CPS TECHNOLOGIES CORP/DE/ — Director's Dealing 2013

May 28, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPS TECHNOLOGIES CORP/DE/ (CPSH)
CIK: 0000814676
Period of Report: 2013-05-23

Reporting Person: Adams Richard W (Senior Vice-President & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-23	Common Stock	M	130000	$0.31	Acquired	202000	Direct
2013-05-23	Common Stock	F	25187	$1.6	Disposed	176813	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-23	Common Stock	$0.31	M	26000	Disposed	2013-05-29	Common Stock (26000)	Direct
2013-05-23	Common Stock	$0.31	M	26000	Disposed	2013-05-29	Common Stock (26000)	Direct
2013-05-23	Common Stock	$0.31	M	78000	Disposed	2013-05-29	Common Stock (78000)	Direct

Footnotes

F1: The reporting person exercised options to acquire 130000 shares and used the "net exercise" mechanism to pay the exercise price by forfeiting 25187 shares. The closing stock price on the exercise date was $1.60.