X0201 4 2004-02-02 0000837991 VISX INC EYE 0001206971 DAVILA ELIZABETH H C/O VISX, INCORPORATED 3400 CENTRAL EXPRESSWAY SANTA CLARA CA 95051 1 1 0 0 Chief Executive Officer Common Stock 2004-02-02 4 M 0 14400 5.6563 A 45545 D Common Stock 2004-02-02 4 S 0 14400 20.00 D 31145 D Common Stock 2004-02-03 4 M 0 25600 5.6563 A 56745 D Common Stock 2004-02-03 4 S 0 25600 20.0007 D 31145 D Stock Option (Right to Buy) 5.6563 2004-02-02 4 M 0 14400 0 D 2008-02-11 Common Stock 14400 121600 D Stock Option (Right to Buy) 5.6563 2004-02-03 4 M 0 25600 0 D 2008-02-11 Common Stock 25600 96000 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2003. Stock option granted under the VISX, Incorporated 1995 Stock Plan, which is a Rule 16b-3 plan. The reporting person exercised 14,400 shares of the 181,860 shares that were granted on February 11, 1998. This option is exercisable upon vesting, and 25% of the shares subject to the option vest upon the first anniversary of the grant and 1/48th of the shares subject to the option vest at the end of each full month thereafter for 36 months. Stock option granted under the VISX, Incorporated 1995 Stock Plan, which is a Rule 16b-3 plan. The reporting person exercised 25,600 shares of the 181,860 shares that were granted on February 11, 1998. This option is exercisable upon vesting, and 25% of the shares subject to the option vest upon the first anniversary of the grant and 1/48th of the shares subject to the option vest at the end of each full month thereafter for 36 months. Elizabeth H. Davila 2004-02-04