X0202 4 2006-09-12 0 0000749660 ICAD INC icad 0001362512 Stevens Stacey M C/O ICAD, INC. 4 TOWNSEND WEST, SUITE 17 NASHUA NH 03063 0 1 0 0 Executive VP of Marketing 7.25% Convertible Note 1.7 2006-09-12 4 A 0 50000 50000 A 2006-09-12 2008-09-12 Common Stock 29412 50000 D The number of shares reflected as issuable upon conversion of the note represents shares that may be acquired assuming the entire current principal amount of the note is converted and does note reflect any shares that may be acquired by the holder of the note upon conversion of the note in lieu of the payment of any accrued and unpaid interest on the note. /s/ Annette Heroux, Attorney-in-Fact 2006-09-14