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CSP INC /MA/ Director's Dealing 2009

May 12, 2009

34072_dirs_2009-05-12_357f7b6b-995f-429e-86f0-9e0134f2a46a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2009-05-11

Reporting Person: Williams Robert Michael (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-05-11 Common Stock J 200 $3.45 Acquired 8700 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option Right to Buy $11 2010-03-07 Common Stock (2500) 2500 Direct
Stock Option Right to Buy $6.33 2011-02-13 Common Stock (2500) 2500 Direct

Footnotes

F1: Distribution of shares to board member