X0202 4 2007-06-07 0 0001354217 Volcano CORP VOLC 0001039931 FERRER CARLOS A FERRER FREEMAN THOMPSON & CO LLC THE MILL 10 GLENVILLE ST GREENWICH CT 06831 1 0 0 0 Stock Option (right to buy) 21.07 2007-06-07 4 A 0 8000 0 A 2014-06-07 Common Stock 8000 8000 D The option vests over twelve months in twelve equal monthly installments beginning on July 7, 2007. The reporting person is the managing member of FFC GP II, LLC, which is the general partner of FFC Partners II, L.P. Under the FFC Partners II, L.P. Limited Partnership Agreement, the reporting person is deemed to hold the reported option for the benefit of FFC Partners II, L.P. FFC Partners II, L.P. may be deemed to be the indirect beneficial owner of the option, and the reporting person may be deemed to be the indirect owner of the option through his indirect interest in FFC Partners II, L.P. The reporting person is member of the board of directors of the issuer. The reporting person disclaims beneficial ownership of the securities of the issuer reported herein except to the extent of his pecuniary interest therein. /s/ Thomas J. Flynn, Attorney-in-Fact 2007-06-11