X0201 42003-06-30 0000798078 NATIONAL LAMPOON INC NLPN 0001267869 SKJODT PAUL 9910 TOWNE ROAD CARMEL, IN 46032 1010Director Stock Option (right to buy)4.502003-06-304A07500A2010-06-30Common Stock75007500DThe option vested with respect to all shares immediately upon grant.Paul Skjodt2003-11-06