X0202 4 2004-06-03 0 0000949371 I2 TELECOM INTERNATIONAL INC ITUI 0001289521 King Fenn 301 YAMATO ROAD SUITE 2112 BOCA RATON FL 33431 0 1 0 0 Senior Vice President Stock Option (Right to Buy) 0.7900 2004-03-22 4 A 0 35000.0000 A 2008-03-22 common stock 35000.0000 35000.0000 D Stock option was originally granted on March 22, 2004, but the exercisability thereof was subject to the increase in the authorized number of shares of Common Stock which occurred on June 3, 2004. Stock option becomes exercisable with respect to 25% of the underlying securities on each of 3/22/2005, 3/22/2006, 3/22/2007 and 3/22/2008. Stock option was granted pursuant to a compensation arrangement. Fenn King 2004-06-03