X0202 4 2006-01-03 0 0000717238 MSC SOFTWARE CORP MNSC 0001310679 Spivy Gregory P 435 PACIFIC AVENUE, FOURTH FLOOR SAN FRANCISCO CA 94133 1 0 1 0 0001129787 VA PARTNERS LLC 435 PACIFIC AVENUE FOURTH FLOOR SAN FRANCISCO CA 94133 1 0 1 0 Nonqualified Stock Option Award (right to buy) 16.8 2006-01-03 4 A 0 5000 A 2007-01-03 2011-01-03 Common Stock 5000 20000 D Formula grant to non-employee director of nonqualified option to buy common stock under Issuer's 2001 Stock Option Plan. Option grant becomes 100% exercisable on the first anniversary of the date the option was granted. Column 8 is not a required reportable field. Under an agreement with ValueAct Capital Master Fund, L.P., Gregory P. Spivy is deemed to hold the options for the benefit of ValueAct Capital Master Fund, L.P., ValueAct Capital Partners Co-Investors, L.P. and indirectly for VA Partners, LLC as general partner of ValueAct Capital Master Fund, L.P. and ValueAct Capital Partners Co-Investors, L.P. Gregory P. Spivy is a director of MSC.Software. Jeffrey W. Ubben, Peter H. Kamin and George F. Hamel are Managing Members of VA Partners, LLC, the General Partner of ValueAct Capital Master Fund, L.P. and ValueAct Capital Partners Co-Investors, L.P. The reporting persons disclaim beneficial ownership of the reported options except to the extent of their pecuniary interest therein. Name: ValueAct Capital Master Fund, L.P. Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 Name: ValueAct Capital Partners Co-Investors, L.P. Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 Name: VA Partners, L.L.C. Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 Name: George F. Hamel, Jr. Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 Name: Jeffrey W. Ubben Address: 435 Pacific Avenue, Fourth Floor, San Francisco, CA 94133 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 Name: Peter H. Kamin Address: 265 Franklin Street, 16th Floor, Boston, MA 02110 Designated Filer: Gregory P. Spivy Issuer and Ticker Symbol: MSC.Software Corporation (MNSC) Date of Event Requiring Statement: January 3, 2006 By: /s/ Gregory P. Spivy 2006-01-04 VALUEACT CAPITAL MASTER FUND, L.P., BY VA PARTNERS, L.L.C., ITS GENERAL PARTNER By: /s/ George F. Hamel, Jr., Managing Member 2006-01-04 VALUEACT CAPITAL PARTNERS CO-INVESTORS, L.P., BY VA PARTNERS, L.L.C., ITS GENERAL PARTNER By: /s/ George F. Hamel, Jr., Managing Member 2006-01-04 VA PARTNERS, L.L.C. By: /s/ George F. Hamel, Jr., Managing Member 2006-01-04 By: /s/ Jeffrey W. Ubben 2006-01-04 By: /s/ George F. Hamel, Jr. 2006-01-04 By: /s/ Peter H. Kamin 2006-01-04