X0202 4 2007-09-11 0 0001316645 American Caresource Holdings, Inc. XSI 0001334904 Phillips Steven M C/O AMERICAN CARESOURCE HOLDINGS, INC. 8080 TRISTAR DRIVE IRVING TX 75063 0 1 0 0 Principal Accounting Officer Common Stock 2007-09-11 2007-09-11 4 S 0 3500 2.1554 D 3194 D Employee Stock Option .3112 2007-09-11 4 M 0 3500 A 2015-05-15 Common Stock 3500 3194 D The options were awarded on May 16, 2005 as a grant of options under the American CareSource Holdings, Inc. 2005 Stock Option Plan. 25% of the grant vested as of June 30, 2005 and were immediately exercisable. An additional 25% of the grant vested on June 30, 2006 and another 25% vested on June 30, 2007. The remaining unvested 25% of the grant will vest on June 30, 2008. Such options have an expiration date of May 15, 2015. Steven Phillips 2007-09-11