X0203 3 2008-09-16 0 0000894237 VISION SCIENCES INC /DE/ VSCI 0001445519 Wolf Katherine C/O VISIONS SCIENCES INC. 40 RAMLAND ROAD SOUTH ORANGEBURG NY 10962 0 1 0 0 Exe. V.P. Corp. Dev. & CFO Incentive Stock Option 3.62 2018-09-16 Common Stock 600000 D Incentive Stock Option 3.62 2018-09-16 Common Stock 200000 D The option vests in four equal installments of 150,000 each, on September 16, 2009, September 16, 2010, September 16, 2011 and September 16, 2012. The option is tied to a milestone, and vests in three installments of 66,667, 66,666 and 66,666 on the first, second and third anniversaries of achieving the milestone. The milestone represents an achievement with respect to specific quantitative or qualitative performance related factors, or factors or criteria involving confidential commercial or business information, the disclosure of which would have an adverse effect on the Company and has therefore been omitted. /s Katherine L. Wolf 2008-09-24