X0202 4 2007-06-07 0 0000718924 SPAN AMERICA MEDICAL SYSTEMS INC SPAN 0001255042 O REAGAN JAMES R 70 COMMERCE CENTER GREENVILLE SC 29615 0 1 0 0 V.P. - R&D & Engineering Stock Option (Right to Buy) 7.97 2007-06-07 4 D 0 2500 D 2003-07-01 2013-02-14 Common Stock 2500.00 0.00 D Stock Option (Right to Buy) 6.18 2007-06-07 4 A 0 3229 A 2003-07-01 2013-02-14 Common Stock 3229.00 3229.00 D Stock Option (Right to Buy) 13.58 2007-06-07 4 D 0 2000 D 2004-07-01 2014-02-11 Common Stock 2000.00 0.00 D Stock Option (Right to Buy) 10.52 2007-06-07 4 A 0 2582 A 2004-07-01 2014-02-11 Common Stock 2582.00 2582.00 D Stock Option (Right to Buy) 11.85 2007-06-07 4 D 0 2000 D 2005-07-01 2015-02-10 Common Stock 2000.00 0.00 D Stock Option (Right to Buy) 12.48 2007-06-07 4 D 0 2000 D 2007-07-01 2016-08-07 Common Stock 2000.00 0.00 D Stock Option (Right to Buy) 9.67 2007-06-07 4 A 0 2583 A 2007-07-01 2016-08-07 Common Stock 2583.00 2583.00 D Stock Option Right to Buy 4.91 2007-06-07 4 D 0 10000 D 2002-07-01 2011-06-21 Common Stock 10000.00 0.00 D Stock Option Right to Buy 3.81 2007-06-07 4 A 0 12916 A 2002-07-01 2011-06-21 Common Stock 12916.00 12916.00 D Stock Option Right To Buy 9.18 2007-06-07 4 A 0 2582 A 2005-07-01 2015-02-10 Common Stock 2582.00 2582.00 D On account of the special dividend paid by the Company on June 6, 2007, adjustments were made to the terms of all stock options outstanding under the Company's equity compensation plans. The adjustments were made in accordance with the terms of the plans and Section 409A of the Internal Revenue Code. By: Richard C. Coggins, POA 2007-06-12