X0202 3 2005-11-08 0 0000827809 QLT INC/BC QLTI 0001344140 Wattier Daniel J C/O QLT INC. 887 GREAT NORTHERN WAY VANCOUVER A1 V5T 4T5 BRITISH COLUMBIA, CANADA 0 1 0 0 Vice President, Marketing Employee Stock Option (right to buy) 28.96 2005-12-15 Common Shares 1000 D Employee Stock Option (right to buy) 25.95 2006-02-07 Common Shares 5000 D Employee Stock Option (right to buy) 20.39 2006-07-16 Common Shares 5000 D Employee Stock Option (right to buy) 14.98 2007-04-23 Common Shares 3500 D Employee Stock Option (right to buy) 7.96 2008-02-04 Common Shares 4000 D Employee Stock Option (right to buy) 9.08 2008-03-18 Common Shares 2889 D Employee Stock Option (right to buy) 24.75 2009-03-09 Common Shares 6000 D Employee Stock Option (right to buy) 12.45 2010-03-08 Common Shares 5000 D Grant price reported in U.S. dollars based on 12:00 noon buying rate of the Federal Reserve Bank of New York on date of grant. Option vests and becomes exercisable in 36 equal installments from the date of grant. /s/ Janet Grove, as Attorney in Fact 2005-11-10