X0303 4 2009-01-02 0 0000945764 DENBURY RESOURCES INC DNR 0001227701 STEIN RANDY I 1670 BROADWAY SUITE 2800 DENVER CO 80202 1 0 0 0 Common Stock 2009-01-02 4 A 0 5641 0 A 53303 D SAR (Payable in Stock) 12.97 2009-01-02 4 A 0 6489 0 A 2010-01-02 2016-01-02 Common Stock 6489 6489 D These restricted shares will vest 100% on January 2, 2010. In addition to the foregoing vesting provisions, all of these shares will vest upon a change of control of the issuer. Mark Allen - Per Confirming Statement 2009-01-06