CPS TECHNOLOGIES CORP/DE/ — Director's Dealing 2014

Oct 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPS TECHNOLOGIES CORP/DE/ (CPSH)
CIK: 0000814676
Period of Report: 2014-10-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-06	Common Stock	A	40750	$0.65	Acquired	143250	Direct
2014-10-06	Common Stock	D	8829	$3	Disposed	134421	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-06	Common Stock	$0.65	M	40750	Disposed	2014-10-14	Common Stock (40750)	Direct

Footnotes

F1: The reporting person exercised options to acquire 40,750 shares and used the "net exercise" mechanism to pay the exercise price by forfeiting 8,829 shares. The closing price on the exercise date was $3.00.