INTERLINK ELECTRONICS INC — Director's Dealing 2005

Jan 21, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTERLINK ELECTRONICS INC (LINK)
CIK: 0000828146
Period of Report: 2005-01-18

Reporting Person: THOBEN E MICHAEL (Chairman, CEO, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-18	Common Stock	M	3813	$2.4	Acquired	46072	Direct
2005-01-18	Common Stock	S	3813	$8.22	Disposed	42259	Direct
2005-01-18	Common Stock	M	4000	$2.4	Acquired	46259	Direct
2005-01-18	Common Stock	S	4000	$8.2	Disposed	42259	Direct
2005-01-18	Common Stock	M	1062	$2.4	Acquired	43321	Direct
2005-01-18	Common Stock	S	1062	$8.15	Disposed	42259	Direct
2005-01-18	Common Stock	M	3000	$2.4	Acquired	45259	Direct
2005-01-18	Common Stock	S	3000	$8.25	Disposed	42259	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-18	Employee Stock Option (Right to Buy)	$2.4	M	11875	Acquired	2006-10-01	Common Stock (11875)	Direct

Footnotes

F1: Transaction pursuant to a Rule 10b5-1 trading plan.

F2: The option vested 25% on October 1, 2001 and in equal monthly installments thereafter over a period of three years.