X0201 4 2003-08-01 0 0000076174 PARADYNE NETWORKS INC PDYN 0001217586 FRANTZ EUGENE C/O TEXAS PACIFIC GROUP 345 CALIFORNIA STREET, SUITE 3300 SAN FRANCISCO CA 94104 1 0 0 0 Stock Option (right to purchase) 1.90 2003-08-01 4 A 0 10000 A 2003-08-01 2013-07-31 Common Stock 10000 10000 D Grant of options for service on the board of directors of the Issuer by the Reporting Person. (2) Richard A. Ekleberry is signing on behalf of Mr. Frantz pursuant to an authorization and designation letter dated July 14, 2003, which was previously filed with the Securities and Exchange Commission. Richard A. Ekleberry on behalf of Eugene J. Frantz (2) 2003-08-04