4 2003-05-23 0 0001141103 CROSS COUNTRY HEALTHCARE INC CCRN 0001162521 WESTFALL CAROL D 0 1 0 0 President, Search Division Common Stock 2003-05-23 4 X 0 3253 7.75 A 19362 D Employee Stock Option (right to buy) 7.75 2003-05-23 4 X 0 3253 7.75 D 2001-12-16 2009-12-16 Common Stock 3253 28769 D The option is subject to the vesting schedule set forth in the Amended and Restated Cross Country, Inc. 1999 Stock Option Plan. The option is immediately exercisable as to 3,253 shares. The option will be exercisable as to 6,878 shares as of December 16, 2003. After this transaction, the option will be not be immediately exercisable and will be exercisable as to 3,625 shares as of December 16, 2003. On December 16, 1999 an option was granted to purchase 19,144 shares under the Amended and Restated Cross Country, Inc. 1999 Equity Participation Plan. Pursuant to the Amended and Restated Cross Country, Inc. 1999 Equity Participation Plan. The option is immediately exercisable as to 14,358 shares and will be exercisable as to 16,751 shares as of June 16, 2003 and 19,144 shares as of December 16, 2003. On April 11, 2003 an option was granted for 14,000 shares of Common Stock pursuant to the Amended and Restated Cross Country 1999 Stock Option Plan. The exercise price for such options is $10.38 and expires on April 11, 2013. The option vests in four equal installments beginning on April 11, 2004. /s/ Carol Westfall 2003-05-23