X0203 3 2008-09-15 0 0000721237 NOBEL LEARNING COMMUNITIES INC NLCI 0001444892 Race Susan W C/O NOBEL LEARNING COMMUNITIES INC 1615 WEST CHESTER PIKE, SUITE 200 WEST CHESTER PA 193826223 0 1 0 0 SVP Education Employee Stock Option (right to buy) 15.265 2015-09-15 Common Stock 20000 D Stock options granted pursuant to the 2004 Omnubus Incentive Equity Compensation Plan. Stock options vest in three annual installments with the first installment vesting on September 15, 2009. Susan W. Race 2008-09-15