CPS TECHNOLOGIES CORP/DE/ — Director's Dealing 2005

Dec 15, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CERAMICS PROCESS SYSTEMS CORP/DE/ (cpsx)
CIK: 0000814676
Period of Report: 2005-12-14

Reporting Person: HUGHES FRANCIS J JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-14	Stock Option	$1.02	A	16000	Acquired	2015-12-14	Common Stock (16000)	Direct

Footnotes

F1: Nonqualified Stock Option granted pursuant to the CPS 1999 Stock Incentive Plan. 100% of the shares subject to the option become vested and exercisable one year after the date of grant