X0201 4 2003-08-05 0000812708 WELLMAN INC WLM 0001192124 DEWSBURY MICHAEL E C/O WELLMAN, INC. 595 SHREWSBURY AVENUE SHREWSBURY NJ 07702 0 1 0 0 VP PET Resins Division Stock Option (Right to Buy) 10.44 2003-08-05 4 A 0 35000 A 2004-08-05 2014-08-05 Common Stock 35000 35000 D Grant of option Vesting occurs in installments of 20% annually on the anniversary of the grant date beginning 8/5/2004 Michael Dewsbury 2004-04-16