X0202 4/A 2002-04-01 2002-05-10 0 0001095276 WHITNEY INFORMATION NETWORK INC RUSS 0001218340 WHITNEY RUSSELL A WHITNEY INFORMATION NETWORK, INC. 1612 E. CAPE CORAL PARKWAY CAPE CORAL FL 33904 1 1 1 0 Chairman of the Board Employee stock options (right to buy) 1.81 2002-04-01 4 A 0 75000 0 A 2002-04-01 2012-03-31 Common Stock 75000 75000 I By Spouse Employee stock options (right to buy) 1.81 2002-04-01 4 A 0 15000 0 A 2002-04-01 2012-03-31 Common Stock 15000 15000 I By Daughter Employee stock options (right to buy) 1.81 2002-04-01 4 A 0 1000 0 A 2002-04-01 2012-03-31 Common Stock 1000 1000 I By Son The year in which the grant occurred was reported in the Original Form 4 as April 1, 2001. The grant date was April 1, 2002. The employee stock options were granted pursuant to the issuer's 1998 Stock Option Plan. The vesting schedule therefor is as follows: 25% on grant date; an additional 25% after one year elapsed from grant date; an additional 25% after two years elapsed from grant date; and the final 25% after three years elapsed from grant date. The year in which the grant occurred was reported in the Original Form 4 as April 1, 2001. The grant date was April 1, 2002. The employee stock options were granted pursuant to the issuer's 1998 Stock Option Plan. The vesting schedule therefor is as follows: 25% on grant date; an additional 25% after one year elapsed from grant date; an additional 25% after two years elapsed from grant date; and the final 25% after three years elapsed from grant date. The year in which the grant occurred was reported in the Original Form 4 as April 1, 2001. The grant date was April 1, 2002. The employee stock options were granted pursuant to the issuer's 1998 Stock Option Plan. The vesting schedule therefor is as follows: 25% on grant date; an additional 25% after one year elapsed from grant date; an additional 25% after two years elapsed from grant date; and the final 25% after three years elapsed from grant date. This Form 4/A amends a Form 4 filed by the Reporting Person on May 10, 2002 (the "Original Form 4"), by amending the Transaction Dates of grants of: 75,000 employee stock options to the Reporting Person's spouse, Ingrid Whitney;15,000 employee stock options to the Reporting Person's daughter; and 1,000 employee stock options to the Reporting Person's son. /s/ Russell A Whitney 2008-05-22