HUDSON TECHNOLOGIES INC /NY — Director's Dealing 2005

Jan 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK: 0000925528
Period of Report: 2005-01-03

Reporting Person: ZUGIBE KEVIN J (Director, Chairman, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-03	Employee Stock Option (right to buy)	$1.02	A	93750	Acquired	2015-01-03	Common Stock (93750)	Direct

Footnotes

F1: The options vest in eight quarterly installments over a two year period with the first installment commencing on 4/1/05.