X0203 3 2008-10-23 0 0000709804 ADAPTEC INC ADPT 0001449092 Noellert John 691 SOUTH MILPITAS BLVD. MILPITAS CA 95035 0 1 0 0 VP, Worldwide Sales Common Stock 91615 D Incentive Stock Option (right to buy) 3.78 2008-11-04 2015-08-04 Common Stock 46611 D Non-Qualified Stock Option (right to buy) 3.78 2008-11-04 2015-08-04 Common Stock 3389 D Incentive Stock Option (right to buy) 4.24 2006-09-14 2013-06-14 Common Stock 15000 D Incentive Stock Option (right to buy) 4.48 2007-02-13 2013-11-13 Common Stock 7000 D Incentive Stock Option (right to buy) 5.75 2006-12-15 2012-12-15 Common Stock 25000 D A total of 50,000 stock options were granted on 8/4/2008, of which 46,611 are Incentive Stock Options and 3,389 are Non-Qualified Stock Options. The aggregate of these options vest at the rate of 8.33% of the total option shares at the end of each three month period, such that the total option shares will be fully vested on 8/4/2011. A total of 15,000 stock options were granted on 6/14/2006. The aggregate of these options vest at a rate of 8.33% of the total option shares at the end of each three month period, such that the total option shares will be fully vested on 06/14/2009. A total of 7,000 stock options were granted on 11/13/2006. The aggregate of these options vest at a rate of 8.33% of the total option shares at the end of each three month period, such that the total option shares will be fully vested on 11/13/2009. A total of 25,000 stock options were granted on 12/15/2005. The aggregate of these options vest at the rate of 25% on 12/15/2006 and an additional 8.33% of the option shares will vest quarterly thereafter, such that the total option shares will be fully vested on 12/15/2010. By: John Westfield For: John Noellert 2008-10-30