ELECTRO SENSORS INC — Director's Dealing 2004

Feb 9, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ELECTRO SENSORS INC (ELSE)
CIK: 0000351789
Period of Report: 2003-12-31

Reporting Person: PETERSON PETER R (Director, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
1993-01-20	Common Stock	W	1350	—	Acquired	5850	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1233801	Direct
Common Stock	11400	Indirect
Common Stock	27852	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$2.67	2004-04-28	Common Stock (6750)	6750	Direct
Stock Option (Right to Buy)	$2.08	2005-04-26	Common Stock (6750)	6750	Direct

Footnotes

F1: Adjusted to reflect correct number of shares.