X0202 4 2008-05-30 0 0001135202 EL CAPITAN PRECIOUS METALS INC ECPN 0001319552 WILSON R WILLIAM 1325 AIRMOTIVE WAY, SUITE 276 RENO NV 89502 1 1 0 0 Chief Financial Officer Common Stock 2008-05-30 4 A 0 71054 A 259402 D Stock Options .56 2015-07-21 Common Stock 100000 100000 D Stock Options 0.50 2017-05-07 Common Stock 1000000 1000000 D Stock Options 0.41 2010-06-11 Common Stock 50000 50000 D Stock Options 0.19 2018-03-31 Common Stock 28000 28000 D Shares granted in lieu of salary; issued under the 2005 Stock Incentive Plan, pursuant to Rule 16b-3. 50,000 shares vest on each of 1/1/06 and 1/1/07. The option vests in five 200,000 share increments upon the earlier of certain company milestones or such time that the average closing stock price of the Company's common stock over 30 consecrutive trading days is at or above (i) $0.75 per share; (ii) $1.00 per share; (iii) $1.25 per share; (iv) $1.50 per share; and (v) $1.75 per share, respectively. 25,000 shares vest on each of 1/1/2008 and 1/1/2009, subject to acceleration under certain circumstances. The option vests upon the earlier of certain company milestones and such time that the average closing stock price of the Company's common stock over 10 consecutive trading days is at or above $0.50 per share; Pursuant to Rule 16b-3 (right to buy). /s/ R. William Wilson 2008-06-03