ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2018

May 22, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2018-05-18

Reporting Person: SABO ALVIN O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-18	Common Stock - $.33 1/3 par value	M	1400	$21.54	Acquired	7700	Direct
2018-05-18	Common Stock - $.33 1/3 par value	S	1400	$28.3553	Disposed	6300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-18	Stock Option	$21.54	M	1400	Disposed	2018-05-23	Common Stock (1400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	10649	Direct
Common Stock - $.33 1/3 par value	1310	Indirect

Footnotes

F1: IRA Account

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.