X0202 4 2004-10-26 0 0001080866 BANKRATE INC RATE 0001100613 EVANS THOMAS R 11 EAST 44TH STREET SUITE 1200 NEW YORK NY 10017 1 1 0 0 President & CEO Employee Stock Option 10.01 2004-10-26 4 A 0 500000 0 A 2009-10-26 2009-10-26 Common stock 500000 1125000 D If at any point during the term of the option the fair market value of Bankrate, Inc.'s common stock is at or above the following thresholds for ninety consecutive trading days, then the vesting of the option shall accelerate as follows: $20.00 -100,000 shares; $22.50 - 50,000 shares; $25.00 - 75,000 shares; $27.50 - 50,000 shares; $30.00 - 75,000 shares; $32.50 - 75,000 shares; $35.00 - 75,000 shares. Thomas R. Evans 2004-10-28