HUDSON TECHNOLOGIES INC /NY — Director's Dealing 2005

Dec 13, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK: 0000925528
Period of Report: 2005-12-09

Reporting Person: COLEMAN BRIAN F (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-09	Common Stock	M	42000	$1.14	Acquired	304859	Direct
2005-12-09	Common Stock	M	8000	$1.14	Acquired	304859	Direct
2005-12-09	Common Stock	S	50000	$2.641	Disposed	254859	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-09	Employee Stock Option - Right to Buy	$1.14	M	42000	Disposed	2008-04-07	Common Stock (42000)	Direct
2005-12-09	Employee Stock Option - Right to Buy	$1.14	M	8000	Disposed	2008-04-07	Common Stock (8000)	Direct

Footnotes

F1: Represents average sale price of all transactions

F2: Options vested quarterly in eight equal installments commencing 7/1/03, and fully vested 4/1/05.

F3: Represents vested balance as of transaction date.