X0202 4 2006-05-02 0 0000706015 FILENET CORP FILE 0001169920 SMITH THEODORE J C/O FILENET CORPORATION 3565 HARBOR BOULEVARD COSTA MESA CA 92626 1 0 0 0 Common Stock 2006-05-02 4 M 0 7350 14.19 A 7350 D Common Stock 2006-05-02 4 S 0 7350 27.6463 D 0 D Common Stock 207 I By Family Trust Employee Stock Option (right to buy) 14.19 2006-05-02 4 M 0 7350 0 D 2007-12-10 Common Stock 7350 0 D The options vest in four (4) equal annual installments commencing December 11, 1998. /s/Philip C. Maynard as Attorney-in-Fact for Theodore J. Smith 2006-05-04