CPS TECHNOLOGIES CORP/DE/ — Director's Dealing 2010

Jul 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPS TECHNOLOGIES CORP/DE/ (CPSH)
CIK: 0000814676
Period of Report: 2010-07-30

Reporting Person: HUGHES FRANCIS J JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-30	Common Stock	M	8000	$1.25	Acquired	8000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-30	Stock Option	$1.25	M	8000	Disposed	2010-08-02	Common Stock (8000)	Direct

Footnotes

F1: Shares purchased by exercising a stock option grant for 8,000 shares issued to Mr. Hughes on August 2, 2000, strike price $1.25 and expiration date of August 2, 2010. This stock option grant was issued from the Company's 1999 Stock Incentive Plan to Mr. Hughes for payment as services as a director.