INTERLINK ELECTRONICS INC — Director's Dealing 2007

Jul 24, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTERLINK ELECTRONICS INC (LINK)
CIK: 0000828146
Period of Report: 2007-07-20

Reporting Person: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-20	Warrants	$1.51	P	1149603	Acquired	2012-07-20	Common Stock (1149603)	Indirect
2007-07-20	Convertible Bonds	$1.26	P	2897000	Acquired	2010-07-20	Common Stock (2299206)	Indirect

Footnotes

F1: This is a joint filing by Austin W. Marxe (Marxe) and David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Technology Fund, L.P. (Tech) and Special Situations Technology II, L.P. (Tech II), respectively. 225,794 warrants are held by QP, 117,857 warrants are held by Tech and 805,952 warrants are held by Tech II. The interest of Marxe and Greenhouse in the shares of Warrants owned by SSQP, Tech and Tech II is limited to the extent of his pecuniary interest.

F2: This is a joint filing by Austin W. Marxe (Marxe) and David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Technology Fund, L.P. (Tech) and Special Situations Technology II, L.P. (Tech II), respectively. 569,000 CB converted into 451,587 shares of Common Stock are held by QP, 297,000 CB converted into 235,714 shares of Common Stock are held by Tech and 2,031,000 CB converted into 1,611,905 shares of Common Stock are held by Tech II. The interest of Marxe and Greenhouse in the shares of Convertible Bonds owned by SSQP, Tech and Tech II is limited to the extent of his pecuniary interest.