X0202 3 2002-09-26 0 0000796124 ELDORADO ARTESIAN SPRINGS INC eldo 0001403942 Janssen Kathy 1783 DOGWOOD STREET LOUISVILLE CO 80027 0 1 0 0 vice president Employee Stock Options 2.75 1998-05-22 2008-05-22 Common Stock 100000 D These options vest based on the following schedule: 11,000 on May 22, 1998; 7,000 on May 1, 1999; 8,000 on May 1, 2000; 9,000 on May 2 ,2001; 11,000 on May 1, 2002; 12,000 on May 1, 2003; 13,000 on May 1, 2004; 14,000 on May 1, 2005 and 15,000 on May 1, 2006. Kathy Janssen 2007-06-22