X0203 3 2010-08-25 0 0001373980 Heelys, Inc. HLYS 0001497136 NEBLETT GLENN M. 12900 PRESTON ROAD SUITE 700 DALLAS TX 75230 1 0 1 0 Common Stock 9317310 I By Capital Southwest Venture Corporation The reporting person disclaims beneficial ownership of these securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or any other purpose. Glenn M. Neblett 2010-08-27