BK Technologies Corp — Director's Dealing 2006

Mar 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RELM WIRELESS CORP (RWC)
CIK: 0000002186
Period of Report: 2006-03-09

Reporting Person: KELLY WILLIAM P (Exec. VP/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-09	Common Stock	M	2300	$1.00	Acquired	2300	Direct
2006-03-09	Common Stock	S	2300	$9.25	Disposed	0	Direct
2006-03-09	Common Stock	M	1000	$1.00	Acquired	1000	Direct
2006-03-09	Common Stock	S	1000	$9.20	Disposed	0	Direct
2006-03-09	Common Stock	M	1000	$1.00	Acquired	1000	Direct
2006-03-09	Common Stock	S	1000	$9.15	Disposed	0	Direct
2006-03-09	Common Stock	M	3300	$1.00	Acquired	3300	Direct
2006-03-09	Common Stock	S	3300	$9.00	Disposed	0	Direct
2006-03-09	Common Stock	M	4200	$1.10	Acquired	4200	Direct
2006-03-09	Common Stock	S	4200	$9.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-09	Employee Stock Option (right to buy)	$1.00	M	4300	Disposed	2011-07-16	Common Stock (4300)	Direct
2006-03-10	Employee Stock Option (right to buy)	$1.00	M	3300	Disposed	2011-07-16	Common Stock (3300)	Direct
2006-03-10	Employee Stock Option (right to buy)	$1.10	M	4200	Disposed	2011-11-18	Common Stock (4200)	Direct

Footnotes

F1: The options vested in 25% increments over four years beginning July 17, 2001.

F2: The options vested 51.6% on 11/19/01, 24.2% on 11/19/02, and 24.2% on 11/19/03.