X0202 4 2005-12-30 0 0000894237 VISION SCIENCES INC /DE/ VSCI 0001217421 HADANI RON 417 RUTLAND AVE TEANECK NJ 07666 1 1 0 0 CEO non-qualified stock option 1.04 2005-12-30 4 D 0 1200000 1.04 D 2003-12-31 2013-06-06 common stock par value $.01 per share 1200000 400000 D non-qualified stock option 1.04 2005-12-30 4 A 0 480000 1.04 A 2003-12-31 2013-06-06 common stock par value $.01 per share 480000 880000 D non-qualified stock option 1.09 2005-12-30 4 A 0 720000 1.09 A 2005-12-31 2013-06-06 common stock par value $.01 per share 720000 1600000 D The reporting person agreed to the amendment of an original option granted on June 6, 2003, and the grant of a new option. The original option was amended to be for only the shares that had vested as of Dec 31, 2004, at the original option price. The new option is for the shares of the original option that vest after Dec 31, 2004, at an option price of $1.09, the fair market value at June 6, 2003. The purpose is to comply with IRC Section 409A. Ron Hadani 2006-02-09