Anixa Biosciences Inc — Director's Dealing 2006

Nov 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COPYTELE INC (COPY)
CIK: 0000715446
Period of Report: 2006-11-22

Reporting Person: DISANTO FRANK J (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-22	Common Stock	M	150000	$0.43	Acquired	1785905	Indirect
2006-11-22	Common Stock	M	400000	$0.25	Acquired	1785905	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-22	Employee Stock Option	$0.43	M	150000	Disposed	2014-02-23	Common Stock (150000)	Direct
2006-11-22	Employee Stock Option	$0.25	M	400000	Disposed	2013-05-05	Common Stock (400000)	Direct

Footnotes

F1: Certain of the shares reported as beneficially owned by the reporting person may have been sold by Edward A. Ambrosino, a
receiver for certain of the reporting person's assets appointed in a divorce proceding, pursuant to a court order
authorizing Mr. Ambrosino to cause the sale of such shares. However, the reporting person has not been notified by Mr.
Ambrosino as to the number of shares sold.

F2: The reported shares are held in an account of Mr. Ambrosino.

F3: Right-To-Buy, pursuant to the Copytele, Inc. 2003 Share Incentive Plan. The reported exercise was effected by Mr. Ambrosino
pursuant to a court order authorizing Mr. Ambrosino to exercise such options.