ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2008

Aug 12, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2008-08-11

Reporting Person: HELMETAG CARL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-11	Common Stock - $.33 1/3 par value	M	1400	—	Acquired	12200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-11	Stock Option	$17.80	M	1400	Disposed	2016-05-19	Common Stock (0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	1504	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$18.29	2017-02-21	Common Stock (1400)	0	Direct
Stock Option	$21.54	2018-05-23	Common Stock (1400)	2800	Direct

Footnotes

F1: SEP IRA Account