X0202 4 2006-08-18 0 0000840256 VINEYARD NATIONAL BANCORP VNBC 0001213563 ALVAREZ FRANK 1260 CORONA POINTE COURT C/O CORPORATE SERVICES CORONA CA 92879 1 0 0 0 Common Stock 2006-08-18 4 S 0 1640 27.703 D 203808 D Stock Option 2.948 2003-01-01 2007-11-12 Common Stock 5126 5126 D Restricted Stock Grant Common Stock 1500 1500 D Stock Option 4.082 2002-06-26 2007-11-12 Common Stock 55125 55125 D Shares shall become unrestricted and fully vested upon completion of the vesting schedule. Prior to being fully vested, the "fair market value" can be determined by taking, the average of the highest and lowest market prices of the Common Stock, on any given date(s), as reported on the Nasdaq National Market for such date(s). (section 2.9 of the Plan Document) Restricted Grant vests in three equal annual installments beginning on 02/06/2007. Grants of restricted shares are subject to the terms and conditions set forth in the Restricted Share Plan and Agreement. The Plan itself will terminate on such date as ten years from the date the first Award is granted, except with respect to awards then outstanding. (section 4.1 and 6.1 of the Plan Document) /s/ Terra Newcomer Hagel as power of attorney for Frank Alvarez 2006-08-22