X0303 4 2009-04-01 0 0000911650 NAVARRE CORP /MN/ NAVR 0001333924 St Marie Richard Gary 7400 49TH AVE. N. NEW HOPE MN 55428 1 0 0 0 Stock Option (right to buy) 0.44 2009-04-01 4 A 0 6000 0.00 A 2010-04-01 2019-03-31 Common Stock 6000 6000 D Director nonqualified stock option covering 6,000 shares of Common Stock granted pursuant to the formula terms contained in the Company's 2004 Stock Plan, as approved by the shareholders, and exercisable in three annual installments of 2,000 shares each on April 1, 2010, 2011 and 2012. /s/ Richard Gary St. Marie 2009-04-03