X0201 4 2004-03-18 0 0000865917 VERSANT CORP VSNT 0001262321 MAY HERBERT JOHANNISTRASSE 20 BERLIN 2M 10117 1 0 0 0 Non-Qualified Stock Option (right to buy) 0.51 2004-03-18 4 A 0 56000 0 A 2005-12-01 2012-12-17 Common Stock 56000 56000 D Non-Qualified Stock Option (right to buy) 0.55 2004-03-18 4 A 0 14000 0 A 2006-06-11 2012-06-11 Common Stock 14000 14000 D Non-Qualified Stock Option (right to buy) 1.04 2004-03-18 4 A 0 14000 0 A 2005-07-10 2011-07-10 Common Stock 14000 14000 D Non-Qualified Stock Option (right to buy) 12.22 2004-03-18 4 A 0 28000 0 A 2010-11-01 Common Stock 28000 28000 D Options received upon the assumption and conversion of outstanding Poet Holdings, Inc. ("Poet") stock options pursuant to the merger of Puma Acquisition, Inc., a wholly-owned subsidiary of Versant Corporation (Versant), into Poet. Stock options were assumed and converted at the conversion rate of 1.40 shares (options) of Versant common stock for one share of Poet common stock. A proportional adjustment was made to the option exercise price. Options received upon the assumption and conversion of outstanding Poet stock options pursuant to the Merger. Stock options were assumed and converted at the conversion rate of 1.40 shares (options) of Versant common stock for one share of Poet common stock. A proportional adjustment was made to the option exercise price. Option vests as to 25% on 11/1/01 and 25% annually thereafter until 11/1/04 when option is vested in full. By: R. Steckhahn as Power of Attorney For: Herbert May 2004-03-22