X0202 4 2006-05-09 0 0001318310 ev3 Inc. evvv 0001296525 Spangler Patrick D C/O EV3 INC. 9600 54TH AVENUE NORTH, SUITE 100 PLYMOUTH MN 55442 0 1 0 0 CFO and Treasurer Common Stock 0 D Employee Stock Option (right to buy) 16.05 2006-05-09 4 A 0 25000 0 A 2016-01-19 Common Stock 25000 25000 D The option grant was approved by ev3's Compensation Committee on January 20, 2006, subject to stockholder approval of the ev3 Inc. Amended and Restated 2005 Stock Incentive Plan under which the option was granted. ev3's stockholders approved the amended and restated plan on May 9, 2006. This option becomes exercisable as to 1/4 of the shares on January 20, 2007 and 1/36 of the remaining shares vest and become exersisable each month thereafter for 36 months. Patrick D. Spangler 2006-05-08