X0202 4 2006-03-06 0 0001077866 LOOKSMART LTD LOOK 0001310571 Everett Bryan C/O LOOKSMART, LTD. 625 SECOND STREET SAN FRANCISCO CA 94107 0 1 0 0 SVP, Sales Non-Qualified Stock Option (right to buy) 4.61 2006-03-06 4 A 0 14592 0 A 2016-03-06 Common Stock 14592 14592 D Transaction voluntarily reported. This performance-vesting stock option may vest up to the total shares subject to the option, assuming certain revenue and operating loss results are attained by the Company for fiscal year 2006, as reflected in the Company's Form 10-K for fiscal year 2006. If such results are attained by the Company, vesting will occur automatically upon the Company's filing of a Form 10-K for fiscal year 2006 with the Commission. Stacey Giamalis, Attorney-in-Fact for Bryan Everett 2006-03-15