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ESPEY MFG & ELECTRONICS CORP Director's Dealing 2007

Aug 31, 2007

34112_dirs_2007-08-31_c4c1ca22-65a3-498e-8690-54565799da68.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2007-08-30

Reporting Person: Clemens James Raymond (VP Sales & Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-30 Common Stock $.33 1/3 par value M 800 $11.25 Acquired 0 Direct
2007-08-30 Common Stock $.33 1/3 par value S 800 $22.25 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-30 Stock Option $11.25 M 800 Disposed 2014-08-20 Common Stock (0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $.33 1/3 par value 1549 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $17.36 2015-10-13 Common Stock (1600) 0 Direct
Stock Option $17.80 2016-05-19 Common Stock (2000) 0 Direct
Stock Option $18.29 2017-02-21 Common Stock (2000) 5600 Direct