X0202 3 2006-05-10 0 0001191857 MOD PAC CORP MPAC 0001362742 Kessler Larry N 1801 ELMWOOD AVENUE BUFFALO NY 14207 0 1 0 0 Vice President - Operations Option 5.392 2007-01-24 2013-01-24 Common Stock 859 D Option 5.392 2008-01-24 2013-01-24 Common Stock 861 D Option 8.44 2006-02-20 2014-02-20 Common Stock 1700 D Option 8.44 2007-02-20 2014-02-20 Common Stock 1700 D Option 8.44 2008-02-20 2014-02-20 Common Stock 1700 D Option 8.44 2009-02-20 2014-02-20 Common Stock 1700 D Option 12.8 2006-01-06 2015-01-06 Common Stock 2500 D Option 11.68 2006-12-21 2015-12-21 Common Stock 3000 D The option vests in five equal annual installments beginning on January 6, 2006. The option vests in five equal annual installments beginning on December 21, 2006. /s/ Larry N. Kessler 2006-05-17