0001179110-08-008901 4 1 20080502 20080506 20080506 NETLIST INC 0001282631 3674 954812784 DE 475 GODDARD IRVINE CA 92618 Perrott James Patrick 0001432036 4 34 001-33170 08806469 9494350025 51 DISCOVERY IRVINE CA 92618 4 1 edgar.xml FORM 4 - X0202 4 2008-05-02 0 0001282631 NETLIST INC NLST 0001432036 Perrott James Patrick 51 DISCOVERY IRVINE CA 92618 0 1 0 0 SVP of Sales and Marketing Employee Stock Option (Right to Buy) 1.29 2008-05-02 4 A 0 250000 0 A 2018-05-02 Common Stock 250000 250000 D The option vests with respect to 25% of the underlying shares on April 7, 2009. The remainder of the option vests in 36 equal monthly installments thereafter. /s/ James Perrott 2008-05-06