X0101 42003-06-24 0000889930 OVERLAND STORAGE INC OVRL 0001243483 MATZE JOHN E G 0100VP and CTOEmployee Stock Option (right to buy)20.132003-06-244A0100000A2004-06-242013-06-24Common Stock1000010000DThe option vests over a three-year period with one-third vesting on 06/24/04 and the remaining two-thirds vesting monthly over the next 24 months.John E. G. Matze2003-06-26