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Envela Corp Director's Dealing 2010

Jun 3, 2010

33686_dirs_2010-06-03_9574a6d5-1c57-4c89-96ab-751fb08abe1d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DGSE COMPANIES INC (DGSE)
CIK: 0000701719
Period of Report: 2010-06-03

Reporting Person: OYSTER WILLIAM H (Director, President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-03 Common Stock P 207361 Acquired 245976 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
1993-12-31 Option to acquire common stock $2.250 A 100000 Acquired Common Stock (100000) Direct
1994-12-31 Option to acquire common stock $2.125 A 50000 Acquired Common Stock (50000) Direct
2001-10-08 Option to acquire common stock $2.250 A 100000 Acquired Common Stock (100000) Direct

Footnotes

F1: The right to acquire the shares of the issuer being reported herein from Stanford International Bank, Ltd. ( SIB) was
assigned to the reporting person on May 25, 2010 pursuant to a Purchase and Sale Agreement between the issuer and SIB and
approved by the District Court in the matter of Stanford Financial Group.

F2: Irrevocable Proxy to Vote Shares, dated May 18, 2010, by and between the Reporting Person and Dr. L.S. Smith as reflected on
exhibit 99.5 in Form 13D/A filed on June 3, 2010 with the SEC by Dr. L.S. Smith.

F3: 180 days following termination of employment with DGSE Companies, Inc