X0201 4 2003-12-18 0 0001094739 FINISAR CORP (FNSR) 0001273984 BUSE DAVE 1308 MOFFETT PARK DRIVE SUNNYVALE CA 940891133 0 1 0 0 Sr. VP Sales & Marketing Employee Stock Options 12/18/03 (Right to Buy) 2.80 2003-12-18 4 A 0 400000 0 A 2004-12-15 2013-12-18 Common Stock 400000 400000 D The option is exercisable when vested. The option vests 20% on 12/15/04 and 20% each anniversary of that date until fully vested. /s/ Buse, David 2003-12-22