ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2008

Mar 5, 2008

SEC Form 4/A — Form 4/A

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2008-03-03

Reporting Person: PINSLEY HOWARD M (Director, President/CEO/COB)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-03	Common Stock - $.33 1/3 par value	M	2000	$11.25	Acquired	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	958	$22.37	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$22.41	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$22.44	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$22.48	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$22.49	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23.12	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23.3	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23.42	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23.5	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	1000	$23.65	Disposed	0	Direct
2008-03-03	Common Stock - $.33 1/3 par value	S	625	$23.75	Disposed	80943	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-03	Stock Option	$11.25	M	2000	Disposed	2014-08-16	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	24928	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$17.36	2015-10-13	Common Stock (4000)	0	Direct
Stock Option	$17.80	2016-05-19	Common Stock (4000)	0	Direct
Stock Option	$18.29	2017-02-21	Common Stock (4000)	14000	Direct