ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2017

Dec 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2017-12-27

Reporting Person: PINSLEY HOWARD M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-27	Stock Option	$21.75	A	2000	Acquired	2027-10-10	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	69013	Direct
Common Stock - $.33 1/3 par value	24404	Indirect

Footnotes

F1: Since the date of the reporting person's last ownership report, the reporting person disposed of 1,100 shares in his ESOP account as a required minimum distribution.

F2: The option grant was approved by the Corporation's Board of Directors on October 10, 2017, subject to shareholder approval of the plan under which the option was granted, the filing of a registration statement on Form S-8 with the Securities and Exchange Commission, and the approval of an additional listing application by the NYSE MKT. The Corporation's shareholders approved the plan on December 1, 2017, the registration statement on Form S-8 was filed with the SEC on December 4, 2017, and the NYSE MKT approved the application on December 27, 2017.