X0202 4 2006-02-24 0 0000355777 LOJACK CORP LOJN 0001237147 MULLINS KEVIN M C/O LOJACK CORPORATION 200 LOWDER BROOK DR., SUITE 1000 WESTWOOD MA 02090 0 1 0 0 Sr. VP & GM - Sales Common Stock 2006-02-24 4 A 0 4200 0 A 11200 D Common Stock 2006-02-24 4 A 0 2400 0 A 13600 D Employee Stock Option (right to buy) 22.18 2006-02-24 4 A 0 2600 A 2013-02-24 Common Stock 2600 2600 D These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. These shares vest on the third anniversary of the date of grant, which was February 24, 2006. These shares vest on the second anniversary of the date of grant, which was February 24, 2006, if LoJack Corporation meets an operating income target. These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The employee stock options vest in four equal annual installments commencing on the first anniversary of the date of grant, which was February 24, 2006. The exercise price is reported in column 2. /s/ Kevin M. Mullins 2006-02-28