X0202 4 2007-06-25 0 0000813562 NATIONAL MEDICAL HEALTH CARD SYSTEMS INC NMHC 0001230214 ANGOWITZ GERALD C/O NATIONAL MEDICAL HEALTH CARD SYSTEMS 26 HARBOR PARK DRIVE PORT WASHINGTON NY 11050 1 0 0 0 Restricted Stock 2007-06-25 4 A 0 3000 0 A 3000 D Option to purchase common stock 15.99 2007-06-25 4 A 0 5000 0 A 2014-06-25 Common stock 5000 5000 D This grant of restricted stock is subject to four year "cliff" vesting and acceleration upon a change in control of the Issuer. The options vest over four years at a rate of 25% of the total shares on the anniversary of the date of grant, so long as the non-employee director remains a director or consultant. The options have a seven year term and will terminate 90 days after the date the non-employee director ceases to be a director or consultant or 12 months after such date if the termination of service was due to death or disability. /s/ Angowitz Gerald 2007-06-26