X0303 4 2009-03-31 1 0001375063 SYNTHESIS ENERGY SYSTEMS INC SYMX 0001399621 Eichinger David THREE RIVERWAY SUITE 300 HOUSTON TX 77056 0 1 0 0 SVP and CFO Stock Option 3.00 2009-03-31 4 D 0 1750000 3.00 D 2011-05-30 Common Stock 1750000 100 D Stock Option 0.66 2009-03-31 4 A 0 700000 0.66 A 2009-03-31 2019-03-31 Common Stock 700000 700100 D Stock Option 0.66 2009-03-31 4 A 0 68182 0.66 A 2009-03-31 2019-03-31 Common Stock 68182 768282 D On March 31, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to Mr. Eichinger on May 30, 2006 for a total of 1,750,000 shares. In exchange for the option, Mr. Eichinger received a fully vested option grant to acquire 700,000 shares of common stock. The cancelled option provided for vesting in five equal annual installments on each of May 30, 2006, 2007, 2008, 2009 and 2010. This reflects 100 shares of common stock beneficially owned by Mr. Eichinger. This grant was fully vested upon issuance to Mr. Eichinger. This reflects (i) 100 shares of common stock beneficially owned by Mr. Eichinger and (ii) 700,000 shares vested upon the issuance of the grant decribed in Footnote 4. In satisfaction of his bonus earned during the year ended December 31, 2008, Mr. Eichinger was granted a fully vested option to acquire 68,182 shares of common stock. This grant was fully vested upon issuance to Mr. Eichinger. This reflects (i) 100 shares of common stock beneficially owned by Mr. Eichinger, (ii) 700,000 shares vested upon the issuance of the grant decribed in Footnote 4 and (iii) 68,182 shares vested upon the issuance of the grant described in Footnote 6. /s/ David Eichinger 2009-04-01