X0202 3 2007-07-02 0 0001389072 HeartWare LTD ASX:HTW 0001419222 Paz Ramon C/O HEARTWARE, INC. 3351 EXECUTIVE WAY MIRAMAR FL 33025 0 1 0 0 Vice President, Quality Assur. Ordinary Shares 15000 D Option to Purchase 0.15 2015-01-31 Ordinary Shares 10000 D Option to Purchase 0.83 2006-07-25 Ordinary Shares 220000 D The option is exercisable in four equal installments on January 31,2006, 2007, 2008 and 2009, respectively. The exercise price of US$0.15 has been converted from AU$0.20 at the spot rate on the date of grant. The option is exercisable in four equal installments on July 25,2007, 2008, 2009 and 2010, respectively. The exercise price of US$0.83 has been converted from AU$1.10 at the spot rate on the date of grant. /s/ Ramon Paz 2007-11-21