X0201 4 2004-02-11 0000030140 DREXLER TECHNOLOGY CORP DRXR 0001199512 WALKER WALTER F C/O DREXLER TECHNOLOGY CORPORATION 1077 INDEPENDENCE AVENUE MOUNTAIN VIEW CA 94043 1 0 0 0 Common Stock 2004-02-11 4 P 0 8000 15.8398 A 25250 D Stock Options (Right to buy) 9.0938 2001-05-27 2009-05-27 Common Stock 15000 15000 D Stock Options (Right to buy) 16.6875 2000-09-22 2010-09-22 Common Stock 4000 4000 D Stock Options (Right to buy) 13.125 2001-09-21 2011-09-21 Common Stock 6000 6000 D Stock Options (Right to buy) 15.34 2002-09-27 2012-09-27 Common Stock 6000 6000 D Stock Options (Right to buy) 16.625 2003-10-10 2013-10-10 Common Stock 6000 6000 D 25,250 shares are held directly by Walter F. Walker, and 1,000 shares are held indirectly by his spouse. Pursuant to Rule 16a-1(a)(4), reporting person disclaims beneficial ownership of such shares held by his spouse. Option is exercisable in cumulative increments of one-third (1/3) each at the end of 24 months, 36 months, and 48 months from date granted. The date indicated above is the date upon which the first increment became exercisable. Walter F. Walker 2004-02-13