X0202 4 2007-05-24 0 0001027915 HEALTH GRADES INC HGRD 0001368721 Wood Steven C/O HEALTH GRADES, INC. 500 GOLDEN RIDGE ROAD, SUITE 100 GOLDEN CO 80401 0 1 0 0 Executive VP Common Stock 2007-05-24 4 P 0 1600 6.28 A 13750 I By the Steven D. Wood, Barbara L. Wood and the Wood Family Trust Michael J. Shanks, as Attorney-in-fact for Steven Wood 2007-05-25