ELECTRO SENSORS INC — Director's Dealing 2004

Apr 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELECTRO SENSORS INC (ELSE)
CIK: 0000351789
Period of Report: 2004-04-23

Reporting Person: PETERSON PETER R (Director, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-23	Common Stock	M	6750	$2.67	Acquired	1240551	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-23	Stock Option (Right to Buy)	$2.67	M	6750	Disposed	2004-04-28	Common Stock (6750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11400	Indirect
Common Stock	5850	Indirect
Common Stock	27852	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$2.08	2005-04-26	Common Stock (6750)	6750	Direct