X0202 3 2004-08-11 0 0001289340 Stereotaxis, Inc. STXS 0001298788 Bruce Douglas Michael 4041 FOREST PARK AVENUE ST. LOUIS MO 63108 0 1 0 0 Sr. V.P., R & D Common Stock 83333 D Employee Stock Option (right to buy) 4.75 2002-02-19 2012-02-19 Common Stock 48611 D Employee Stock Option (right to buy) 5.94 2003-05-28 2013-05-28 Common Stock 6944 D Employee Stock Option (right to buy) 6.77 2004-01-28 2014-01-28 Common Stock 10416 D These options may be exercised in full immediately upon grant. However, any shares received upon such exercise are subject to repurchase by the Issuer to the extent not vested. The options vest 25% on the first anniversary of the date indicated above and 2.0833% each month thereafter. The options become exercisable 25% on the first anniversary of the grant date and 2.0833% each month thereafter. The date indicated above is the grant date. /s/ Douglas M. Bruce 2004-08-04