clark a stock option for 250,000 common shares effective January 28, 2011 at $.90 per share. The option is conditioned upon Cen. Clark serving as a director and vests in four tranches of 62,500 shares on each of the four anniversary dates of January 28, 2011. Gen. Clark must exercise each 62,500 tranche within two and one-half months following the calendar year in which the tranche vests or lose the tranche. At its meeting held on January 26, 2011, the company's board voted to grant Gen. Clark a stock option for 25,000 common shares immediately exercisable at $.90 per share for a period of 10 years. Wesley K. Clark 2011-02-04