X0201 42003-10-03 0000030140 DREXLER TECHNOLOGY CORP DRXR 0001201233 DYBALL CHRISTOPHER J C/O DREXLER TECHNOLOGY CORPORATION 1077 INDEPENDENCE AVENUE MOUNTAIN VIEW CA 94043 1100Co-Chief Executive OfficerCommon Stock2003-10-035J07569.96A7644DStock Options (Right to buy)12.6251998-09-202006-09-20Common Stock2100021000DStock Options (Right to buy)13.06251999-02-212007-02-21Common Stock1500015000DStock Options (Right to buy)10.751999-09-192007-09-19Common Stock3670036700DStock Options (Right to buy)14.752000-06-022008-06-02Common Stock1500015000DStock Options (Right to buy)10.90632000-09-152008-09-15Common Stock2000020000DStock Options (Right to buy)11.15632000-09-252008-09-25Common Stock3000030000DStock Options (Right to buy)16.68752001-09-222010-09-22Common Stock3000030000DStock Options (Right to buy)13.1252002-09-212011-09-21Common Stock3000030000DStock Options (Right to buy)17.6752003-06-062012-06-06Common Stock5000050000DExempt transaction under Rule 16b-3(c): acquisition of shares through Drexler Technology Corporation's Employee Stock Purchase Plan.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 becomes exercisable.Option is exercisable in cumulative increments of one-fourth (1/4) each at the end of 12 months, 24 months, 36 months, and 48 months from date granted. The date indicated above is the date upon which the first increment becomes exercisable.Christopher J. Dyball2003-10-10