4 2003-05-23 1 0000721237 NOBEL LEARNING COMMUNITIES INC NLCI 0001226980 ZOBEL ROBERT E 1 1 0 0 Vice Chairman,Corp Affairs, CF Common Stock 1988-09-17 4 P 0 4000 0 A 4000 D Common Stock 1998-09-17 4 P 0 400 0 A 400 I Custodial Accounts for children, wife is sole custodian Common Stock 2000-04-30 4 P 0 600 0 D 600 I In custodial accounts for children of reporting person who disclaims beneficial ownership of these Director/Employee Stock Option (right to buy) 1999-11-19 2009-11-19 4 A 0 1561 8.125 A 1561 D Director/Employee Stock Option (right to buy) 2000-09-28 2010-09-28 4 A 0 5000 8.875 A 5000 D Director/Employee Stock Option (right to buy) 2002-02-21 2012-02-21 4 A 0 40000 5.85 A 40000 D Director/Employee Stock Option (right to buy) 2002-02-21 2002-02-21 4 A 0 25000 5.85 A 25000 D Series A Preferred Stock 1993-08-25 4 P 0 16000 0 A 4704 I By partnership of which the reporting person is a general partner. Disclaim beneficial ownership of 400 shares in custodial account 4J(2) execution date for 600 shares common stock disposed Stock Options granted pursuant to the 1995 Stock Incentive Plan Gift of stock to custodial accounts for children of the reporting person The Reporting Person disclaims beneficial ownership of these shares. Robert E. Zobel 2003-05-27